Real estate in Turkey: the main news of the past week – January 7-13

Real estate in Turkey: the main news of the past week – January 7-13

A selection of the most relevant news of the real estate market of the Republic of Turkey is in our traditional weekly digest.

 

The status of the Istanbul Canal project is on the agenda: there are some difficulties with the zoning of territories. However, the significance of the project is indisputable - in particular, it will contribute to the development of economic cooperation with Panama. 

 

The largest nationwide campaign "My first home, my first workplace" does not leave the front pages of newspapers either: first, the authorities announced the first details on the conditions of participation in this action for the middle-income population, and a little later - an unprecedented mortgage program for the same group of citizens. 

 

It is impossible to pass by several important announcements concerning social and transport infrastructure. Another significant highway has been opened in Turkey; and in Mahmutlar (Alanya resort, Antalya province), the foundation of a new large medical facility has been laid, which will be built with sponsorship funds.

 

The shopping center segment is also coming to life. In particular, Artas Group is becoming a leader in shopping malls.

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