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The Electronic Concrete Monitoring System (EBIS), which was developed to electronically monitor the quality of construction by adding special chips to concrete, has been applied to almost half a million buildings, or in 432,797 buildings in Turkey. The technology for controlling chips is developed by AselsanNET. In 2018, the Ministry of...
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January was not successful in home sales to foreigners: this is the lowest figure in two years. Nevertheless, dozens of countries are still interested in residential properties in Turkey. Here are the 20 states, the citizens of which purchased the most apartments and houses in Turkey in the first month of 2024. In descending order: Russia — 555...
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159 plots of land have been auctioned in the provinces of Biledžik, Şanlıurfa and Ankara. Local municipalities offer them for sale. So, there are about several plots in Biledžik, the price of which ranges from 120,000 to 572,000 TL. Their area is from 277 to 5,250 sq. m. The municipality of Şanlıurfa sells 150 plots for residential development....
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According to the Turkish Institute of Statistics (TÜIK) and Emlakkulisi, the cost of construction continues to rise. Estimates suggest that the construction cost index rose by 1.94% in December 2023 marking a 67.31% increase from December 2022. The so-called Labour Index increased by almost 2% in a month and by 111.62% in a year. The price index...
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Government employees, who have always received salaries above the national average, need subsidies for rental housing. As it turned out, they cannot afford to rent apartments for themselves and their families. Therefore, someone has to give up new positions in expensive areas of the city to rent real estate losing their positions, and lonely...
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"There will not be a single earthquake unsafe residence in the metropolis," local authorities assure. The country is changing, and half of 650,000 off-plan housing units, which will be provided to those living in dilapidated buildings belong to the municipality. The candidate for the future mayor of Istanbul, Murat Kurum, visited the demolition...
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A new residential complex for 3,000 apartments from a turkish developer to appear in northern Cyprus
Fenercioğlu Gayrimenkul Company (Fenercioğlu A.Ş) has started the construction of a huge project for 3,000 apartments in Northern Cyprus (TRNC). This large residential complex will be called Costal Heaven. It will be located in Gaziveren, a new area of Cyprus for residential development. In addition, it will be especially attractive for tourists...
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The average price per housing unit in Istanbul has exceeded 4 million TL, analysts say. According to Endeksa statistics, the annual increase in the cost of housing was 73% at the end of December in Istanbul. The average price per 1 sq. m in the largest metropolis of Turkey is 36,262 TL, and the average cost of one residential lot is 4,170,130 TL...
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Although the number of housing transactions decreased both seasonally and in light of economic conditions in December 2023, sales this winter are lower than last year — 42,338 out of the 138,577 residential real estate units sold in the last month of last year were in the three largest metropolitan areas: Istanbul — 23,714 units, Ankara — 11,458...
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The Republic of Turkey implements innovative solutions for the transport sector not only in the country or its region, but also around the world. For example, a tram line was tested, which was laid directly to the city hospital in Kocaeli (near Istanbul). This solution is made to facilitate the transportation of both patients and visitors, which is...
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