News
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A selection of the most relevant information guides of the real estate market of the Republic of Turkey is in our traditional digest for the past seven days. Good news for the victims of the earthquake in Kahramanmarash: many households can receive a million lira as compensation, for the Turks this is a considerable amount. The...
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The elite project implemented by Mutlu Inşaat in Buyukcekmej (Istanbul district) is popular: despite the fact that construction is still underway, some categories of villas have already been sold out. The deadline for putting the complex into operation is scheduled in five to six months, in December 2023. In this project, called Villa Blu,...
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Three new projects from Kiler GYO will start in August in the largest Turkish metropolis: Reference Ümraniye, Reference Pendik and Reference Göktürk. Accordingly, they will appear in the districts of Umranie, Pendik and Gekturk. The launch of the projects will begin simultaneously with the start of sales, already in August 2023. The...
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The work of the Department of Mass Housing Construction (TOKI), which is building 250 social apartments in the Alani district of Mahmutlar, is coming to an end. So soon housing will be provided to 250 families; 175 apartments are being built in the 2+1 format and 75 - 3+1. The Chief architect of Alanya, Mustafa Toklu, assessed the progress...
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Developer BOSS4 Inşaat has officially announced the launch of four of its new projects at once, for a total of 2,000 residential residences. The estimated investment will amount to 4 billion TL. The projects will appear on the territory of Maltepe, Bakhchesehir, Zeytinburnu and Buyukchekmedje districts. The chairman of the Board of...
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The project of "Turkish" electricity for delivery to Northern Cyprus (to the Turkish Republic of Northern Cyprus, or TRNC) is at the stage of technical readiness, local media write. Let's clarify that we are talking about providing electricity to the island through underwater power supply: laying cables along the ocean floor. Experts explained to...
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The June statistics of housing transactions show that the "four leaders" - the countries whose citizens purchase the most housing in Turkey - have not changed in recent months: These are Russia, Iran, Iraq and Ukraine. Here are TOP-20 states-"buyers" of residential real estate over the past month: RF - 733 residential...
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TOKI will put up for auction 500 land plots in 28 provinces, including Istanbul, Ankara and Izmir, according to the portal Emlaksayfasi. These are industrial facilities, warehouses, medical institutions, and even a gas station. There are also sites designed for residential development. The initial payment is 35%, the remaining amount can...
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The Turkish Institute of Statistics presented data on housing transactions for June, at the same time summarizing the results of the first half of 2023. Here are the exact figures for June: The total number of transactions is 83,636, or - 44.4% compared to June 2022 (150,509); Mortgage transactions - 13,463, or - 66.8% compared...
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The construction of a cultural center in Alani of Mahmutlar (Antalya province) is gradually nearing completion. At the moment, 60% is already ready. The foundation was laid a year ago. Mahmutlar is one of the largest and, perhaps, the most "Russian-speaking" area of the resort city of Alanya. The planned cultural center is undoubtedly a...
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