News
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We present a traditional cross-section of the most widely read news in the field of construction, housing, buying and renting over the past week. Turkey is still "ahead of the whole planet": according to the updated rating, it leads among 58 countries in terms of housing price growth. Turkish contractors are also setting records;...
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Analysts of the Bank for International Settlements (BIS), of which the Central Bank of the Republic of Turkey is a member, have published the most up-to-date rating on the dynamics of housing prices, taking into account the data of 2022. The situation in 58 countries was compared; and Turkey was again "on top", with an annual increase of...
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Mersin province with the "capital" of the same name has been developing especially actively over the past year; in particular, transport links with other provinces are improving. Among other things, the authorities have taken care of improving the supply of gas and water. Developers one by one come out with new projects; Mersin does not ignore TOKI...
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The Ministry of Family pleased families with low incomes: households ready to invest in the purchase of residential real estate can receive a cash subsidy from the state up to half a million Turkish lira (500,000 TL). It will be used to pay off accounts receivable. However, not everyone will get it: in order to receive a subsidy, you need...
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Construction costs in Turkey are expected to reach $1 trillion. This amount increased due to the damage caused by the earthquake with an epicenter in Kahramanmarash in early February 2023. So now, in addition to restoring the destroyed housing stock, we have to pay much more attention to the earthquake resistance of buildings. Experts Kain...
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The data on the new Istanbul project from among the most long-awaited have been officially announced. The Office of Mass Housing Construction (TOKI) with the support of the Ministry of Environment, Urbanization and Climate Change. According to the information on TOKI's official website, a new large complex for 622 residences will appear in...
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Minister of Health Fahrettin Koja spoke about innovations that are important for relatives of patients at home. It will affect Turkish citizens over 80 years of age, as well as people over 65 years of age with confirmed chronic diseases. Now they will be able to receive medical care directly at home: the relevant decision was prepared by...
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In Turkey, tenants began to face the fact that tenants wishing to change the terms of the lease or the tariff, or to evict residents, reduced the time for settling all issues to... one month. That is, if the owner "changed his mind" to rent housing (we can guess about the reasons: the desire to earn more by signing a new contract with new...
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After the earthquake in Kahramanmarash, the star of cities with a low risk of earthquakes "rose" in the rental housing market. And when immigrants poured in, the vacant rented areas were very quickly occupied. Edirne turned out to be one of those places where at first the owners were very happy about the increased demand, and then, in...
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Pasifik GYO company announced that preliminary sales of three projects - residential complexes, all under the "brand" Next Level - implemented by it in Istanbul have been opened at once. The total cost of the three projects is more than 20 billion Turkish lira (TL). Fatih Erdogan, Chairman of the Board of Directors of Pacific GYO, shared...
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