News

  • Land plots put up for auction in Istanbul

    Istanbul Municipality (IBB) immediately sells 5 land plots located in the districts of Kartal, Zeytinburnu and Kyaythane. The auction will take place on June 14, 2023 and will be held by open bidding.   Starting prices for plots - by the way, small, not exceeding 205 sq.m. - start from 175,000 Turkish lira (TL) and reach 2,858,940 Turkish TL...

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  • Turkish contractors have implemented projects abroad worth $6.5 billion

      The builders of the Republic of Turkey in the first five months of 2023, according to their profile, performed work outside the country in the amount of $6.5 billion.   According to the calculations of the Anadolu agency (based on data provided by the Ministry of Commerce), from 1972 to the end of May, 11,745 successfully implemented...

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  • Real estate in Turkey: the main news of the past week – June 3-9

    A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest.   The "sore spot" remains the insecurity of all those in need of housing: many cannot afford to buy their own or rent someone else's. Even such a seemingly protected category as civil servants began to clearly need "support"...

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  • New measures have been announced to protect the rights of tenants

    The authorities announced that they would make life easier for about eight million tenants in Turkey suffering from exorbitant rental rates.   Recall that the Ministries of Environment, Justice, Trade and related institutions continue to struggle with exorbitant rent increases in the country.   Thus, it has already been reported that...

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  • Alanya Municipality will move to a new building

    The tender for the construction of a new building of the municipality of Alanya (Antalya province) will be held just a few days ago: June 12, 2023. The city is growing, the population is increasing, and the building, which is currently occupied by the local municipality, is no longer coping with its "duties" to the proper extent; therefore, there...

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  • The project for 600 residences will appear in Yspartakul

    A new project consisting of 574 residences Valentium Ispartakule will appear in the area of Ispartakule; the developer is Aşçıoğlu Inşaat.   Also, 22 commercial facilities will be located on the territory of the megacomplex. The land area is 19,934 sq.m., and the built-up area is 43,742 sq.m. According to preliminary calculations, the...

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  • Details of THY project in Istanbul have become known

    The details of Turkish Airlines own development project (THY), which will appear in Yenisehir: Yenişehir Evleri Arnavutköy, have finally been revealed.   The project is being implemented in partnership with Emlak Konut; work is already underway.   However, housing here is not easy to buy: it will be distributed among the applicants...

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  • One of the banks announced another sale

    Vakıfbank once again announced the auction of used housing, which appeared on the balance sheet of the financial structure. Recall that such apartments are owned by banks when they are taken from defaulters on loans. As a result, new buyers have the opportunity to purchase a lot from an auction at a price lower than the market price; sometimes even...

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  • Prefabricated houses can be bought from 90 000 TL

    Manufacturers of factory prefabricated houses in early summer announced two promotions with special prices at once.   In June, a 2 + 1 house with an area of 55 sq.m on its own plot can be built for 179 900 TL, 2 + 1 - for 290 000 -325 000 TL. Well, we remind you that for such a prefabricated housing, you can get state support in...

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  • Civil servants will be supported not only by rent compensation

    News continues to arrive regarding the support of civil servants, who are also very much affected by the rapid increase in rental rates.   The fact is that civil servants are usually not compensated for rent, with some exceptions; they have to rent housing, covering these costs from their own salaries. At the same time, such employees are...

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