News
-
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...
Read more -
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...
Read more -
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...
Read more -
Minister of Environment, Urbanization and Climate Change Mehmet Özhaseki shared with media representatives information from the TÜIK Statistical Institute and the Land Registry that citizens of other countries had purchased 17,076 land plots in Turkey with a total area of 28,318 sq. m by November 14, 2023. Moreover, this is not only land for...
Read more -
The Turk.Estate portal invites you to familiarize yourself with the weekly digest of the latest real estate news on the Turkish market. The authorities continue to make considerable efforts to normalize the rental market. Two million apartments will be checked to ensure that they are properly rented to tenants and all the rules are followed....
Read more -
Turkey is a country with incredible beaches, a vibrant culture, delicious cuisine and historical sites that have witnessed the rise and decline of civilizations for centuries. It is a destination for adventurers, tourists, water sports enthusiasts and city dwellers. Everyone can find something personally appealing here and have an unforgettable...
Read more -
Gazipasa, the area surrounding the airport of the same name and located closest to the resort city of Alanya in the province of Antalya, is experiencing a significant increase in the cost of both renting and buying properties. This information comes from experts at Endeksa, a predictive real estate data analytics and insights platform, who have...
Read more -
Elite residential complexes in Istanbul are rapidly increasing in number, particularly whole neighborhoods consisting of villas. One of those complexes is located in the Bahçeşehir district. It is designed in an Italian style and will consist of over 200 villas. The complex is called Sylvana Istanbul, also in Italian. Covering an area of 44,000 sq...
Read more -
A new term that is increasingly referred to in the Turkish media is "rental migration." This is about people who are forced to move to cheaper cities and neighborhoods because they can no longer afford the high rent in their current locations. Rental migration is becoming more common among pensioners, students, and minimum wage workers who are...
Read more -
Here, we present detailed statistics of transactions for June 2023 in Bursa, Turkey's fourth largest metropolitan area. In June, 2,990 residences found their owners here; so in the first summer month, Bursa accounted for 3.6% of the housing transactions of the country's total. In this sense, Bursa was in the fifth place throughout Turkey: the...
Read more