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For those who decide to strengthen or rebuild their own housing themselves, the authorities will offer a loan package, according to which the loan will be, in fact, "free" for two years in a row. The amount will be 1.25 million Turkish lira (TL), which is equivalent to the cost of a decent apartment with an area of 100 square meters. Such...
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In some areas of the largest Turkish metropolis, an apartment is now more expensive than a detached house in the United States. For example, a similar situation is observed in Bagdzhylar. This was reported by the Emlakkulisi portal, referring to the data received from the Chief Secretary of the Istanbul Municipality (IBB). The municipality...
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Over the past year, the topic of banning the sale of housing to foreigners has been actively discussed - under the pretext that buyers from abroad are allegedly to blame for the sharp increase in prices for apartments and houses. As a result, the local population can no longer afford their own housing. Nevertheless, just the other day it...
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The volume of sales of residential real estate to buyers from other countries in Turkey increased by 172% in the period from 2018 to 2022, largely due to the cheaper Turkish lira. But the possibility of obtaining Turkish citizenship for investment is also an important factor. According to the newspaper Sözcü, referring to the data provided...
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Factory - so-called "prefabricated" houses have become a lifesaver for many categories of citizens, especially in the context of the current need to erect buildings for life not just "quickly", but urgently. However, many fear that such houses a la "ready-made designer" are short-lived. Experts have dispelled this myth, as well as some...
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The February events related to the tremors caused a lot of activity in the real estate market. In fact, by "shaking it up". In particular, there has been a strong increase in demand in the market, which the available housing stock is simply not able to satisfy. And this primarily concerns the rental segment: according to the Endeksa real...
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Turkish President Recep Tayyip Erdogan announced that 650 000 new housing units will be built for the victims of the February earthquake. Stating in his speech at the business dinner: "We have already begun the process of rapid "healing of wounds" after the great catastrophe. We will erect 600 thousand residences in houses - strong and safe...
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Important financial structures and corporations in Turkey are preparing to move their headquarters from Istanbul to Ankara, Turkish media write. This is explained by the desire to minimize risks due to the possibility of an earthquake, which is higher in the largest metropolis of the country than in the capital. The headquarters of...
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Once again, Turkey's leadership in terms of investment attractiveness of investments in residential real estate has been confirmed. Global Property Guide has published the results of another study of the world market in this area, for which information was collected on 60 states. TOP-5 are the following: Turkey +63.02% (increase...
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In Alanya, as one of the most popular coastal cities, along with the prices for buying and renting housing, the aidats also "soared". Recall that this is a fixed payment, the cost of services for maintaining the residential complex in order. Previously, the highest aidats were observed in Istanbul and other Turkish megacities; however,...
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