News
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In Bursa, the fourth largest metropolis in Turkey, Nilufer is "gaining momentum"; housing is in great demand here. The Emlaksayfasi portal published data on the number of transactions concluded in this area in 2022. Namely: over the past year, 54,277 transactions of purchase and sale of residential residences (houses or apartments) took...
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An important warning has been issued to millions of landlords. Recall that in light of the explosive growth of rental rates over the past year or two, the authorities have taken control of the increase in monthly rent. A year ago, the limit of rent increases during the prolongation of annual residential real estate lease agreements was limited to a...
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In the context of two earthquakes of magnitude 7.7 and 7.6 in Kahramanmarasa at once, and precautions for possible strong tremors in the metropolis of Istanbul in the near future, which seismologists have been warning about for years, have come to the fore again. So, the Istanbul Municipality (IMM) announced an "urgent step": all buildings...
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A new project of the Department of Mass Housing Construction for six and a half hundred residences has been announced in Istanbul: TOKI will offer future buyers a large complex for 648 lots at once. The tender for the implementation of this major project was held on March 8, 2023, Emlaksayfasi clarifies. On the territory of the future...
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Minister of Environment, Urbanization and Climate Change Murat Kurum officially announced the relocation of buildings located in the most dangerous areas of Istanbul from a seismic point of view. After the February earthquake in Kahramanmarash, the largest metropolis, in which serious tremors are already predicted in the future for several...
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The program of state support for the construction of their own housing, designed to motivate as many families as possible to build their own homes, is gaining momentum. This is especially true of "factory" prefabricated structures. So, if earlier payments were offered for the purchase and assembly of very modest lots on your land plot - in...
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As we reported earlier, as part of the first stage, the authorities planned the construction of 199,739 residences in cities and several tens of hundreds of rural houses. Now, figures have become known regarding the distribution of the 15 000 houses to be built in the provinces in the first place. Contracts with contractors have...
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Work continues on a new road planned by the Municipality of Alanya to improve traffic in Kestel to Alaaddin Keikubat University, as well as to the newly paved highway. This rapidly being completed new road with a length of 4 kilometers and a width of 30 meters will simplify access not only to the University of Alanya, but also to the...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our first spring digest for 2023. The country continues to deal with the consequences of the February disaster. Among the primary tasks is to provide housing for those in need and provide compensation to those whose damaged apartments and houses...
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After two strong aftershocks in early February, affecting more than a dozen Turkish provinces, many people were forced to change their place of residence - temporarily or permanently. They were placed in hotels, guest houses, temporary buildings, as well as student dormitories specially vacated for this purpose. Here is a list of how many citizens...
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