News
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President of the Republic of Turkey Recep Tayyip Erdogan, taking part in the opening ceremony of the «branch» of the Kagithane metro-the New Airport, officially announced how things are currently going with the construction of the Istanbul Canal. The canal will be laid in stages, four stages are planned. In addition to its economic...
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According to a recent announcement published by TOKI, it became known who exactly will get 2+1 apartments in Chorum, in the Çorum Merkez Celilkırı project. They will be distributed among low-income households. The cost of these lots ranges from 300 to 378 thousand Turkish lira (TL). Everyone can apply, and then TOKI will draw lots. The...
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The media reports that the government, planning to intensify the process of urban transformation as part of a nationwide campaign, will increase financial support for the population in 2023. In particular, in some cases, the loan rate on housing loans will decrease, the volume of these loans will increase, and their repayment period will be...
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The launched program «My New Home» for middle-income households allows you to purchase housing with a preferential interest rate of 0.69% per month. However, potential buyers are warned: do not try to negotiate with the seller and underestimate the cost of housing according to documents in order to reduce payments. In case of detection of the fact...
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The rental market, especially in the most popular cities and districts of Turkey, is already so «overheated» that some of the realtors and homeowners have already begun to arrange a kind of auction for the right to rent an apartment or house of interest. That is, the one who offers the highest monthly rental rate becomes a happy tenant. In...
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Recently, the interest of the local population in the urban transformation program has noticeably decreased. One of the reasons for this is the minimum level of assistance in renting housing provided by the state to those moving. The authorities are naturally asked the question: should we wait for an update of measures to help the population in...
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For some residents of Turkey, there were opportunities to build prefabricated (so-called «factory») houses, partially sponsored by the state. Which means that you can become the owner of your own home with minimal costs by making monthly payments. So, those who own land, real estate market analysts advise to take a closer look at this...
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A selection of the most relevant news of the Turkish real estate market is in our weekly digest. Russians continue to surprise: in 2022, they not only bought the most real estate - we mean, in comparison with citizens of any other states - but also opened the most firms and enterprises in Turkey: almost 1400...
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The famous mansion on the Bosphorus is for sale for 330 million Turkish lira (TL). This is the house of Mehmet Emin Aga in Kanlydzha: a historic building is looking for a new owner. Kanlija district is considered one of the most attractive locations in Istanbul; its «highlight» is the beautiful view of the Fatih Sultan...
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The Office of Mass Housing Construction TOKI announced the next sale of a number of lots with a very modest initial and monthly installment. In particular, as part of one of the projects, 2+1 residences (with two bedrooms) will be offered at a price of 300,000 to 378,000 Turkish lira (TL). the monthly payment ranges from 1,500...
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