News
-
The Office of Mass Housing Construction TOKI announced one of the first preferential programs in 2023 for the purchase of housing. In this case, the property is offered with a 25% discount and, moreover, in installments, the repayment period of the remaining debt is 180 months (15 years). The minimum monthly payment starts from about 1,600 Turkish...
Read more -
Disputes between landlords and tenants are intensifying; so, the intensity of «passions» in this area has reached a new level. Tenants, on the one hand, are not ready to pay exorbitant amounts; on the other hand, protesting, sometimes try to prevent the owners from selling the house – when they want to make a profit from the sale, since they could...
Read more -
Another, the third, completely «unmanned» metro line has been opened in the largest metropolis of Turkey - Istanbul. According to Turkish media, this is a line called the M8 with a length of just over fourteen kilometers (14.3 km). There are 13 stations scattered along this route. The metro line is designed for the movement of trains...
Read more -
Chairman of the Board of Nef Erden Timur and President of Mastertürk Group Gokhan Tash said that the Republic of Turkey now ranks first in Europe in housing sales; the volume of sales of residential real estate for December 2022 is impressive. Erden Timur, referring to the statistics obtained at the end of the year, explained that in...
Read more -
The Central Bank of Turkey has published a housing price index, which by the end of November 2022 has increased by almost 175% over the past year. Compared to the previous month, it grew by 3.8%. The provinces with the highest growth in housing prices in November of the year just ended were Antalya, Burdur and Esparta - 214.5%. They...
Read more -
The volume of transactions in the housing market at the end of the year turned out to be almost identical to last year, although December is actually less successful than December 2021. But it is more profitable than all the other months for the entire period of 2021-2022: so, both Decembers are leading by an impressive margin. As for the...
Read more -
With the Avrupa Konutları Ata project, 413 new residences will appear at once in Kucukcekmedj. The infrastructure of the project will also include 14 commercial facilities. The developer will be Artaş Inşaat, a company that has been actively expanding its portfolio recently. The estimated volume of investments in the project is 768,145,301...
Read more -
December 2022 turned out to be the most successful in terms of the number of transactions without mortgage lending: after all, in the current economic situation, people are trying to get as little as possible dependent on bank loans. And, as they say in Turkey, «they gut pillows and mattresses». So, in December 2020, 91,350 non-mortgage...
Read more -
Recently it became known that in the capital of the Republic of Turkey, a representative office of a company that provides services for Russians in processing documents related to applying for a residence permit and not only started working. It is possible to get help with updating the passport, and issuing powers of attorney, as well as much more....
Read more -
The Minister of Environment, Urbanization and Climate Change Murat Kurum in his recent statement gave hope to those wishing to purchase secondary real estate. Earlier, the most preferential terms of purchase applied exclusively to lots in new buildings, and strictly defined categories of the population. So, is the housing campaign for secondary...
Read more