News

  • Men are more likely than women to buy housing in Turkey

    Summing up the results of 2022, the Turkish Institute of Statistics presented data, including on who buys residential real estate in Turkey more often: men or women. Comparing the figures with the previous year, 2021.    As it turned out, the percentage ratio in this sense has practically remained in 12 months: out of 100% of new...

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  • Real estate in Turkey: the main news of the past week – January 14-20

    We present the most widely read news of the Turkish real estate sector over the past seven days.    Analysts, having finally received detailed statistics for December, summarize the results of 2022. Which, after two years of the pandemic and the economic crisis that followed it, somewhat «crippled» the construction sector, inspire...

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  • The metro to the New Airport opens the other day

    Minister of Transport and Infrastructure Adil Karaismayiloglu has officially announced the date of the long-awaited opening of the Kyakhane metro line-the New Airport.   It was supposed to be completed by the end of 2022. The commissioning of the «branch» was slightly delayed, but not significantly – for three weeks, taking into account its...

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  • Shopping malls give way to luxury residences

    When in large Turkish megacities, in Istanbul first of all, there was no free land left for housing construction in advantageous locations, developers began to look closely at shopping malls. In particular, it is already known that negotiations are underway regarding a shopping center in Beylikdüzü Torium AVM and another shopping center on the...

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  • The number of ferry routes in Istanbul has increased

    Despite the winter and cold weather, the number of water transport routes continues to increase in the largest Turkish metropolis. Namely – ferry «ways».   In 2022, several new ones were launched at once, and this is in addition to additional funicular routes and several important fragments of metro lines, including the «branch line» opened...

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  • 2023 will be the «golden year» for the real estate sector of Turkey

    Due to the details just announced of the nationwide campaign «My New Home», which will also cover the category of middle-income citizens, 2023 will turn out to be a «golden year» for the construction industry; this is exactly what some industry experts believe.   In the sense that a lot of people will take advantage of the finally successful...

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  • Due to the subway to Sabiha Gokcen Airport, housing in a number of districts has risen in price

    The opening of the metro line connecting Kadikoy with Sabiha Gokcen Airport has led to a sharp jump (namely, an increase) in real estate prices in remote areas of the metropolis. Earlier, we reported a 20% increase in tariffs; however, according to data collected by Hepsiemlak, the leading Turkish real estate platform, in some quarters that most...

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  • Turkey is the world leader in house price growth for 2.5 years

    From the middle of 2020 and almost until the end of 2022, Turkey holds the championship in terms of «the country with the highest growth in housing prices in the world». According to the local Land Registry, in 2022, the record for real estate sales was broken: the number of housing transactions exceeded 1.5 million for the first time. In the...

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  • Istanbul Channel is «overgrown» with new projects

    The zoning of the Karaburun quarter near the Istanbul Canal under construction implies the construction of residential and commercial premises on an area of 2.8 million square meters, writes Emlakkulisi.   In Karaburun, one of the most attractive coastal locations on the Black Sea coast of Istanbul, housing, a shopping center, a hotel and...

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  • Istanbul real estate will «outstrip» Miami soon

    Housing prices in Istanbul are about to exceed the cost of housing in Miami, writes the portal Emlak365. According to the latest Housing Price Index published by the Central Bank, the value of residential real estate in Turkey has increased by 226% in the last 12 months alone. At the same time, the average price per square meter of housing for sale...

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