News
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The authorities have finally begun to officially provide information concerning the details of the housing company "My first House" not only for the poor, but already for the so-called middle-class. As part of this campaign, citizens who purchase housing will be provided with a housing loan with an interest rate of 0.69% per month with a maturity...
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A recognized specialist and media editor in the real estate industry, Tebernush Kirechi, voices his expectations for the coming year, with an eye on the results of the previous one and not only. Brief extracts from this analysis are below, although first of all, to understand the situation, it is worth mentioning the results of 2022 and...
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Some difficulties are evident in Baklaly (Arnavutkey district of Istanbul), where a major project is planned in the immediate vicinity of the future man-made transport "artery" – the Istanbul Canal. Earlier, according to Emlakkulisi, it was announced that thousands of new residences will be built in Arnavutkey, in several queues. In...
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In the coming 2023, the housing market as a whole will normalize, experts believe. Soner Kelesh, a member of the board of directors of Motto Turkey, said that with an increase in the volume of construction of new housing in 2023, a balance of supply and demand will be achieved, and prices for residential real estate in the secondary market will...
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President of the Republic of Turkey Recep Tayyip Erdogan took part in the opening of the highway in the North Marmara region (Izmit-Akyaz), with a total length of almost four hundred kilometers - 398.4 km. There are 409 bridges, 10 tunnels and 69 viaducts on this distance. The commissioning of the new motorway is designed to facilitate and speed up...
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Another of the missions assigned to the man-made multi-kilometer Istanbul Canal is to increase the volume of maritime trade through cooperation in the field of maritime navigation. Including with Panama; this was stated by Deputy Foreign Minister Faruk Kaymakci at a recent meeting of the Foreign Affairs Committee of the National Assembly of Turkey...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. The first week of the new year, 2023, was "marked" mainly by statistical news. Although the topic of investments of foreign citizens in the real estate sector of Turkey - and the volume of investments - remain on the agenda...
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The world-famous Kempinski hotel group has agreed with the Turkish developer Nef for joint projects in Bodrum and Sapanja. The contracts were signed in the amount of 365 million euros. Kempinski Group, which has long considered scaling up its activities in the Turkish market, will entrust Nef with the construction of two luxury complexes at...
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Istanbul Municipality (IBM) announced that it is going to sell at auction three plots of land belonging to it located on the territory of the province. Namely, in the areas of the megalopolis Kyatkhane, Basakshehir and Pendik.Auctions for the sale of land will be held until January 11, 2023. The area of the land plot located in the Gyursel...
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Minister of Environment, Urbanization and Climate Change Murat Kurum said that his department, together with the Ministry of Finance, has reached the final stage of discussing the terms of the program for providing preferential housing to middle-income citizens. That is, not only the poor. The details of the action are promised to be...
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