News

  • $150 billion worth of facilities in Saudi Arabia to be constructed by Turks

    Majid Al-Hogail, Saudi Arabia's Minister of Agriculture and Housing, has invited Turkish contractors to cooperate on projects worth $150 billion in his country, according to Emlakkulisi. More specifically, the corresponding  agreement was made during a meeting and joint negotiations between representatives of the Turkish Contractors...

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  • 84 residences under the Maxx Royal brand will replenish the real estate market of Bodrum

    Caja Maxx Royal - the first residential project of ETS Grup - went on sale. So very soon an elite residential complex with 27 villas will appear in Bodrum.   A plot was chosen for implementation in one of the most beautiful bays on the Bodrum coast, surrounded by olive groves and pine forests, 2 km from the village of Turkbukyu, 22 km from...

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  • Real estate in Turkey: the main news of the past week – July 15-21

    A selection of the most relevant information guides of the real estate market of the Republic of Turkey is in our traditional digest for the past seven days.   Good news for the victims of the earthquake in Kahramanmarash: many households can receive a million lira as compensation, for the Turks this is a considerable amount.   The...

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  • Villa Blu in Istanbul will appear by December

    The elite project implemented by Mutlu Inşaat in Buyukcekmej (Istanbul district) is popular: despite the fact that construction is still underway, some categories of villas have already been sold out. The deadline for putting the complex into operation is scheduled in five to six months, in December 2023.   In this project, called Villa Blu,...

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  • Three properties under the Referans brand are expected in Istanbul at once

    Three new projects from Kiler GYO will start in August in the largest Turkish metropolis: Reference Ümraniye, Reference Pendik and Reference Göktürk. Accordingly, they will appear in the districts of Umranie, Pendik and Gekturk. The launch of the projects will begin simultaneously with the start of sales, already in August 2023.   The...

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  • 250 social apartments are being prepared for delivery in Mahmutlar

    The work of the Department of Mass Housing Construction (TOKI), which is building 250 social apartments in the Alani district of Mahmutlar, is coming to an end.   So soon housing will be provided to 250 families; 175 apartments are being built in the 2+1 format and 75 - 3+1. The Chief architect of Alanya, Mustafa Toklu, assessed the progress...

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  • BOSS4 Insaat launches four new projects at once

    Developer BOSS4 Inşaat has officially announced the launch of four of its new projects at once, for a total of 2,000 residential residences. The estimated investment will amount to 4 billion TL.   The projects will appear on the territory of Maltepe, Bakhchesehir, Zeytinburnu and Buyukchekmedje districts. The chairman of the Board of...

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  • Electricity supply to Northern Cyprus is being simplified

    The project of "Turkish" electricity for delivery to Northern Cyprus (to the Turkish Republic of Northern Cyprus, or TRNC) is at the stage of technical readiness, local media write. Let's clarify that we are talking about providing electricity to the island through underwater power supply: laying cables along the ocean floor. Experts explained to...

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  • Russians in June again lead in buying real estate in Turkey

    The June statistics of housing transactions show that the "four leaders" - the countries whose citizens purchase the most housing in Turkey - have not changed in recent months: These are Russia, Iran, Iraq and Ukraine.   Here are TOP-20 states-"buyers" of residential real estate over the past month:   RF - 733 residential...

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  • 500 plots are put up for sale at once

    TOKI will put up for auction 500 land plots in 28 provinces, including Istanbul, Ankara and Izmir, according to the portal Emlaksayfasi. These are industrial facilities, warehouses, medical institutions, and even a gas station. There are also sites designed for residential development.   The initial payment is 35%, the remaining amount can...

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