News
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A new interesting joint action was launched by the Ministry of Environment, Urbanization and Climate Change and the Office of Mass Housing Construction (TOKI). Now low-income families who agree to take out a loan in the amount of 500 thousand Turkish lira (TL), housing will eventually cost 199 thousand TL cheaper: this is the «bonus» for this...
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Istanbul Mayor Ekrem Imamoglu announced a possible increase in the property tax for those owners who do not live in their apartments or houses themselves, and do not rent them out. In Istanbul, there is a catastrophic shortage of quality housing for rent; at the same time, three quarters of a million apartments (about 750,000) stand empty,...
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Good news for foreigners already living in Antalya or planning to move there for a long stay: an information and consultation center has opened in the «resort capital» of Turkey. the purpose of which is to settle all issues arising from citizens of other states located in the territory of this province. That is, this organization...
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The authorities are trying to minimize the consequences of the recent strong tremors in Dyuzdzha, due to which a number of buildings were damaged. Interior Minister Suleiman Soylu and Minister of Environment, Urbanization and Climate Change Murat Kurum arrived in the earthquake area immediately after it; representatives of both departments...
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One of the key banks in Turkey has announced its own action. Moreover, even the Office of Mass Housing Construction TOKI cannot offer such favorable conditions. Due to this sale, citizens can become homeowners at very reasonable prices. Namely, with a starting fee of only 16 thousand Turkish lira (TL) and with the ability to pay off the...
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At the turn of the last two months of 2022, we publish a digest of the most interesting news of the real estate market of the Republic of Turkey over the past week. It is not worth waiting for a decrease in housing prices in the country; the increase in the cost of it even forces potential investors to look for alternatives...
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Foreigners also complain about the rapid rise in housing prices; and they have begun to postpone making a decision about buying more and more often, Turkish media write. In 2022, sales of residential real estate to citizens of other states increased in comparison with last year, but in many respects, it is necessary to thank Russians...
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A list of 12 territorial divisions has been announced, which are expected to become separate provinces soon. Namely, after the presidential elections of 2023, writes Emlak365. The popular resort of Alanya in this sense has long been on the agenda; and here are more districts that can gain independence. We also specify their...
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The «web» of high-speed rail routes in Turkey continues to expand rapidly, connecting key cities with each other. There are many routes, in particular, from the capital of the Republic of Ankara. The other day we reported on more than 99% readiness of the infrastructure for the launch of the Ankara-Sivas line, which will reduce the travel time six...
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The rapid increase in the cost of housing forces those wishing to invest savings in real estate to turn to alternative options. Namely – to non-residential real estate: commercial, etc. In October 2022, 153,587 such objects were sold in Turkey – one and a half times more than housing units (102,606). Which is not surprising:...
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