News
-
«Milli Emlak (one of the state structures) in Amasya province announced the sale of land plots at very reasonable prices and on reasonable terms». It is reported that these state-owned lands have various purposes: from gardens, fields and rural settlements to allotments for residential development. The auction will be held on the...
Read more -
Pre-sales have started in the new Litus Istanbul project, implemented within the framework of the partnership between Iş REIT and Tecim. The complex of 98 residences in seven blocks is located on the Asian side of Istanbul, in Altunizad. It stands out for its unique location, modern architecture and highly eco-friendly environment for such...
Read more -
New details of «My First Home» project announced by the President of the Republic of Turkey Recep Tayyip Erdogan on September 13, 2022 have become known. The project is implemented by the Ministry of Environment, Urbanization and Climate Change and the Office of Mass Housing Construction (TOKI). Of the more than five million applications...
Read more -
As usual, we remind you about some of the most relevant news of the Turkish real estate market published last week. A national project is in full swing to provide the population who cannot buy apartments or houses at full cost with so-called «social» housing. More than 5 million applications have already been submitted, of which more than...
Read more -
The IMSAD Association presented the October results of the industry report on Turkey for October 2022. This report is closely followed by the players of the construction sector, together with representatives of other important spheres for the state. Due to the weakening of the global economy as a whole and some recession in the development...
Read more -
Real estate in Umraniye has become more expensive due to the development of transport infrastructure
The Marmaray project, which contributed to the increase in rental rates in a number of Istanbul districts, as it turned out, is also responsible for the rise in prices for residential real estate offered for sale in the metropolis. In particular, in the Umraniye district, the cost of residences due to the opening of Marmaray and associated...
Read more -
Lawyers warned the owners: since the authorities are now especially careful that homeowners do not behave unfairly towards tenants, excessive thirst for profit can be fraught not only with fines, but also with imprisonment. And it is up to a year. These measures, on the one hand, are very beneficial to tenants, among whom there are...
Read more -
A campaign has been launched to provide one hundred thousand residences to middle-income families who cannot afford to buy housing at current prices. Emlakkulisi writes about this with reference to the Minister of Environment, Urbanization and Climate Change Murat Kurum. 100,000 preferential apartments for the «middle class» will be built in 81...
Read more -
More than five million applications have already been received for participation in the project «My First House», implemented by the Department of Mass Housing Construction (TOKI). More than a million of them are from Istanbul. The draw to determine the beneficiaries of the projects will begin in the near future and will be completed by March 2023...
Read more -
A «new era» has begun in the land registry, due to the electronic Identity verification System (EKDS). This method of identification will allow participants in housing transactions to further protect themselves, since it will become much more difficult to forge documents for ownership of property. Now citizens who come to the land...
Read more