News
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Another good news awaits the residents of Istanbul, as well as numerous tourists: bank cards will soon be accepted for payment in public transport. Recall that earlier Istanbulkart and in some places - travel tickets were «in use». Now, as it became known, the municipality has signed an agreement with the Mastercard payment...
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The rent for housing in Turkey has increased on average by more than 100% over the year. However, there are a number of areas where tariffs are growing much faster, and this process will remain more intensive in them than in others. According to the general director of the real estate appraisal company EVA Gayrimenkul Değerleme,...
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In one of the landmark projects from Akyapı, a company with 25 years of experience in the real estate market, sales have finally officially started. We are talking about the Big Country villa complex, located in Buyukcekmej (Istanbul). In this «city of villas», 126 residences are offered to buyers, all are detached mansions. The...
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The transport infrastructure of the largest Turkish metropolis continues to develop on all «fronts». Last weekend - October 28, 2022 - two new ferry routes were opened at once: one - Ashiyan-AnadoluHisary-Kyuchuksu, and the second - Ashiyan-Uskyudar. The «lines» of funiculars have also been added; the new line also starts from Ashian....
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The results of the new REIDIN-GYODER «New Housing Price Index» for September 2022 have been published. According to the report, in September 2022, housing prices increased by 3.39% compared to the previous month and by 94.75% compared to the same period last year. Let's clarify that the Index evaluates the indicators of mainly residential real...
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Over the past two years, construction costs have increased approximately threefold, according to the department analyzing the value of EVA real estate (EVA Gayrimenkul Değerleme). And for certain categories of materials – even more: iron has risen in price 4.5 times since 2020, and 2 times since 2021. Moreover, prices vary by city, they...
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Prices for prefabricated (factory) houses remain one of the most popular topics for discussion in recent months. Although this segment is also becoming more expensive, manufacturing companies periodically provide discounts as part of their campaigns aimed at attracting customers. So, one of the firms is just now offering a 15% discount on...
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A selection of the most relevant events of the real estate market of the Republic of Turkey can be found in our traditional digest of the past seven days. A lot of news last week directly related to housing transactions with foreigners, especially with our compatriots. Thus, the volume of home purchases by Russians increased by 199%:...
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The long-awaited news for those who are looking at buying a home in Turkey: a map of open and closed areas has finally been created (those where it is possible or impossible to obtain a residence permit by right of ownership of real estate (TAPU)). Recall that since 2022, a number of districts have been closed for obtaining a...
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Head of the Board of Directors of the Association for the Promotion of Real Estate Abroad (GIGDER) Omer Faruk Akbal shared significant indicators for Turkey: as for transactions with foreign investors, this year every fifth was concluded by Russians. The average amount of investment for the purchase of housing for interested parties...
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