News
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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. We will be the first to mention two information guides concerning ratings and statistics: analysts have estimated that almost 25 million units of real estate were sold in Turkey in the first three quarters of 2022...
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The Office of Mass Housing Construction (TOKI), with the assistance of the Ministry of Environment, Urbanization and Climate Change, this week offered 365 land plots in 26 provinces at auction. Including such popular land purchases as Istanbul, Ankara and Izmir. The purpose of the plots is different: for housing, commercial premises,...
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The cost of residential real estate in Istanbul has increased by 241% percent over the past year alone, and rental rates – by 145%. Recall that prices for residential real estate, which are already constantly increasing, have been showing a truly explosive growth in Turkey over the past 2-3 years due to the rise in the cost of...
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A few days ago, a solemn opening ceremony of a new infrastructure project initiated by the mayor of the resort city of Alanya – Adem Murat Yudzhel took place. Dedicated to the World Animal Protection Day, a «Dog Garden» was opened in Alanya: a kind of natural habitat for street dogs. By the way, a «Cat Park» has been successfully...
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278 new residences will appear within the framework of Tan Urla near Izmir. The large-scale complex is located on 200 hectares of land. The format of the residences planned is from 1+1 to 5+1. The minimum size of apartments is 53 square meters (1 +1); the square footage of the 2 +1 format ranges from 110 to 150 square meters, 3 +1 – from 200...
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The Ministry of Commerce has published statistics on the number of projects implemented by Turkish developers outside the country in 2022. Despite the fact that the fourth quarter has just begun, there is already information about 215 projects implemented at the moment. Their total cost is $8.69 billion. By the way, in 2021,...
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Transactions for 2,430,623 units (residential, commercial, etc.) took place in Turkey from January to September 2022, on the territory of 81 provinces. For nine months, they turned out to be 1,027,784 units of residential and commercial premises; 423,591 land plots; 687,241 lots; 110,080 jobs, etc. As a result, the owners acquired property...
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The Republic of Turkey adheres to plans to open its own airports in every major city. And now the expected opening dates of three new air hubs have been announced, which will begin serving passengers in 2022-2023. They will be the airports of Chukurov, Bayburt-Gumushkhane and Yozgat. Chukurov Airport, the base for which has...
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New details have become known about the project - a «hybrid» of urban and rural life, which will be built on the Aegean coast, Bodrum. Recall that there will be residences of the 2 +1, 3 + 1 and 4 +1 format, including 117 villas: both «summer» and year–round living (it even has fireplaces). The area is from 110 to 260 square meters...
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The long-awaited metro station at the New Airport (which replaced Ataturk Airport) will open in the next one and a half to two months. Namely, until the end of November 2022. This was told by the Minister of Transport and Infrastructure Adil Kara Ismail oglu. Recall that the New Airport has already become a record holder in a number of...
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