News
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The media announced the number of hotels in Turkey in this new tourist season. As of the end of January 2024, the number of hotels certified by the Ministry of Culture and Tourism of the country has exceeded 21,000, and the number of places will soon exceed 1.8 million. This is 1,790,976 residential lots, excluding rooms in guest houses and villas...
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Some properties in Alanya (Antalya) will be powered by natural gas through a gas pipeline. It is expected that the new mayor in Alanya who has been elected recently will help speed up the projects in the city. The project has until recently been overseen by former mayor Adem Murat Yücel, who announced that an important stage of laying a gas...
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Spring is approaching its midpoint, and we are talking about the current trends in the real estate sector for the first quarter of the year. Winter market stagnation and recent elections have slowed down sales. The implementation time has also increased averaging 68 days nationwide and 74 days in Istanbul. The volume of mortgage transactions...
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The Dekar Yapı developer is building the branded Dekar Şehirbahce complex in Istanbul, in the Basakşehir district. There will be apartments with separate entrances. However, the feeling of an "independent home" is enhanced by a small garden for each residential lot. The layouts are 2+1 and 4+1, with 2 and 4 bedrooms. There will be 181 properties...
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According to users, TripAdvisor has updated the list of the best 5* hotels in Turkey. Based on the 2024 evaluation, they were deemed: 1st place — Lara Barut Collection 2nd place — Conrad Istanbul Bosphorus 3rd place — Concorde De Luxe Resort 4th place — Hilton Istanbul Bomonti Hotel & Conference Center 5th place — Rixos Premium Belek — The...
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There is the light at the end of the tunnel: foreigners were promised to make the procedures of obtaining a residence permit much easier. However, there is no question of opening areas that are closed for obtaining a residence permit under TAPU and lease agreements. Nevertheless, the authorities intended to return tourists who left the country...
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Orjin Gayrimenkul Grubu has become the full owner of İstinyePark Istanbul AVM. The company owned 58% of the shares of this well-known shopping centre in Istanbul. It bought the remaining 42% from Doğuş Turizm Sağlık Yatırımları Şirketi. Thus, Orjin Gayrimenkul Grubu is the owner of a full stake in the İstinyePark Istanbul AVM shopping mall and...
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The project of the residential complex from Turkish Airlines (THY) continues to attract attention. This is a social project in the Arnavutköy district of Istanbul being built by two companies — THY and Emlak Konut. The name of the new complex is Yenişehir Evleri Arnavutköy, and we wrote here about quotas for population groups who will be able to...
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The Central Bank of the Republic of Turkey confirmed, referring to the monthly Housing Price Index, that the value of residential real estate in dollar terms has been declining for the fourth month. Housing in Istanbul rose in price by 1.2% in Turkish lira in January 2024, in Ankara — by 2.4%, and in Izmir — by 2.8% compared to December 2023. As...
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Despite declining credit sales in 76 provinces, mortgage housing is in the highest demand in the remaining five. Moreover, the most unexpected growth for analysts was recorded in Adana, Gaziantep and Diyarbakır. For example, Adana accounted for 99 to 212 apartments per month (in February 2024), which was +114.1%. The total volume of housing sales...
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