News
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TOKI announced the details of the next campaign for the sale of budget housing: it will be possible to purchase 2+1 residences in 12 provinces at once with a starting fee of only 2,246 Turkish lira (TL). The rest of the debt is paid in a convenient installment format for 120 months, 180 months or 240 months. The monthly payment is calculated taking...
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Minister of Environment, Urbanization and Climate Change Murat Kurum clarified misunderstandings regarding the allegedly suspended work on the Istanbul Canal project. In particular, recently there were rumors that the megaproject for the construction of an artificial canal, which will become an alternative to the Bosphorus, was stalled without...
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A selection of the most relevant events of the real estate market of the Republic of Turkey for the week is in the traditional digest of news from Turk Estate. Just a few days ago, analysts will begin to summarize the results of the summer; the last days of it are marked by a large number of informational occasions concerning the social...
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A four-star hotel will be put up for sale at a sought-after resort on the Aegean coast, namely in Marmaris (Mugla province). The accommodation facility will go under the hammer for debts. We are talking about the Maya World Marmaris 4* hotel (IQ Marmaris Hotel), which is located 100 meters from the sea, the promenade and...
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The next affordable social housing project was announced by the TOKI Department of Mass Housing Construction in Izmir (recall that standard prices in the province are quite high: the average cost of Izmir housing is from half a million Turkish lira and above). The complex will appear in Bayyndyr district, Yenige quarter. The tender for the...
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The other day, another pleasant news was announced in the media for fans of Turkey and owners of real estate in this country. Not even one, but two. Firstly, the number of Turkish Airlines flights to Turkey will double very soon: 15 more flights will be added. So far, mainly from Moscow, but in the future the carrier expects to increase the number...
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Analysts announced the data of the Construction Cost Index for June 2022 (data are received more than a month late, due to the complexity of data collection and accounting). The Emlaksayfasi portal reported that in June 2022, the construction cost index increased by 3.47% compared to the previous month and by 106.87% compared to the same...
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In a few weeks, the price of Karaja Island has risen by 84 million Turkish lira (TL). Recall that the giant island is located in the famous Gekova Bay, one of the most popular tourist locations. It is considered one of the most beautiful corners on the planet, and deservedly so. And this «piece of paradise» with a total area of 316,000...
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The Office of Mass Housing Construction TOKI announced the conditions under which applications for social housing are accepted throughout the country in 2022. We are talking about the distribution of 150,000 residences in different provinces. Recep Tayyip Erdogan will make a final statement on the application date, housing...
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Right up to the moment of the beginning of the new academic year – that is, now – it became not just difficult, but almost impossible for students to find a roof over their heads for rent. Dormitories and so-called «student houses» are overcrowded. So, with the announcement of the results of the entrance exams in Turkey, the housing issue...
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