News
-
Turkish Minister of Environment and Urban Development Murat Kurum visited Bursa last week and initiated a major urban renovation of the fourth largest city in Turkey. Large-scale transformations, fully funded by the ministry, await the largest district of Bursa - Yildirim. The renovation will affect 250 thousand apartments (1200 residential...
Read more -
According to the data published in the quarterly real estate market report in Turkey, 624 thousand apartments and houses were sold in the country for the six months of 2020. What preceded this? The last quarter of 2019 (as well as the first two months in 2020) turned out to be quite busy for the Turkish economy and its commercial structures....
Read more -
Emlak Kulisi, the Turkish real estate newspaper has published the data on the licenses for the construction of apartment buildings in Turkey issued in the first half of 2020. According to the published report, the number of licenses issued almost halved in the first six months of this year: 45.5 percent compared to the same period in 2019. The area...
Read more -
Despite the fact that sales of Turkish real estate increased in the first half of 2020 by 23.5 percent compared to the same period in 2019, the share of foreign buyers was only 0.9 percent of the total number of transactions. The reasons for such a sharp decline in overseas investments are the coronavirus pandemic, restrictions on international...
Read more -
Emlak Kulisi has published an analytical report on the state of the Turkish real estate market in the first half of 2020. According to official data released by the construction and real estate newspaper, the growth rate of home sales in the first six months of 2020 reached 23.5 percent. The growth rate of sales of mortgage apartments and houses...
Read more -
People's requirements to housing have considerably changed since the pandemic is no longer a bookish medical term but part of our reality. Now, working on new residential real estate projects in Turkey, architects and designers are trying to make housing as functional as possible: taking into account the latest needs and requirements dictated by...
Read more -
The Ministry of Environment and Urban Development of Turkey has announced a tender for the creation of another public garden in Ankara. The new public space will occupy an area of 52 thousand square meters and will be one of the already opened public gardens - landscaped park areas in different parts of Turkey. Turkey is actively turning into a...
Read more -
The engineering and construction company KDM, which provides construction, management and rental services for more than fifty shopping centres, has published a map of shopping centres in Turkey. According to the results of the company's research, in 2006-2015, 278 shopping centres were opened in the country, in 2016-2020 - 80 shopping centres. Now...
Read more -
New rules for licensing real estate agencies in Turkey come into force: from September 1 realtors must use new permits. Those who continue to work without new certificates giving the right to sell and rent housing will be fined. The fines for agencies may be up to 25 thousand liras, and independent realtors working without a license will be...
Read more -
When planning to buy an apartment in Istanbul, you should focus not only on the price of housing, but also on the aidat - the monthly costs of maintaining the complex and its facilities. In some housing estates in Istanbul, aidat has dropped by 10 percent during the pandemic, but in most of the districts it remains at a record high. Despite the...
Read more