Real estate
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Turkish President Recep Tayyip Erdogan announced that 650 000 new housing units will be built for the victims of the February earthquake. Stating in his speech at the business dinner: "We have already begun the process of rapid "healing of wounds" after the great catastrophe. We will erect 600 thousand residences in houses - strong and safe...
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The new project Oyak Maslak will appear in Maslak (Istanbul). Developer Oyak Inşaat has announced the start of work on a new project that will be erected next to Ayazağa Oyak Sitesi; it will include 413 residential lots and 12 commercial facilities. Investments in the project amount to 1,382,306,829 Turkish liras (TL). Oyak Maslak will be...
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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. The rental market continues to be in a fever: the annual increase in tariffs is 140-180%. This applies, we recall, to newly concluded contracts: for prolonged long-term contracts (1 yearlong), tenants are still protected -...
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A huge increase in users of the Depreme Yenilme Mobil Uygulaması mobile application (an express test for checking buildings for resistance to tremors) was recorded in the largest Turkish metropolis. The Directorate of the Istanbul Municipality Urban Transformation Department (IBB) launched this application about eight months ago together...
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The construction of 4,602 residential units for earthquake victims has been completed on the territory of Izmir province; the apartments have already been transferred to the ownership of their owners, the Emlakkulisi edition clarifies. Recall that the earthquake with an epicenter in Kahramanmarash is not the only strong one in recent years...
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Developer ESTA Inşaat has announced the start of pre-sales in his new project Benesta Podio Bahçelievler. "Pioneers"-buyers will be given a discount on a limited number of apartments in the amount of 20% and the possibility of installments for 120 months. Benesta Podio Bahçelievler is located at the intersection of three major...
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According to the newly announced data, the housing price index in Turkey increased by 6.9% month-on-month and by 153.1% year-on-year. These are statistics on January reports; in December, the increase compared to the previous month was 5.3%, and for the year - 167.8%. During the analysis of changes in the Housing Price Index in...
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A tender was held for a project approved by the Office of Mass Housing Construction (TOKI) in Van province: Van Yenimahalle. It means that TOKI is responsible for the implementation, but a contractor company will be selected to carry out the work. The tender was conducted in electronic format. The future Van Yenimahalle project belongs to...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our next digest. Istanbul has been on the agenda every now and then over the past week, in a variety of aspects. First of all, for the reason that the largest Turkish metropolis is located in a zone of increased seismic danger....
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It turned out that the recent earthquake with an epicenter in Kahramanmarasa also affected the state's program of co-financing the purchase of housing within the framework of the "My New Home" campaign. The program that has just begun cancels actions for a number of districts and projects. Recall that the campaign was aimed at making low-...
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