Real estate
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Preferential campaigns were announced one after another in the last days of 2022. The so-called "factory house" (ready in the sense of configuration, factory assembly) with an area of 70 square meters and a 2+1 format, that is, with two bedrooms, could be purchased for only a quarter of a million Turkish lira (TL), even taking into account the...
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The Ist Port Residence project in the capital of Turkey (Ankara) has officially started. 741 residences and 123 commercial facilities will be built here at once, most of them are shops. The cost of Ist Port Residence is estimated at 191,989,440 Turkish liras (TL); an environmental impact assessment of the project is already underway...
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Folkart, one of the well-known development companies in Turkey, has officially announced the launch of its new project in the center of Izmir. The name for it was chosen Folkart Nova, and it will be erected next to another complex - Folkart Vega. The investment value of Folkart Nova - the "neighbor" of Folkart Vega - is about 2 billion...
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The Department of Mass Housing Construction TOKI has denied rumors that preferential residences are allegedly provided to citizens of other states, while they were supposed to solve the problem with housing for low-income categories of Turkish citizens. The rumors were provoked by a publication in the local media on the topic "Houses for...
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A new phase of the project for almost a thousand residences (or rather, 925) will appear on the site directly adjacent to the Istanbul Canal being laid. That is, in an area where land is now getting more expensive especially quickly. And at the end of November, the contractor of the fifth stage of the project near the Istanbul Canal...
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According to officially announced data, Turkish construction firms carried out projects worth about $10 billion ($9.836 billion) in the incomplete year 2022 – from January to November; so, since the last calculations, the amount has already increased, from $8.69 billion. Also, the Anadolu agency clarifies with reference to statistics from the...
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The first lucky ones became known – the future recipients of 50,000 residences on preferential terms. Recall that the draw for social housing is carried out within the framework of the TOKI project «My first home, my first place of work». The draw started on November 7, 2022; and at the moment it has become clear who will become the owners...
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The earlier proposal to transform unclaimed offices into apartments, aimed at mitigating the housing crisis, did not receive adequate support, Turkish media write. Recall that in the summer of 2022, the topic of the fact that empty office spaces can be turned into housing was actively discussed. At least for rent – for students,...
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In Turkey, some indicators of growth or, conversely, decline in various segments of the country's economy have been announced. The construction sector recorded the maximum reduction in indicators this year in the 3rd quarter. According to the published report, the Turkish economy grew by 3.9% in July, August and September (just the...
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It became known who will implement the second stage of a large-scale complex from TOKI with a view of the Istanbul Canal - another future «transport artery» of the metropolis. We are talking about 716 residences; the announced amount is 763 million Turkish lira (TL). The tender was won by the construction company Yılkanur Inşaat. We...
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