Real estate
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A new residential complex for 3,000 apartments from a turkish developer to appear in northern Cyprus
Fenercioğlu Gayrimenkul Company (Fenercioğlu A.Ş) has started the construction of a huge project for 3,000 apartments in Northern Cyprus (TRNC). This large residential complex will be called Costal Heaven. It will be located in Gaziveren, a new area of Cyprus for residential development. In addition, it will be especially attractive for tourists...
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The Turk.Estate portal invites you to familiarize yourself with the weekly digest of the latest real estate news on the Turkish market. The authorities continue to make considerable efforts to normalize the rental market. Two million apartments will be checked to ensure that they are properly rented to tenants and all the rules are followed....
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Elite residential complexes in Istanbul are rapidly increasing in number, particularly whole neighborhoods consisting of villas. One of those complexes is located in the Bahçeşehir district. It is designed in an Italian style and will consist of over 200 villas. The complex is called Sylvana Istanbul, also in Italian. Covering an area of 44,000 sq...
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According to a statement from the Ministry of Environment, Urbanization, and Climate Change, a total of 32,715 housing units will be constructed in Hatay. The tenders for these projects have already been completed. Hatay is one of the provinces that was severely affected by a devastating earthquake, with its epicenter in Kahramanmaras. According...
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Artaş İnşaat is developing a brand-new huge complex, Avrupa Konutları Güneşli, in Istanbul's Bağcılar district. The project will consist of 1,312 residential units and 32 stores, with an estimated cost of over 3.5 billion Turkish liras (3,555,729,286 TL). The developer has already submitted an application to the Ministry of Environment and...
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A brand-new project, Next Capital, will be constructed in Ankara, the capital of Turkey. The project, developed by Zeray İnşaat, will consist of 491 residences and 91 commercial premises. The declared value is 1,950,120,329 Turkish Liras (TL). The complex will be built on a land plot of 34,769 sq.m., with a total building area of 183,109 sq.m...
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The Ministry of Environment, Urbanization, and Climate Change, along with Turkey's government-backed housing agency (TOKİ), has announced the tender dates for three new projects in Istanbul province. These projects will consist of a total of 1,353 residences. There will be three projects in total, two of which will be located in the Gaziosmanpaşa...
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Analysts complain that the increase of the tax rate and the soaring currency will have a direct impact on the cost of work in the sector of building construction. According to the TÜİK, Turkish Statistical Institute (commonly known as TurkStat, the index of building costs of dwellings grew by 0.77% in May 2023 compared to the...
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Majid Al-Hogail, Saudi Arabia's Minister of Agriculture and Housing, has invited Turkish contractors to cooperate on projects worth $150 billion in his country, according to Emlakkulisi. More specifically, the corresponding agreement was made during a meeting and joint negotiations between representatives of the Turkish Contractors...
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Caja Maxx Royal - the first residential project of ETS Grup - went on sale. So very soon an elite residential complex with 27 villas will appear in Bodrum. A plot was chosen for implementation in one of the most beautiful bays on the Bodrum coast, surrounded by olive groves and pine forests, 2 km from the village of Turkbukyu, 22 km from...
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