Real estate
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Prices for prefabricated (factory) houses remain one of the most popular topics for discussion in recent months. Although this segment is also becoming more expensive, manufacturing companies periodically provide discounts as part of their campaigns aimed at attracting customers. So, one of the firms is just now offering a 15% discount on...
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Market experts are wondering whether the TOKI social housing project, which should cover a quarter of a million families, will help reduce the prices for rented housing? Theoretically yes: due to the actions of the Housing Construction Administration (TOKI), the poor have the opportunity to purchase budget apartments or a plot for the...
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The sales department announced the acceptance of preliminary applications for lots in the elite Soytaş Foça project. The project is being implemented in Izmir, geographically between the Old Foça and the New Foça. In Soytaş Foça there are villa houses with large gardens in low-rise blocks. The developer is Soytaş Holding. Villas with their...
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The September report on residential real estate sales in Turkey showed that the volume of transactions on average increased by 11.4% in the first nine months of 2022, compared to the same period of 2021: from 949,138 to 1,057,193 real estate units. However, the figures differ for different categories of transactions, such as: -...
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The updated tariff for the minimum fee for real estate services for 2023 came into force; the official decree was published in early October 2022. Thus, following the rise in rental prices, there was an increase in the intermediary tariff. And at once by 100%. This is caused not only by inflation: due to the increase in the...
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The authorities will sponsor the construction of prefabricated houses. This was reported by experts who analyzed the current prices for prefabricated standard houses, coupled with the possibilities of subsidies from the state. Such an opportunity in the current difficult economic conditions is very important for low-income families...
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The Housing Construction Authority (TOKI) has auctioned several dozen Istanbul residences at once. But this time, not as part of a nationwide program to provide social housing for the poor, but as elite housing,as it is located in very prestigious locations. Thus, 12 residences of the 3+1 and 4+2 format belong to the Koru...
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Özyurtlar Holding, a long-established and well-established brand in the construction and real estate sector of Turkey, announced the launch of two of its new projects at once: «No 27 Residence» in Beylikduzu and «Stüdyo House» in Yspartakul; both districts geographically belong to the province of Istanbul. The infrastructure will...
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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. We will be the first to mention two information guides concerning ratings and statistics: analysts have estimated that almost 25 million units of real estate were sold in Turkey in the first three quarters of 2022...
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The Ministry of Commerce has published statistics on the number of projects implemented by Turkish developers outside the country in 2022. Despite the fact that the fourth quarter has just begun, there is already information about 215 projects implemented at the moment. Their total cost is $8.69 billion. By the way, in 2021,...
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