Real estate
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Gross sales of companies operating in the Turkish construction sector have been increasing regularly over the period 2016-2021. As a result, it reached a volume of 620.8 billion Turkish lira (TL) according to the data for the last 12 months recorded in the report. This information is contained in the results of the study «Industry...
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On November 1, 2022, TOKI Department of Mass Housing Construction, with the support of the Ministry of Environment, Urbanization and Climate Change, will hold a tender to select a contractor for the new Bursa Gemlik project in Bursa, the fourth largest metropolis in Turkey. The complex will appear in the Cihatlı quarter. The project...
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Ant Yapı company announced the start of sales in a landmark project from its portfolio - Antteras Nev, located in the prestigious Beylerbeyi district. Which, in turn, boasts almost the best views of Istanbul, as well as Bosphorus Strait. Antteras Nev has 54 residences of various formats, including 12 duplexes with their own garden...
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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. Land plots are being sold in 40 Turkish provinces at once: 499 lots. Land plots generally remain «on the agenda» for several months: land plots are one of the most stable investments, especially with a purpose for residential...
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The Turkish Institute of Statistics TÜIK announced another record recorded by the end of summer: the construction cost index increased by 6.46% compared to the previous month and by 114.74% compared to the same month of the previous year. According to the rating published before (by the end of July 2022, compared to July 2021), the construction...
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The rural project launched under the slogan «Life here is completely different». Başka Köy Milas will surely attract investors interested in nature and especially agriculture. An «alternative village» will appear in Milas, near Bodrum (Mugla province); by the way, the airport of the same name is located nearby, where planes carrying tourists to the...
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The Office of Mass Housing Construction TOKI has officially announced the imminent launch of a new giant project, a complex overlooking the Istanbul Canal. It will be TOKI Arnavutköy, in the Arnavutkoi district (Cormorant quarter). It will be separated from the Istanbul Canal proper by only a little over two hundred meters...
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A personnel crisis is planned in the construction sector of Turkey. There are a lot of employees, but the most experienced masters with good knowledge and an impressive track record are hired one by one in foreign companies. In other words, they run to work abroad in order to receive a salary in foreign currency. The main reason is that salaries...
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Due to the Alya Merkezefendi project in Zeytinburnu (Istanbul) 456 new modern residences will appear at once. The developer is BOSS4 Gayrimenkul, which, in addition to half a thousand residential premises, has included 15 shops in the complex's accompanying infrastructure, for the convenience of residents. There will also be a fitness club, a...
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The segment of construction and rental of retail and office space is experiencing a period of revival. The Turkish branch of the international analytical company JLL, JLL Turkey, has published a report on the topic «Prospects of the commercial real estate market». So, by the end of the first half of 2022, there were 14 million square meters...
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