Real estate
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In the middle of next month, namely, on September 13, 2022, Turkish President Recep Tayyip Erdogan plans to announce details regarding the provision of «social» apartments for people with low incomes, in particular, the most vulnerable groups of the population: pensioners, disabled people, etc. Also, citizens receiving the minimum wage...
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Disputes over the size of the aidat - a monthly payment levied from all owners for the maintenance of a house or residential complex (cite) – do not stop. Since the aidat is often growing at almost the same pace as the rent. In some places across the country, it has increased by 200% over the year. Moreover, according to the owners of...
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We present the most significant news of the real estate and construction segment in Turkey over the past week. At least two legal-related news deserve attention. Firstly, real estate agencies began to actively check for violations. Secondly, the authorities allowed the conversion of unclaimed offices into housing, in order to expand the...
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A number of offices are to be transformed into residential premises, according to Turkish media. This decision was made as part of a program to reduce the growth rate of real estate prices, for which it is necessary to replenish the «free housing stock» available to the local population. At the same time, many offices are now idle...
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Development and construction companies in Turkey have implemented projects worth about $6 billion abroad in just seven months of 2022, the Emlakkulisi portal reports. Other interesting figures: from 1972 to the end of July 2022, 11,293 projects worth $459.6 billion were successfully commissioned. Despite the political instability and the...
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The segment of «factory-built houses» - ready-made standard buildings that can be erected on their own land in a minimum period of time - is actively developing. Prices for already more or less run-in models from familiar manufacturers are updated from time to time. This happens about once a season - in spring, summer, etc. The offer...
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Provincial governors have started collecting applications for social housing under TOKI-2022 programs. Recall that inexpensive apartments will be provided to citizens with average and below average incomes in 81 provinces at once. This action, which will become the largest social housing project in the history of the Republic of Turkey, is in full...
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Another interesting housing project will appear on the territory of Antalya province, in the popular Konyaalti district. After the beginning of the conflict between Russia and Ukraine, the Antalya region was filled with foreigners. By the way, it is in Antalya that Russians and Iranians (from among foreign investors) buy the most housing...
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As usual, in Friday's digest we talk about what has especially attracted attention in the news feeds of the relevant Turkish media over the past seven days. The most important topic for discussion was the rental of housing and the nuances and difficulties associated with it: it overshadowed, perhaps, all the others. No...
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The TOKI Mass Housing Authority continues to invest in residential real estate across the country as part of a program that aims to build 1.2 million housing units by 2023. Finally, this program got to Alanya, a popular resort in Antalya province. Residential buildings will be erected in the Alani district of Mahmutlar, in which 250...
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