Real estate
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Turkish developers have implemented projects worth $4.3 billion outside the country, although the domestic market faces some difficulties. In particular, the requirements for developers will be reviewed. The largest housing stock for sale is located in the Marmara region, but there is a shortage in Northern Cyprus, which is experiencing a surge in...
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Alinur Aktaş, Mayor of Bursa, says: "We are building 16,000 units of new social housing in our city, with affordable prices and convenient payment terms." Therefore, similar to other progressive cities in Turkey, Bursa adheres to sustainable development trends and enforces urban transformation measures. 100,000 residential units will undergo urban...
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Development market players have sounded the alarm: a number of standards have not been updated for a long time and are very outdated. This does not correspond to the country's approach to urban transformation, sustainable development and safe construction. In particular, if certain conditions are met, a contractor for the construction of small...
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According to the relevant media, contractors from Turkey completed work abroad totaling $4.3 billion in the first quarter of 2024 alone. Moreover, according to official statistics from the Ministry of Commerce, the total value of projects implemented by Turkish firms abroad has risen to $31.1 billion per year. For example, despite the fact that...
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Victims of the earthquake with an epicentre in Kahramanmaraş on February 6, 2023 receive housing. Residents of Gaziantep, one of the provinces closest to Kahramanmarash, one of the most affected, will move to new village houses. Some buildings in rural areas of the Nurdağı district were put into operation and transferred to the homeless. Yakup...
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Spring is approaching its midpoint, and we are talking about the current trends in the real estate sector for the first quarter of the year. Winter market stagnation and recent elections have slowed down sales. The implementation time has also increased averaging 68 days nationwide and 74 days in Istanbul. The volume of mortgage transactions...
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The Dekar Yapı developer is building the branded Dekar Şehirbahce complex in Istanbul, in the Basakşehir district. There will be apartments with separate entrances. However, the feeling of an "independent home" is enhanced by a small garden for each residential lot. The layouts are 2+1 and 4+1, with 2 and 4 bedrooms. There will be 181 properties...
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The project of the residential complex from Turkish Airlines (THY) continues to attract attention. This is a social project in the Arnavutköy district of Istanbul being built by two companies — THY and Emlak Konut. The name of the new complex is Yenişehir Evleri Arnavutköy, and we wrote here about quotas for population groups who will be able to...
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The new villa complex in Istanbul — Azure Villas Reşadiye — will be commissioned in three months, in June 2024. This complex is unusual in that it consists of triplex villas (three-storey buildings) — there will be 20. Currently, the commissioning stage of the project is 70%. Azure Villas Reşadiye is located approximately in the middle between...
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Black Sea residential real estate is becoming increasingly popular, especially with customers from the Middle East. Sales in Samsun alone grew by 2% in the first two months of 2024. With increasing demand, prices are also rising: the average cost of a typical residence area of 110 square metres is TL 2.8 million. Returning to Samsung as the most...
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