Real estate
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A list of current prices for renting apartments in Istanbul by district has been published. Emlak Kulisi, the real estate publication in Turkey, has reported that rental prices in new buildings in Istanbul are increasing almost daily today. A large number of apartments bought during the mortgage boom are rented out at a higher price as the rent...
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Land sales in Turkey have grown thirty-fold during the coronavirus pandemic. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. Those who, before the covid outbreak, were planning to invest in apartments, reoriented to buying land, which can be used for construction (it is profitable to resell it to...
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Turkish authorities are working on the new Real Estate Law that will regulate the most common problems real estate agencies and consultants experience in Turkey. Hakan Akçam, President of the Etimesgut Real Estate Consultants Association (Ankara): “Our initiatives have led to the launching of research in Ankara on the main problems real estate...
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The Anadolu news agency published data on the growth of profits, turnover and capital of companies selling real estate in Turkey. According to the report, agency sales for ten years (from 2010 to 2019) increased from 4.5 billion TL to 32.9 billion TL. The internal gross sales of companies increased during this time from 4.1 billion TL to 31.1...
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The gross sales of Turkish real estate companies from 2010 to 2019 increased almost fivefold: to 473.6 billion TL. This information was published by the real estate newspaper Emlak Kulisi with reference to the Anadolu news agency. According to Anadolu, the total gross sales of companies in 2010 amounted to 96.3 billion TL, in 2015 - 215 billion TL,...
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Turkish newspapers predict the beginning of a new era in the secondary real estate sales in Turkey, which will come with the introduction of the latest system for evaluating secondary housing. The new system will take into account many factors in the pricing of a property, including the age and condition of the building, urban zoning, seismic...
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In the first 8 months of 2020, 1.25 million apartments and houses were sold in Turkey. Market experts predict that by the end of the year, another 0.5 million housing objects may be purchased. In this case, Turkey will set a new record in real estate sales - the annual sales result will exceed 1.5 million properties. The dynamics of sales of...
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Official data has been published on the monthly and annual growth in apartment prices in Turkey: in August, Turkish housing prices rose by an average of 2 percent, on an annualized basis - by 22 percent. The dynamics of price growth in the context of the coronavirus clearly demonstrates that it is profitable and promising to invest in real estate...
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Emlak Kulisi, the Turkish real estate newspaper, reports that in August the sales of houses and apartments in Turkey to foreigners increased by 8 percent compared to last year's August and amounted to 3,893 objects. Istanbul has traditionally become the leader in sales (1,648 objects), Antalya became the second (784 objects), the third is Ankara...
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The Minister of Environment and Urban Development of Turkey, Murat Kurum, said that since 2012, 1,410,000 housing objects have undergone planned urban transformation in Turkey. However, according to the minister, about 6.7 million objects are in need of an urgent transformation. Why transform residential buildings? We have already said that 40...
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