Real estate
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From September 15, new rules for the execution of transactions for the purchase and sale of apartments in Turkey come into force. Emlak Kulisi, a construction and real estate publication in Turkey, reports this with reference to the General Directorate of Land Management and Cadastre. Now the cadastral authorities of the Republic registering...
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The owners of the most expensive real estate in Turkey will face a new tax, which will be introduced in 2021. The amount of tax will depend on the cost of luxury housing set by the municipalities: the more expensive a villa or apartment in Turkey, the higher the tax. The following properties will be subject to the new tax: properties worth from...
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Turkey is optimistic about the United States and European countries, which manage to earn serious money on the sale of apartments and houses to foreigners. However, in Turkey itself, the share of foreign investors in housing is still 3.5 percent. These figures have been published by Emlak Kulisi, the construction and real estate newspaper in Turkey...
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Turkish media are going to announce the opening of the Ataturk Cultural Center, which is being completed in Istanbul. Due to the pandemic, the construction of a new cultural centre was suspended for several months, but work has now resumed, the opening is planned to coincide with the Republic Day (October 29), 2021. According to the Hürriyet...
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The Turkish authorities have launched the process of the country's transition to domestic production of construction and finishing materials. It was decided to take these measures in order to reduce the cost of real estate in Turkey and to support its producers. While Turkish building materials are exported to more than a hundred countries around...
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In Turkey, real estate sales continue to grow, while the TOP-7 most popular cities and provinces with buyers have not changed since last year and looks like this in 2020: Istanbul, Ankara, Izmir, Antalya, Bursa, Mersin, Konya. If last year the top ten cities and provinces were closed by Adana, Gaziantep and Tekirdag, this year Kocaeli, Gaziantep...
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The pandemic has changed the requirements of real estate buyers in Turkey: people began to give preference to houses with large balconies, with a garden, as close to nature as possible. How has the concept of a safe and comfortable home changed in the wake of the coronavirus pandemic? Five criteria for a healthy home were listed by Kayhan...
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Recently, Turkish developers have been moving to Europe at an increasingly dynamic pace. They buy or lease a large amount of land, build real estate for various purposes and take part in large-scale farming investment projects. If earlier the main directions for Turkish companies included the countries like Sudan, Pakistan, Argentina, Malaysia, the...
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Low-income families who do not have their own real estate in Turkey and live in rented housing receive from 715 to 1150 liras monthly. Turkey provides financial support to its residents on a regular basis, you can apply for this support on the website of the e-government of the Republic. The amount of monthly support for renting an apartment in...
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Of the 20 million Turkish apartment buildings, 7.5 million are seismically unsafe and in need of renovation. This statement, timed to coincide with World Housing Day, was made by Nimetullah Kaya, chairman of the board of directors of the construction and investment company Şua İnşaat (Istanbul). He stressed that the urban transformation of...
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