Real estate
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The Beşiktaş district is a "record holder" in Istanbul in the amount of aidat — a monthly maintenance fee. This is an average of 5,635 TL per month. Şişli, Sarıyer, Zeitinburnu and Bahçelievler entered the TOP 5. When comparing the Turkish provinces, aidat in Mugla is the most expensive: the average amount of this payment increased by 97%, to...
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The AS Yapı developer has launched an application campaign for the purchase of apartments in the AS Concept residential complex. Accepting applications for those wishing to purchase housing with good conditions will last until March 11, 2024. Interested parties can make an initial payment of only 10% and receive a 5-year installment plan. AS...
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A 20% discount is available for a limited number of apartments for sale in the Iş GYO — Manzara Adalar project. However, there are few residences left for sale (perhaps this is the reason for the discount). Manzara Adalar, which means "View of the Princes' Islands" in Turkish, lives up to its name: it offers a panorama of the islands, the Marmara...
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The good news was announced by the Office of Mass Construction (TOKİ). Istanbul residents will be pleased with three more new projects by TOKI, with a total of 1,781 apartments. They will be built in Tuzla, Gaziosmanpaşa and Zeytinburnu. The TOKİ project in Tuzla will have 632 residences and 6 shops, the Gaziosmanpasha project will have 665...
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Elite residential complexes in Istanbul are rapidly increasing in number, particularly whole neighborhoods consisting of villas. One of those complexes is located in the Bahçeşehir district. It is designed in an Italian style and will consist of over 200 villas. The complex is called Sylvana Istanbul, also in Italian. Covering an area of 44,000 sq...
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According to a statement from the Ministry of Environment, Urbanization, and Climate Change, a total of 32,715 housing units will be constructed in Hatay. The tenders for these projects have already been completed. Hatay is one of the provinces that was severely affected by a devastating earthquake, with its epicenter in Kahramanmaras. According...
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Artaş İnşaat is developing a brand-new huge complex, Avrupa Konutları Güneşli, in Istanbul's Bağcılar district. The project will consist of 1,312 residential units and 32 stores, with an estimated cost of over 3.5 billion Turkish liras (3,555,729,286 TL). The developer has already submitted an application to the Ministry of Environment and...
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A brand-new project, Next Capital, will be constructed in Ankara, the capital of Turkey. The project, developed by Zeray İnşaat, will consist of 491 residences and 91 commercial premises. The declared value is 1,950,120,329 Turkish Liras (TL). The complex will be built on a land plot of 34,769 sq.m., with a total building area of 183,109 sq.m...
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The Ministry of Environment, Urbanization, and Climate Change, along with Turkey's government-backed housing agency (TOKİ), has announced the tender dates for three new projects in Istanbul province. These projects will consist of a total of 1,353 residences. There will be three projects in total, two of which will be located in the Gaziosmanpaşa...
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Analysts complain that the increase of the tax rate and the soaring currency will have a direct impact on the cost of work in the sector of building construction. According to the TÜİK, Turkish Statistical Institute (commonly known as TurkStat, the index of building costs of dwellings grew by 0.77% in May 2023 compared to the...
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