Real estate
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Mersin province with the "capital" of the same name has been developing especially actively over the past year; in particular, transport links with other provinces are improving. Among other things, the authorities have taken care of improving the supply of gas and water. Developers one by one come out with new projects; Mersin does not ignore TOKI...
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Construction costs in Turkey are expected to reach $1 trillion. This amount increased due to the damage caused by the earthquake with an epicenter in Kahramanmarash in early February 2023. So now, in addition to restoring the destroyed housing stock, we have to pay much more attention to the earthquake resistance of buildings. Experts Kain...
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The data on the new Istanbul project from among the most long-awaited have been officially announced. The Office of Mass Housing Construction (TOKI) with the support of the Ministry of Environment, Urbanization and Climate Change. According to the information on TOKI's official website, a new large complex for 622 residences will appear in...
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Pasifik GYO company announced that preliminary sales of three projects - residential complexes, all under the "brand" Next Level - implemented by it in Istanbul have been opened at once. The total cost of the three projects is more than 20 billion Turkish lira (TL). Fatih Erdogan, Chairman of the Board of Directors of Pacific GYO, shared...
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The builders of the Republic of Turkey in the first five months of 2023, according to their profile, performed work outside the country in the amount of $6.5 billion. According to the calculations of the Anadolu agency (based on data provided by the Ministry of Commerce), from 1972 to the end of May, 11,745 successfully implemented...
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A new project consisting of 574 residences Valentium Ispartakule will appear in the area of Ispartakule; the developer is Aşçıoğlu Inşaat. Also, 22 commercial facilities will be located on the territory of the megacomplex. The land area is 19,934 sq.m., and the built-up area is 43,742 sq.m. According to preliminary calculations, the...
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The details of Turkish Airlines own development project (THY), which will appear in Yenisehir: Yenişehir Evleri Arnavutköy, have finally been revealed. The project is being implemented in partnership with Emlak Konut; work is already underway. However, housing here is not easy to buy: it will be distributed among the applicants...
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Manufacturers of factory prefabricated houses in early summer announced two promotions with special prices at once. In June, a 2 + 1 house with an area of 55 sq.m on its own plot can be built for 179 900 TL, 2 + 1 - for 290 000 -325 000 TL. Well, we remind you that for such a prefabricated housing, you can get state support in...
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A selection of the most widely read news of the real estate market of the Republic of Turkey is in our weekly digest. The first week after the second round of elections has passed; Recep Tayyip Erdogan retained the post of president. And now the population is waiting for the fulfillment of election promises. In particular, an increase in...
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In Turkey, in addition to high housing prices (which continue to grow rapidly), the shortage of residential real estate supply is becoming more and more pronounced. The Turkish Institute of Statistics TÜIK reported that the number of residences, the construction of which began in the first quarter of the year, decreased by 9.2%. In the context of...
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