If the Contractors can not Complete the Project…

If the Contractors can not Complete the Project…

Minister of Environment and Urbanization Mr. Murat Kurum made important statements on TV live The Minister of Environment and Urbanization, Mr. Murat Kurum said that the “insurance for completion” or “collateral” requirement will be introduced by the arrangement made for the contracting sector. Where the contractors cannot complete the construction, the bank or the insurance […]

Minister Albayrak Tweeted About the Sales of Housing in Turkey

Minister Albayrak Tweeted About the Sales of Housing in Turkey

Treasury and Finance Minister Berat Albayrak, in his message he shared on Twitter, said that “the housing sector has been performing close to 2017 with the sales of 1 million houses in the first 9 months In the first 9 months of 2017 as the number of residential units sold in Turkey had occurred 1.030.728 […]

Minister’s Statement for Urban Transformation

Minister’s Statement for Urban Transformation

Minister of Environment and Urbanization Mr. Murat Kurum made statements about urban transformation and zero waste project Minister Kurum stated that “In the past, high buildings were needed, but today they do not want high buildings that disrupt the skyline of cities. Approximately 550 thousand houses have been transformed since 2012 when the urban transformation law […]

Fi Side Victims Seek Help

Fi Side Victims Seek Help

Victims of the Fi Side project continue their protest actions which they started on 27 october. The Fi-Side project, which started in 2009, has 3 thousand 200 houses. Within the project which should be delivered to the owners In June 2012, the construction of a block has never started, and the construction of the other […]

Emlak Konut REIT Early Payment Discount

Emlak Konut REIT Early Payment Discount

  2018 details of Emlak Konut REIT (government company) early payment discount launched for the second time this year. Applications for the campaign will continue until December 7, 2018. People who are currently holding apartments and debt from Emlak Konut will be able to benefit from early payment discount opportunities. Applications for the campaign, which covers a […]

Sales to Foreigners Increased %152 in September

Sales to Foreigners Increased %152 in September

The number of houses bought by foreigners in Turkey in September was 5.662, and increased %152 compared to the same period last year. In the January-September period of this year, housing sales to foreigners increased by %59 compared to the same period of the previous year and reached 24.385 units. The first city preference of […]

The World’s Largest Airport Opens with Grand Ceremony in Istanbul

The World’s Largest Airport Opens with Grand Ceremony in Istanbul

Istanbul 3rd Airport, the world’s largest airport opened with grand ceremony. The opening of the Istanbul New Airport was held with President Recep Tayyip Erdoğan. The opening of the giant project of Turkey’s 3. Istanbul Airport was held with a large ceremony. Many presidents, heads of states and ministers attended the opening ceremony of the 3rd […]

Constant Growth in Construction Despite Coup Attempt

Constant Growth in Construction Despite Coup Attempt

It has been two years since the bloodiest coup attempt that Turkey experienced on 15 July. One of the sectors that has gone through the fastest recovery in this process is real estate. The construction sector, which employs 2 million people and feeds 250 sub-sectors, continues to develop despite all the adversities. With the impact of […]

Turkey Ranks 5th in Property Price Increase

Turkey Ranks 5th in Property Price Increase

The results of Knight Frank’s “Global House Price Index” study have been announced. The countries where property proices have increased the most in order are: Iceland (17.8 percent), Hong Kong (14.4 percent), New Zealand (13.8 percent), Canada (13.5 percent), Turkey (13.3 percent), Malta (12.6 per cent), Czech Republic (11.5 per cent), Estonia (10.7 per cent) […]

Turkey Real Estate Sector Grew by 3.4

Turkey Real Estate Sector Grew by 3.4

Turkish Statistical Institute (TUIK) announced growth figures for the first quarter of 2017. Accordingly, in the first three months of this year, Turkey’s economy grew by 5.00 percent. While the industrial sector grew by 5.3 percent, the growth rate in the construction sector was 3.7 percent. The rate was 4.5 percent in the same period […]