Property
Bosphorus prices vary
Tarabya is a valuable district alongside the Bosphorus and property prices in this area vary according to the view of the beautiful waterway through Istanbul.
Old apartments, villas, waterside mansions, new apartments in new living compounds are all available, TURYAP’s Tarabya representative Nedim Aktas said. Mansions right near the Bosphorus are invaluable. Prices of villas further […]
TOKI set to build its 400,000th home
The Housing Development Administration will focus on building homes for low-income groups in 2009, with a target of building its 400,000th house in mind.
The Housing Development Administration of Turkey, or TOKI, sold 24,317 houses in 2008 and has a target to build its 400,000th house in 2009.
A statement released by the administration on its […]
Projects undertaken by Turkish contractors abroad exceed 130 bln USD
Turkish State Minister Kür?ad Tüzmen said on Thursday that the total value of projects carried out by Turkish contractors in foreign countries exceeded 130 billion USD. A ceremony was held at Ankara’s Sheraton Hotel to award the 23 Turkish contractors that were listed among the “Top 225 International Contractors” in an annual report prepared by […]
Tenants to be given more rights with latest Code
A draft bill to overhaul the Code of Obligations, which has been in effect with some minor amendments since it was first passed in 1926, has been completed in Parliament’s Justice Commission after a month of deliberations and discussions.
The code covers transactions between civil contracting parties, such as creditors and debtors, but deal […]
’Rent to buy’ options
Real estate markets are suffering the effects of the global economic crisis. To combat the slump in the buyers market, developers have started offering buying schemes at new projects, including rent to buy options
Due to the global financial crisis, the real estate sector has developed several new marketing schemes to encourage buyers.
The firms new […]
Buying up in Turkey
Financial Times is recommending its readers buy residential or holiday homes next year, selecting the 10 top locations, it has included Turkey’s Belek, Alt?nkum and Bodrum’s coasts, with an emphasis on the ’substantial and beautiful coastline’
Turkey has been rated among the 10 top locations by the Financial Times, or FT, of places people can […]
New opportunities for the New Year
Several construction firms launch year-end and New Year campaigns with generous offers for potential homebuyers to liven up the real estate market.
Property developers are offering new opportunities to potential buyers in a last attempt to revive the real estate market just before the New Year.
For those who want to enter the New Year in […]
Real estate festival
During a real estate festival to be organized in April 2009 in Istanbul, companies will offer discounts up to 35 percent, Association of Mortgage Brokers (MBD) said Tuesday.
This event will bring new blood to the sector, MBD officials believed. The fair will take place at Istanbul Fair Center in April 2009. The highlight of the […]
Canadian investor for Multi Turkmall
Multi Corporation’s Turkey subsidiary, Multi Turkmall, has announced it will spend 4.3 billion euros on new projects and investments as part of its “Multi Turkey Real Estate Fund.”
The Investment Board of Canada Pension Plan, or CPP, became the first founding investor to the Multi Turkey Real Estate Fund with a 250 million euro commitment, according […]
GYODER projections
Developers highlight the necessary actions the real estate industry needs to take next year and recommend establishing an agency dedicated to coordinating, regulating and financing national housing policy.
A real estate industry leader has outlined, blow by blow, the problems the market is facing in this financial crisis and given ideas for potential solutions.
The Association of […]
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