Highway tunnel under Bosphorus pushes Istanbul real estate prices up
The Eurasia highway tunnel under the Bosphorus has increased real estate prices in nearby districts long before its opening date on Dec.20., with rental prices rising by 25 percent and sales prices ri[...]
Turkey's annual inflation decreases from 8.05 to 7.28 pct in September
Turkey's monthly consumer prices rise by 0.18 percent in September with annual inflation rate decreasing from 8.05 to 7.28 percent. Prices increased by 4.72 percent since December 2015, while t[...]
Confidence in economy rises in September
The economic confidence index increased by 20.8 percent to 87.81 in September from the previous month, according to official data released by the Turkish Statistical Institute (TurkStat) yesterday. [...]
Turkey ranks first in housing price increase
Turkey is ranked first in the global estate price increase report, published by the UK-based global real estate company Knight Frank once every four months. Turkey is followed by New Zealand i[...]
Istanbul mega infrastructure projects push land and real estate prices up
Mega projects and urban renewal projects have substantially increased land and real estate prices in Istanbul, with the value of real estate properties reaching TL 1.5 trillion ($500 billion). Comp[...]
Housing sales rise 2 pct in August
Property sales in Turkey rose by 2 percent on an annual basis in August, the Turkish Statistical Institute (TurkStat) reported Friday. Moreover, 114,751 houses changed hands in Turkey last month, mark[...]
Residential Property Price Index Risen by 0,96 Percent
The Residential Property Price Index (RPPI) rose by 0,96 percent in June, when compared with the previous month, reaching 213,96. The Residential Property Price Index data for the month of June, ha[...]
How has the Third Bridge Affected the Property Market?
Yavuz Sultan Selim Bridge, the 3rd pearl of the Bosphorus, has not only ensured gains for Turkey but also for its investors since opened by President Recep Tayyip Erdoğan. The bridge, which possesses[...]
Turkey-Saudi Arabia Agree to Boost Economic, Property, Energy Relations
According to some media sources, Turkey and Saudi Arabia reached an agreement on the establishment of a high-level strategic cooperation council to set up to strengthen investment, economic an[...]
More Than 25 Billion Liras of Investments in Istanbul
Strategic Plan of Istanbul Municipality for 2016-2019 has been announced, it shows the planned projects and the total cost of upcoming investments in Istanbul. Istanbul Metropolitan Municipality&rsqu[...]