Latest Turkey Real Estate News

A hike in house prices which have recently seen price increases exceeding 100 percent, also came after 3 separate housing packages announced by President ERDOGAN.

Minister of Trade Mehmet MUS and Minister of State for Foreign Trade of the United Arab Emirates Thani Bin Ahmed Al Zeyoudi held a press conference for the “Turkey-United Arab Emirates Comprehensive Economic Partnership Agreement”.

According to a recent study on the change in house prices for sale in all cities, the increase in Istanbul was 118 percent, followed by Ankara with 104 percent and Izmir with 84 percent, on an annual basis.

Turkey's exports to the United Kingdom increased to US$ 3 billion 57 million 155 thousand in the first quarter of 2022 with an increase of 12.2 percent compared to same period last year.

It has been announced by the authority that the value of real estate to be bought when applying for Turkish citizenship will be increased from US dollars 250 thousand to US dollars 400 thousand.

Minister of Transport and Infrastructure Karaismailoglu stated that the Gayrettepe-Kağıthane-Airport metro line has been completed by 97 percent adding, "We aim to open the section between Kağıthane and Istanbul Airport within 4 months.

The EximBank of the United Kingdom will finance the construction of this longest high-speed train project in Turkey.

Corendon Airlines which connects Europe to Turkey and the most preferred holiday destinations, will add new destinations to its flight network and increase flight frequencies in 2022.

Ahmet Bolat, the new chairman of the board of directors of Turkish Airlines has announced that the establishment has made major plans for Antalya, Dalaman, Bodrum-Milas and Izmir.