New housing projects launched in different regions of Istanbul are bringing a breath of fresh air to the market. Projects with modern architecture, spacious social amenity areas, and proximity to transportation facilities are particularly preferred by young professionals and families. Urban transformation projects are also making a positive contribution to the market by constructing modern and earthquake-resistant residences in place of old and unsafe buildings. Although housing prices continue to increase due to the impact of inflation, a slowdown in the rate of increase has been observed in recent months. In the rental housing market, rental yields are at attractive levels due to high demand, especially in central locations and areas with a dense student population. Leading figures in the real estate sector paint an optimistic picture regarding the future of the Istanbul real estate market. The continued interest of foreign investors, the introduction of new projects to the market, and the acceleration of urban transformation efforts indicate that the market will become even more vibrant in the coming period. However, it should not be forgotten that economic uncertainties and political developments can also affect the market.
Given its geological location in an earthquake zone, Turkey must prioritize urban transformation efforts. Especially the 1999 Marmara earthquake and other subsequent major earthquakes have painfully revealed how unsafe the existing building stock is. This has once again proven that urban transformation is not only a necessity but also a vital priority.
Istanbul's real estate market continues to be one of the driving forces of the Turkish economy. Attracting both local and foreign investors with its historical and cultural riches, strategic location, and dynamic structure, the city exhibits constant change and development in the real estate sector. Economic fluctuations, inflationary pressures, and global events of recent years have profoundly impacted Istanbul's real estate market, leading to the emergence of new trends. In this news article, we will examine the latest situation of Istanbul's real estate market, the change in prices, consumer preferences, and prominent investment areas in 1000 words.
Izmir, the pearl of the Aegean Region, attracts attention not only with its historical and cultural richness, but also with its unique coastline and natural beauties. With the arrival of summer, Izmir and its surroundings are flooded with vacationers. Owning a summer house in particular has been a popular option for both Izmir residents and visitors for many years. However, changing lifestyles, economic conditions and environmental awareness are also significantly affecting summer house trends in Izmir. In this article, we will examine the summer house trends in Izmir and its surroundings, popular regions, changing holiday understanding and sustainability factors in 1000 words.
