Overseas property
Articles

Turkish government to present new social housing project

10 views · Updated on
Author: Julia Samsonova
Turkey
Youssef Mohamed / unsplash

The Minister of Environment, Urban Planning and Climate Change Murat Kurum reports that 81 provinces will plan to launch social housing programs on terms affordable for minimum wage workers.

The social housing project will be financed by the Turkish government, and the construction shall be completed in about 3 years. The President of Turkey Recep Tayyip Erdoğan recognised the housing project as the largest in the country's history.

According to the program, low-income families, pensioners, and family members of veterans will be able to buy residential properties at more favourable and lower prices using the long-term instalment plan for up to 20 years. In addition, the program includes planting of greenery.

Buy property in Turkey 4,393 listings on Tranio
New large-scale project with first-class infrastructure next to a forest in Maslak, Istanbul, Türkiye for From 17,530,000 TRY From 17,530,000 TRY
New large-scale project with first-class infrastructure next to a forest in Maslak, Istanbul, Türkiye

Completion in: 2027.IV Total of 2644 apartments

New project with green areas and lounge areas, Istanbul, Turkey for From 12,381,000 TRY From 12,381,000 TRY
New project with green areas and lounge areas, Istanbul, Turkey

Completion in: 2026.IV Total of 294 apartments

New residence with a swimming pool, restaurants and a shopping mall, Bagcilar, Istanbul, Turkey for From 15,848,000 TRY From 15,848,000 TRY
New residence with a swimming pool, restaurants and a shopping mall, Bagcilar, Istanbul, Turkey

Completion in: 2026.II Total of 369 apartments

Residential complex surrounded by park, near the International Financial Center, Ataşehir, Istanbul, Turkey for From 27,239,000 TRY From 27,239,000 TRY
Residential complex surrounded by park, near the International Financial Center, Ataşehir, Istanbul, Turkey

Built in 2025 Total of 544 apartments

Apartments with a picturesque view in a guarded residence, near parks and metro, in the heart of Istanbul, Beşiktaş, Turkey for From 35,658,000 TRY From 35,658,000 TRY
Apartments with a picturesque view in a guarded residence, near parks and metro, in the heart of Istanbul, Beşiktaş, Turkey

Completion in: 2026.IV Total of 295 apartments

Modern residence with swimming pools and gardens near a metro station, Maltepe, Istanbul, Turkey for From 23,970,000 TRY From 23,970,000 TRY
Modern residence with swimming pools and gardens near a metro station, Maltepe, Istanbul, Turkey

Completion in: 2026.II Total of 781 apartments

New project with a lake and green areas, Kartal, Istanbul, Turkey for From 14,107,000 TRY From 14,107,000 TRY
New project with a lake and green areas, Kartal, Istanbul, Turkey

Completion in: 2026.IV Total of 2800 apartments

Luxury residential complex on the Marmara Sea in Zeytinburnu, Istanbul, Türkiye for From 48,584,000 TRY From 48,584,000 TRY
Luxury residential complex on the Marmara Sea in Zeytinburnu, Istanbul, Türkiye

Built in 2024 Total of 1557 apartments

Minister Murat Kurum also says that 3-4% of housing will be available for purchase by foreign nationals.

Source: Dunya

Share the article

Rate the article

Rating of the information on the page

Subscribe not to miss new articles

We will send you a content digest not more than once a week

Subscribe
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Done!

    Not sure where to start? Contact a Tranio manager

    What you'll get from the consultation:

    • Investment strategy
    • Personalised step-by-step guide
    • Transaction financial model
    • Total cost-of-ownership forecast
    Send a request
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.