50,000 social houses known by their owners
TOKI implemented in 140 projects in 67 provinces, 50,000 social houses completed and the owners were announced. construction started for 40 of 140 projects.
Turkish Prime Minister Recep Tayyip Erdogan announced on March 5, 50,000 new social built houses are finished and the was given already to the right citizen.
(TOKI), which is the reponsible about the projects in 67 provinces across Turkey.
A written statement from TOKI stated the follows: “On March 5, 2019, initiated by President Recep Tayyip Erdogan in coordination with the Ministry of Environment, work has been done in 67 provinces, 140 projects will be built and 50,000 houses have beed done so far with right owners were determined.
Construction of 40 projects have been started. The delivery of these houses will be after the completion of the construction.
This will vary according to the projects, but generally the houses will be delivered in 36 months time.
Read Also: Yavuz Sultan Selim Bridge is 3 Years old.
2 + 1 AND 3 + 1 HOUSING PRICES
50,000 new social housing project will take place , 2 + 1 residences have sizes between 75 and 85 square meters, 12% down payment was requested for these houses.
Accordingly, the lowest down payment amount was 13,968 TL.
The installments will start from 388 TL and the term of the payment will extend up to 240 months (20 years).
The size of 3 + 1 houses was determined 110 to 128 square meters. 3 + 1 houses prices started from 170,720 TL. 10 % down payment was requested for these houses.
Accordingly, the lowest amount of down payment was 17,072 TL.
The installments will start from 759 TL and the maturity of 3 + 1 houses is determined in the period 180 months (15 years).
HOW MANY HOUSES TO BE BUILDED AND IN WHICH CITY?
the 6300 of the 50,000 social houses in Istanbul, 2934 in Ankara, 2500 in Izmir, 2200 in Adana, 2500 in Konya, 800 in Diyarbakir.
Real Estate Turkey – Government Guarantee
We have many projects ready for delivery and also under construction and one of the biggest features is the government guarantee
For full details about our projects, please fill out the contact form to get in touch with you