{ منزلي الأول، مكان عملي الأول، أرض بيتي الأول؛ مشروع استثنائي لحكومة تعنى بشعبها | Mersat Real Estate | Real estate experts make the decision
An exceptional project from a government that cares about its people

exceptional project from a government that cares about its people

Last Updated: 2022-11-02
+ Font size -
0 10656

My First Home, My First Place of Work, the Land of My First Home; an Exceptional Project for a Government Who Cares About Its People

 
     Recently, the Turkish government has introduced a residential project, land suitable for construction and industrial zones in all Turkish provinces, worth 900 billion US dollars, in order to provide houses and workplaces at low prices for a large segment of Turkish citizens, amid the rise in prices of houses. Hence, increasing the  individual ownership rate in Türkiye.
 
The registration fee on houses and land devoted to the construction of houses is 500 Turkish liras, and the amount increases to 2000 Turkish liras for the industrial areas, and then a draw is held at the notary.
 
For those who were unlucky in this draw, the fee paid will be refunded if the applicant does not get this opportunity. Also, the foundation stone will be laid by next year.
 

My First Home:

The registration for this project through E-devlet (E-Government), Ziraat Bank and Halkbank began on Wednesday, 14 September 2022 and will continue until 28 October.
The value of a flat that consists of two bedrooms and a living room is 608 thousand Turkish liras, and 850 Turkish liras for a flat that consists of three bedrooms and a living room.
 
After paying 10% of the total value, the rest of the amount is paid in easy installments for up to 240 months, with 2280 Turkish liras per month for a 2+1 flat, and 3187 Turkish liras per month for a 3+1 flat, which increases twice a year as determined by the management.
 
Finally, the number of rooms for beneficiaries is determined by the draw.
 
  • The Conditions:
The project aims to establish 250,000 homes in all Turkish provinces between 2023 and 2028, and can be applied for this project after fulfilling several conditions:
  1.  The applicant must have Turkish citizenship.
  2. Reached the age of eighteen.
  3. Residing and has his residential address registered (for at least one year) in the province in which he applies for the project.
  4. The income of the family of the applicant who resides in Istanbul should not exceed 18,000 Turkish liras, and 16,000 Turkish liras for applicants in the rest of the provinces.
  5. The applicant should not own a house in Turkiye previously obtained through the Mass Housing Development Administration (TOKİ).
 
  • The Allocations:
The houses will be allocated as follows:
  • 20% for retirees.
  • 20% for the youth, starting from 14/09/1992 and later.
  • 5% for relatives of martyrs and veterans.
  • 5% for people with disabilities.
  • 50% for the rest of the citizens.
 

My First Place of Work:

The application for my first place of work takes place from 10 October to 7 November through the E-devlet (e-Government) or any branch of Ziraat Bank or Halkbank .
10% of the value of the shop is paid after the tender and the rest of the payments are made in installments up to 120 months.
 
  • The Conditions:
  1. The applicant must be a Turkish citizen.
  2. Be a resident of the province in which he applies for the project.
  3. Reached the age of eighteen.
  4. The applicant must hold a proficiency certificate, a labor certification or be registered within the Chamber of Commerce.
  5. The applicant, his wife nor their children who are under the age of eighteen must not own an industrial shop. 
 

The Land of My First  Home:  

The applications for the project of the land of  my first home will start on October 10, 2022 and end on the seventh of November of this year through Ziraat Bank.
 
One tenth of the price of the land is paid as a down payment, then the payments are paid in nine installments without interest. As for the required documents, they will be announced later.
 
  • The Conditions:
  1. The applicant must hold Turkish citizenship.
  2. Reached the age of eighteen.
  3. Be a resident within the boundaries of the municipality in which he is applying.
  4. The monthly income should not exceed 16,000 Turkish liras.
  5. The applicant must not have land that is appropriate for building.
  6. Not to be a beneficiary of the law of Slums.
  7. To start construction work within the first year of acquiring the land and complete the basic part within two years.
 
     All of these are a part of the Turkish government's relentless efforts to gain the trust of its citizens, and elevate Turkiye towards glory and superiority, in the light of the great competition between the rest of the candidates to reach power.
 
Source: the Mass Housing Development Administration (TOKİ).
 
Edited by Mersat Real Estate Team ©



 

Last Updated::2022-11-02

Real estate Articles

The real estate market in Istanbul is the best choice for investors
Istanbul is a destination for millions of tourists and investors who want to buy a property in Turkey, so what are the types of real estate in it?
Find out why you should deal with a reliable real estate company
Mersat Real Estate recommends always dealing with real estate companies and not listening to rumors
A comprehensive guide for everything related to buying a property in Turkey
Are you interested in real estate investment in Türkiye? Here's everything you need to know about investing in Türkiye
Torlow's balcony
Turlo Glass Balcony, a beautiful glass balcony for lovers of adrenaline, excitement and suspense
Asansur Tower is a charming landmark of Izmir
Turkey seeks every day to support tourism and the tourism field in Turkey to raise the country's economy first through tourists visiting the picturesque natural places
What are the elements of investment in Turkey?
Investing in Turkey and reaping real estate that must be taken into account when buying a property
Advantages of the Turkish passport 2023
There are many reasons that lead many Arabs to inquire about the possibility of obtaining a Turkish passport, with the many advantages it gives to those who hold it.
Annual property tax in Türkiye
What is the annual property tax? And what is its value?
Princesses Islands are the most beautiful islands in Turkey
Princes' Islands in Istanbul: A gem in the Marmara Sea with exceptional history and beauty, featuring cultural and natural landmarks that attract visitors to enjoy a unique charm blending history with serene natural beauty.
Arnavutköy area
Arnavutkoy ... the center of promising investments

Real estate News

A new decision regarding real estate residency in Türkiye
Learn about the new decision regarding real estate residency in Turkey, where obtaining a real estate residency requires that the price of the property to be purchased be 200 thousand dollars or more.
The United Kingdom is investing four billion US dollars in Turkey
Reports indicated in some newspapers, including Anadolu Agency, about the planning of the British company Hive Energy, with the support of the British Chambers of Commerce, to invest in Turkey worth four billion US dollars
Economies are collapsing, currencies are falling, and Turkey is out of this equation
After the Corona crisis ravaged the world's economies and scientists reached anti-virus vaccines, and as soon as things began to improve and recover, the Russian-Ukrainian war occurred.
400 Thousand US Dollars, a Simple Amendment to One of the Conditions of Obtaining Turkish Citizenship
The Turkish Official Gazette published at dawn today, Friday, May 13, the decision of Turkish President "Recep Tayyip Erdogan", which stipulates raising the value of the property that grants its owner the right to obtain Turkish citizenship from 250 thousand to 400 thousand US dollars.
exceptional project from a government that cares about its people
 Recently, the Turkish government has introduced a residential project, land suitable for construction and industrial zones in all Turkish provinces
The Clash of Giants over One of the Major Markets, and the Turkish Overcomes
In the midst of the crises the world is witnessing, such as wars, conflicts and the collapse of economies, the Turkish Real Estate Market has registered remarkable progress with the rise in the average cost of houses in Turkiye
Accord and new horizons, Ankara and Riyadh
 As a kind of confirmation of improved Saudi-Turkish relations, Crown Prince Mohammed bin Salman visited Türkiye for the first time
Closing Some Neighborhoods in Türkiye to Foreigners; a Resolution in Your Favor 
As of July 1, the number of neighborhoods in which the process of registering and changing residence of the foreigners will be closed
Tourism recovery in Turkey 2022
After the Corona pandemic hit all the world's countries, tourism declined in many of the countries that pioneered it
Trabzon Receives Its Saudi Loved Ones After a Long Absence
After a long absence because of the coronavirus pandemic, Saudi tourists returned to Türkiye to enjoy their summer vacation as Trabzon was their first choice.
Real estate Articles
Watch a video
Real estate opportunities
Featured Projects

Projects in Turkey

Realestates in Turkey

Let us tell you with new

By joining mailing list