2 + 1 3 + 1 apartments Erdogan unveils the largest housing project in the history of Turkey

2 + 1 3 + 1 apartments Erdogan unveils the largest housing project

2 + 1 3 + 1 apartments Erdogan unveils the largest housing project in the history of Turkey

President Recep Tayyip Erdogan presented on Tuesday the largest housing project in the history of the Republic of Turkey. This came in a speech he delivered while attending the project promotion ceremony at the Presidential Complex in the capital, Ankara:

Project promotion ceremony 2 + 1 3 + 1 apartments Erdogan unveils the largest housing project

  • Erdogan announced that his government’s goal in the project is to build 500,000 homes, 250,000 development lands and 50,000 workplaces in all Turkish states within a period not exceeding 2028.
  • Erdogan added that this project will reduce housing prices and rents throughout the country and make it easier for citizens to own a home.
  • He also added that with this project, we will increase the number of social housing units to two million people and the number of people living in these homes to more than 10 million and we called the project “My First Home”, “My First Place of Work”.

House prices in the largest housing project in Turkey

  • Regarding the prices of houses that will be built within the scope of the project, Erdogan said: “Our citizens will be able to own a house with two rooms and a living room at a total price of 608,000 liras in monthly installments since 2000. 240 liras for a period of 240 months.”
  • As for houses consisting of 3 rooms and a hall, it will be 850 thousand pounds and 3 thousand 187 pounds in installments over 240 months.”
  • We have a quota for our young people between the ages of 18-30. There will be 50,000 residences, which is equivalent to 20 percent of the housing to be built within the scope of the project.

2 + 1 3 + 1 apartments Erdogan unveils the largest housing project

  • He stated that the government plans to build 250,000 homes in the first phase of the project, which will be completed within two years, and that every citizen whose family income is less than 18,000 liras in Istanbul and 16,000 liras in other provinces can apply to purchase this project.

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