How are new technologies affecting the real estate sector?

The real estate market in Turkey is changing rapidly due to the introduction of modern technology.

Digitalization of real estate transactions

Traditional methods involving face-to-face meetings and property inspections are giving way to digital tools.

• Vaveyla and Zingat: These Turkish online platforms offer users the opportunity to view properties virtually through 3D tours and virtual reality (VR) technology.

• Tapucom: A platform that uses blockchain to provide secure transactions. Here, real estate can be purchased online using smart contracts, reducing fraud risks and speeding up the buying and selling process.

• Blockchain: In 2020, the Turkish government began exploring the possibility of introducing blockchain technology into the real estate registration system.

Smart homes and Internet of Things (IoT) technologies

Smart homes and IoT technologies are increasingly being used in new residential developments in Turkey.

• NEF Points: A residential complex in Istanbul with integrated smart systems for home management. Through a mobile app, residents can control the lighting, climate and security of their homes.

• Sinpas GYO: One of the leading real estate developers in Turkey that is actively incorporating IoT into its projects. Residential complexes such as Sinpas Queen Central Park have installed smart energy, water and security management systems to increase comfort and reduce costs.

Big Data and Artificial Intelligence

Big data analysis and artificial intelligence technologies play a key role in real estate valuation and predicting market trends.

These technologies enable developers and investors to make more informed decisions, reducing risks and optimizing costs.

• Emlakjet: A popular real estate search platform in Turkey that uses AI to customize properties. The system analyzes users' requests and offers them the most suitable options.