Elite housing in Turkey will become more affordable for foreigners
Elite housing in Turkey will become more affordable for foreigners
13.09.2021
1613
0
0
The country's authorities are seeking to increase the inflow of foreign investors. They plan to interest the latter in elite housing, the demand for which has increased significantly in the first half of the year. Similar projects dominate in the capital of the country, but in no less popular areas, including Antalya and Alanya. Citizens of Singapore, Iran and China dominate among buyers. The head of the Turkish Real Estate Abroad Promotion Association proposes to take measures to expand the geography through attractive transactions terms. The benchmark is made for middle-income buyers who value comfort and coziness.
Analytical company Endeksa has published statistics on real estate sales in Turkey for the Q3 of 2023. It shows an increase in the average price which, when calculated in Turkish Lira, has increased by 109% compared to the previous year. The highest figures are in the provinces of Hatay (158%),...
According to the Kurdish news agency Rudaw, Istanbul was the first to face a housing crisis. It is the largest city in the country, where real estate is most in demand. The upcoming changes are evidenced by the increase in rent, which has almost doubled compared to the same period last year. Local...
In 2019, the Turkish housing sector set an all-time record with 45,483 housing units sold to foreigners. 2021 promises to be a new breakthrough - more than 50,000 objects sold by the end of this year.Ömer Faruk Akbal, President of Real Estate International Promotion Association, said in an...