Euro rates
  • USD/RUB87.6756
  • GBP/RUB111.0302
  • TRY/RUB2.6654
  • EUR/RUB94.0759
Alanya
+28°C
2305apartments on site

Foreigners get again interested in real estate in Turkey

  • 07.07.2020
  • 2647
  • 0
  • 0
Foreigners get again interested in real estate in Turkey

The reason for this is that the situation caused by the pandemic is stabilizing, and people are returning to their usual lives. Nevertheless, analysts believe that property sales will reach the pre-crisis level only in the spring of 2021.

For comparison, in 2019, the interest of foreigners in Turkish real estate increased by 14.7%. The total number of transactions reached 45,483.

The Turkish analyst said that most of all foreigners are attracted by
the local climate, cultural heritage and good living conditions (developed
infrastructure and low food prices).
Read also
  • Tax reform in Turkey will affect property owners
    According to a tax reform that is expected to be submitted to parliament soon, taxes will be increased for owners who use real estate as an investment vehicle. The details of the reform have not yet been revealed, but Hakan Akçam, president of the Ankara Professional Chamber of Estate Agents...
    07.06.2024
  • Turkey hits mortgage record
    Over the past week alone, the size of mortgage loans increased by $ 613 million, and in general over two weeks the size of bank loans increased by $ 5.3 billion. This is due to the fact that recently the government ordered that the state banks issued mortgage loans at the lowest rates in Turkish...
    29.06.2020
  • TURKISH AIRLINES RESUMES FLIGHTS WITH RUSSIA ON JULY 16TH
    It was stated that Turkey was going to resume flights with Russia in mid-July, but the exact date was not announced. Now the date is known - on July 16, the flights will connect Turkey and Russia. At the moment, travellers can book tickets from Moscow, St. Petersburg and Krasnodar. Now it is...
    26.06.2020
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer