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The pandemic has had a contradictory ripple effect on the situation with the turkish real estate market

  • 09.07.2021
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The pandemic has had a contradictory ripple effect on the situation with the turkish real estate market According to the Institute of Turkish Statistics, sales in the real estate market in 2021 decreased significantly compared to the same period in 2020. The fall in demand exceeded 10%, with mortgage transactions accounting for a large share of them. However, the pandemic did not frighten away Russian citizens. They rank third after Iraqis and Iranians in terms of the number of acquired properties. Following the Russians, Afghans and residents of Kazakhstan close the five leaders. In June, the situation changed dramatically and sales of real estate to foreigners jumped by almost 185%.
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