Euro rates
  • USD/RUB70.9921
  • GBP/RUB97.6464
  • TRY/RUB7.6529
  • EUR/RUB82.5141
Alanya
+25°C
647apartments on site

Property sales in Turkey keep growing

  • 16.03.2020
  • 1110
  • 0
  • 0
Property sales in Turkey keep growing

In January and February 2020, 286,246 properties were sold in Turkey, including residential, commercial properties and land plots. This figure is 41% higher than property sales during the same period last year.

Experts say that the increase in sales is the result of the decrease in interest rates of mortgage loans. Turkish banks more and more friendly loan terms and conditions, encouraging people to buy properties. The number of mortgage applications keeps growing.

If property sales don’t start decreasing, the country will sell the record number of properties this year.

Read also
  • Prices for ready-to-move housing in Turkey may double
    In the first half of this year, prices on the construction materials market increased by more than 53%. In Turkey, concrete, metal structures, and other materials necessary for capital construction are more expensive. The developers believe that prices may double by the end of the year. So far, the...
    23.09.2021
  • Akdağ Ski Center hosts annual festival
    The Akdağ ski resort, which is being constructed not far from Alanya, will host an annual sports festival on March 14. This festival has taken place for several times and has become a tradition. The festival organizer is the Alanya Akdağ Kayak sports club. The festival includes sports competitions...
    11.03.2020
  • Properties in Turkey became 10% more expensive
    According to the stats for the beginning and the end of the last year, property prices in Turkey experienced a 10% increase. In the end of 2019, properties in Turkey grew in price by 9.92% comparing with December 2018. In November 2019, prices became 7.2% higher comparing with the same period in...
    05.03.2020
Free consultation

Schedule a consultation with our real estate experts

Vildan van Welsen
Sales representative
+90 (530) 566 06 66
Turkish, English, Norwegian, Danish, Swedish, German, Persian