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Prices for ready-to-move housing in Turkey may double

  • 23.09.2021
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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 picture looks like this:

The developers are trying to draw the attention of the authorities to this problem. They want the state to adjust the tariffs.

Real estate prices in the country have already increased by 50%. It is likely that by the end of the year this figure will increase by another 40%.

Therefore, today it is more profitable to invest in real estate in Turkey without waiting for prices to rise.

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