Euro rates
  • USD/RUB113.0629
  • GBP/RUB135.9357
  • TRY/RUB6.0669
  • EUR/RUB117.201
1837apartments on site

Turkish real estate continues to break records: the demand of the Russians has gone up by 3-4 times

  • 13.10.2022
  • 448
  • 0
  • 0
Turkish real estate continues to break records: the demand of the Russians has gone up by 3-4 times

By the end of September 2022, the demand for Turkish properties has gone up again. A similar jump was seen after the February events.

Various real estate agencies report that Turkey has become the top investment destination. According to various sources, Turkish housing accounts for between 20% and 40% of the demand of the Russians who are interested in overseas investments. As for the regions, here in the first place is Istanbul, followed by Alanya, Antalya, Bodrum, and Fethiye.

Read also
  • More than 11 million foreigners visited Antalya in the past nine months
    Following the start of the COVID-19 pandemic, Turkey is facing the busiest period since all restrictions were removed. According to the Provincial Department of Culture and Tourism, from January 1 to September 30, 11.27 million tourists visited Antalya. This number grew by 57% in comparison with the...
  • Demand for real estate under construction is rising in Turkey
    There is a rise in interest in residential units under construction against the backdrop of Turkey's real estate market revitalisation. In comparison to the same period last year, there were 17% more transactions featuring off-plan residences during the first eight months of this year. Experts...
  • Demand for Turkish property exceeds supply: construction sites are not enough
    According to Hurriyet Daily News, offers from developers do not keep up with the tripled demand. Despite the rise in real estate prices in Turkey, apartments and houses find their owners in a short time. It is estimated that at least 800,000 new buildings are needed to meet consumer demand, while...
Free consultation

Schedule a consultation with our real estate experts

Vildan van Welsen
Sales representative