In June, there is an increase in demand for secondary housing in Turkey
In June, there is an increase in demand for secondary housing in Turkey
19.07.2021
2028
1
0
Due to the decline in the construction of new real estate in Turkey and the global pandemic, buyers found themselves in a situation of limited choice. Apartments in new buildings are still popular, but their range is not able to fully satisfy all the wishes of buyers. In June, according to the sales results, secondary housing is confidently leading. The share of new building deals was only about 30 percent. Istanbul takes the leading sales positions. Ankara, Alanya, Mahmutlar are also popular cities in this regard. The number of construction projects increases with growing demand. Many licenses for the construction of villas are issued daily.
Minister of Tourism Mehmet Ersoy noted that the number of people wishing to stay in the country for more than 60 days is decreasing, which negatively affects the entire tourism sector. The simplification of obtaining a residence permit in the state will be facilitated by depositing funds in banks in...
Unstable economic situation in the world has had a direct impact on real estate mortgage lending. And although the rate on property loans in Turkey is quite low, an increasing number of real estate buyers prefer to pay cash for the apartments purchase. In June, mortgage transactions accounted...
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...