Houses and apartments in Turkey continue to rise in price. Market experts say that in the coming winter, the traditional winter decrease in home sales is likely not to happen: the demand for real estate in Turkey is growing and development companies are going to announce much fewer new construction projects in the coming months. The reasons for the shortage of apartments under construction in Turkey are coronavirus problems and increased costs of the construction industry. The latest news of the Turkish real estate market in English on the Turk.Estate portal.
- Turkey has become one of the countries with the most attractive real estate for foreigners. The pandemic has strengthened the country's reputation as a safe country with modern and effective healthcare services. Those who previously were thinking of buying an apartment in Europe are now considering Turkey for property investment.
- In the next fifty to one hundred years, Turkey will gradually turn into a low-rise country. The massive transition of Turkish cities to horizontal architecture has already been planned, how will it happen?
- Recep Tayyip Erdogan highlighted the achievements of the construction and real estate sector in Turkey amid the coronavirus threat. Sales of houses and apartments in Turkey reached a record 1.2 million properties in the first nine months of 2020, the president said.
- Turkey's real estate market experts recommend investing in land. Prices for plots are growing along with the dynamic growth of demand for land.
The Izmir earthquake affected the preferences of property buyers in Turkey.