Youth is actively investing in land plots in Turkey

Youth is actively investing in land plots in Turkey

After the pandemic, Turkish young people and white-collar workers who had not previously considered land plots as an investment option began to invest in land after the pandemic. Emlak Kulisi, a real estate publication in Turkey stated that over the past ten years, the average age of investors in land in Turkey has dropped significantly, today the majority of buyers of land plots are people aged 25 to 45 years. They have enough savings for the first installment and then they pay in installments from monthly earnings. 

The pandemic has had a strong impact on the real estate market in Turkey and perhaps the main trend for Turkish developers and homebuyers is the desire to return to nature. Quarantine months spent in crowded urban areas made people revise their lifestyle. As the mortgage campaign, which lasted in Turkey from the end of May to the end of August, has shown that houses with a garden, apartments with large balconies and terraces in residential complexes with green areas, as well as plots of land began to be in particular demand among buyers.

Share
Subscribe to newsletter
Subscribe