5 reasons led to the increase in sales of the Turkish real estate market
Recently, real estate sales in Turkey have increased dramatically and unprecedentedly, and the Turkish market has been able to outpace many competing real estate markets easily and in a short time. The editorial team at Tamam Lama Real Estate Company has chosen in this article to highlight some of the main reasons that drove the demand On real estate in Turkey, some other aspects will also be mentioned.
The most important reasons for the increase in Turkish real estate sales:
Turkey has one of the strongest and fastest growing economies in the world and it has been one of the top 10 performing economies over the past decade, and it is expected to continue to grow at a rapid pace and this makes it an attractive destination for investors looking to enter a completely safe and stable field.
Despite the strong economy, the real estate market in Turkey is still relatively undervalued and this presents a great opportunity for investors looking to get a good deal on their investment, prices are expected to start rising soon, so now is the time to buy before they It goes up a lot.
The country has a wonderful climate, with warm summers and mild winters that makes it an ideal destination for holiday home buyers looking to escape the cold winters of Europe or North America.
Compared to other countries, the cost of living in Turkey is relatively low and this makes it an attractive option for those who want to retire or live here on a budget.
The future of the real estate sector in Turkey:
The Turkish real estate sector has witnessed strong growth in recent years, as the country has become a major destination for international investors and the sector is now valued at around $35 billion, and is expected to continue to grow in the coming years.
A number of factors are driving this growth, including a young and rapidly growing population, a stable political environment, and favorable economic conditions. In addition, the Turkish government has invested heavily in infrastructure projects, which has helped boost the real estate market.
Looking into the future, the real estate sector is expected to continue to grow at a high rate and this growth will be driven by continuous investment from both local and foreign investors, as well as the strong economic fundamentals of the country. In addition to this, the continuous development of infrastructure in Turkey will also provide a strong impetus to this. sector.
Reasons for the popularity of residential complexes in Turkey:
Living in a residential complex has many advantages and the most important thing is the security. The 24/7 security service in the compounds ensures the safety of the residents and their belongings. Moreover, most of the compounds have a swimming pool, gym and other social facilities where you can spend your free time.
Another advantage of living in an apartment complex is that they are usually located in central locations and this means that you will have easy access to public transportation, shopping malls, and other amenities.
Finally, living in an apartment complex can be a more economical option than buying a townhouse. When you factor in the cost of maintaining the home and the surrounding area, an apartment in the complex can be much cheaper in the long run.
Reasons for the demand for villas in Turkey:
Here are some of the advantages of investing in a villa in Turkey:
* You can live in your villa or rent it out when not in use.
* Villas in Turkey are usually located in beautiful natural areas such as the sea, in the mountains, or near thermal springs.
* Villa prices in Turkey are very reasonable compared to other countries.
* You can find a variety of villas in Turkey to suit your budget and needs.
* The quality of building villas in Turkey is very high.
Most villas in Turkey come with private swimming pools and gardens.
Factors affecting real estate prices in Turkey:
There are many factors that affect real estate prices in Turkey, and the following are some of the most important:
- As in many countries, location is a major factor when it comes to real estate prices in Turkey and it is normal for real estate in big cities and tourist areas to be more expensive than those in small towns or rural areas.
- Larger properties will always cost more than smaller properties.
- Newer properties are generally priced higher than older properties, although exceptions can be made depending on state of repair, etc….
- Apartments are usually cheaper than, for example, villas.
- If there is a high demand for real estate in a particular area or type, the prices will rise accordingly.
Advantages of buying a property in Turkey through a specialized and reliable real estate company:
Are you thinking of buying a property in Turkey? Then you should definitely buy it through a specialized and reliable real estate company to avoid any legal issues. Here are some of the advantages of doing so:
- You will be provided with all necessary information about the property, including its legal status, before making the purchase.
- The company will assist you with all paperwork and procedures related to the purchase.
- You will be able to get a good deal on the property thanks to the company's negotiating power.
- The company will take care of any maintenance or repair issues that may arise after purchasing the property.
Advantages of real estate investment in Turkey through TamamLama Group Real Estate Company:
- We have intimate knowledge of the real estate market in Istanbul and can help you find the perfect property that suit your needs and budget.
- We offer a full range of services, from helping you find the right property to managing the purchase process and even providing post-purchase support.
- We have helped hundreds of clients find suitable properties to obtain Turkish citizenship and real estate residence in Turkey.
- We have a wide range of the finest villas for sale in Istanbul.
- We make the process of buying an apartment in Turkey easy and convenient, and we take care of all procedures
Your follow-up to our website puts in your hands many important topics related to the real estate market in Turkey and the most important laws and developments issued by the official authorities.
