Turkey - Property Prices Increase
Turkey - Property Prices Increase
Turkey excelled lot of developed countries in the price range of luxury properties, and has the most increased prices in real estate with a 18% growth.
It was discribed as ‘The port for the investors in Middle East.’
The construction sector has shown a rapid developing in Turkey. As The Economy sector increases every day the Real estate prices are increasing in parallel.
According to the representatives of the sector, The demand is the main reason for this increase and there is even more development for the real estate price increase in Turkey. Especially, the class A of real estate foreign buyers are on the rise. There are also lots of loyal clients in the local sector who are looking to invest again.
Turkey combines the West and the Eastö and that what makes it more attractive for many different nations. This makes it a much more varied and distinguished market. As a result the population growth increases at the same time. Somehow, Middle Eastern investors will be more demanding to make an investment in Turkey.
The Average Globally Increase is % 3 In Europe, the increase in price range is doubles in Turkey, Estonia, Luxemburg and Ireland. From the 55 countries that are analyzed, 42 countries has increasing real estate prices. Land and construction equipment prices are increasing which is the main reason that Middle Eastern investors rely on Turkey to invest.
The stability in terms of economy, the on going projects established by goverment made Istanbul seen as a brand of the New Mega City all over the world. Investors are encouraged to take advantage of the Market.