Reasons for investors to turn to real estate in Turkey
Turkish real estate continues to grow rapidly in the form of successive leaps, especially since real estate investment is one of the most successful investment sectors in Turkey.
Turkey has become the focus of attention of many investors, especially those wishing to own real estate in it because of the advantages it enjoys in terms of location, nature and the human factor.
Amid the tendency of foreigners to buy Turkish real estate, many questions related to this sector in terms of laws, regulations, offers and prices, and among those questions is a question about whether real estate prices in Turkey differ between winter and summer months.
Turkish real estate continues to grow rapidly in the form of successive leaps, especially since real estate investment is one of the most successful investment sectors in Turkey.
It can be said that Turkish real estate is witnessing great leaps in the summer and has not declined in recent years, in both seasons this growth continues.
It should be noted that active tourism contributes to the rise in real estate prices, which is positively reflected on the rate of profits of the real estate investor, and the crises experienced by the regions of Europe and Russia have prompted many citizens of those countries to transfer their investments to Turkey.
According to official data issued by the Turkish Statistics Authority, real estate sales in all Turkish cities and regions increased by 31% in the first half of 2022.
And the numbers are record compared to the numbers of the same periods of previous years and indicate a remarkable recovery in the Turkish real estate market.
It is noteworthy that Turkish real estate prices have witnessed a continuous and continuous rise for more than five years, but its intensity increased late last year, and this sharpness in the rise continues to this day.
The reasons for the rise in real estate prices in Turkey are due to several factors, the most important of which is the Russian-Ukrainian war, which directly affected Turkey due to the Russian, Ukrainian and European arrival to Turkey to own a property and live there.