Imtilak Real Estate opens its new office in Sakarya, special offers and prices on the occasion of the opening

Rise in the Confidence Index Reflected Positively on Real Estate Sales in Turkey

Turkish Minister of Finance and Finance Barat al-Bayraq said that the Increase in the economic confidence index reflected positively on real estate sales in Turkey

1,664
2019-07-22 Last update 2020-02-12

Rise in the Confidence Index Reflected Positively on Real Estate Sales in Turkey

Turkish Minister of Finance and Finance Barat al-Bayraq said that the Increase in the economic confidence index reflected positively on real estate sales in Turkey.

The economic confidence index has started to increase, according to statistics published by the Turkish Statistical Institute in the past few days. Minister al-Bayraq described the rise as the highest in the last eight months.

He explained that the new economic program, which was implemented after the fall of the Turkish lira in 2018 resulted in positive results as this Increase was the first sign.

Statistics released by the Turkish Statistical Institute show that the index of economic confidence increased by 3.4% in April to reach 84.7, while its value in March of this year was 81.9.

Real estate sales: tangible positive implications

Minister Al-Bayraq clarifies also that the rise in the economic confidence index started with a positive reflection on real estate sales, stressing that this reflection will appear more clearly in the coming days.

In March 2019, home sales in Turkey were up 34% from 2018.

Real Estate Sales

While Turkey achieved the highest sales of property for foreigners in its history, breaking a new record, in the first half of this year, up 68.9% over the same period last year.

According to observers, the acquisition of Turkish citizenship through buying a property was an additional incentive made many foreign investors to buying real estate in Turkey, especially after the facilities launched by the Turkish government in this area in terms of smooth procedures and the short time (45 days) to resolve the transaction of Turkish nationality.

Edited by: Imtilak Real Estate ©

Source: Emlak 365

Did you like our topic? You can share it with your friends now!

More from Imtilak
In a decade: Turkish Real Estate Sales to Foreigners at their highest levels

In recent years, The Turkish Real Estate sales have set records in sales to foreigners in particular

2020-01-13
935
Exhibitions in Turkey for January 2020

Turkey's exhibitions for January 2020, the dates of their launch and end, the hosting cities, and their respective locat...

2020-01-13
1,544
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them