Several recent reports indicate that demands for the Turkish real estate sector has increased, especially in September and November, and experts expect 2018 to be a year of real estate investment.
Taking into consideration the figures issued by the Turkish Statistical Institute, the first half of this year, between the dates of 1 January and 30 June 2017, the number of apartments sold throughout Turkey reached 654 thousand and 363 apartments throughout the country and continued to increase in the third quarter also. This year is expected to continue at a rapid pace in the fourth quarter as well.
There is much confidence by investors in the real estate sector in Turkey because of the strength and guarantee provided in this sector, where investment in this is almost guaranteed in terms of profit, it’s rare or impossible to see real estate decline in prices both in terms of sale or lease, Prompting many real estate experts to make predictions about rising demand for property by the end of this year and next year 2018.
There is an increase in the demand for apartments and properties that have the names of famous companies. The real estate projects of give additional confidence from investors because of its many advantages such as its central location and the facilities it contains within it on the one hand and the facilities that surround it on the other. These projects are being built in Istanbul, for example, in areas where there are schools, hospitals, and metro, tramway or the Metrobus.
In the next few days, we expect to see a new qualitative leap in the real estate sector, according to real estate experts, especially after the facilities provided by the Turkish government.