Real estate sales in Turkey in the last quarter of 2021
Content Index
First :The effects of the Corona virus pandemic on real estate prices in Turkey:
Despite the negative effects that the Corona virus pandemic has caused in general and its repercussions on various sectors of the economy in the world, the real estate market in Turkey has had a different share, as reports and statistics show an unexpected recovery in the real estate sector in Turkey, and even Expectations confirm that it is heading towards a prosperous and promising future period.
As the latest economic reports issued in August of the year 2021 show that real estate prices in Turkey will gradually rise to more than fifty percent, despite the fact that Turkish real estate prices have been witnessing long-term stability that extends since the year Two thousand and eighteen, in conjunction with the high costs of construction and reconstruction.
Secondly :The reasons for the rise in real estate sales in Turkey in the last quarter of 2021:
Various economic reports and recent statistics during the past year show that, despite all the negative effects that have accompanied the Corona virus pandemic on the economic sectors and the global investment market, both real estate sales and prices in Turkey have witnessed a remarkable increase compared to previous years. This is the great demand in the real estate market in Turkey, especially by foreign investors, to their desire to buy property in Turkey and enter the real estate investment sector in Istanbul or other Turkish cities, because this allows them to obtain Turkish citizenship through investment. Indeed, this It has become very clear, especially by foreign investors with Arab nationalities, as Arab investments have become a heavyweight and an important and effective role in promoting the growth of the economy in Turkey in general, and the rise in real estate sales in Turkey is also due to the increase in the demand for investors to buy a property in Turkey. Turkey during the last quarter of the year 2021 to all the temptations and advantages that accompany acquiring one of Turkey's real estate, as it has, in short, many advantages, and Arab investments have begun In recent years, great successes have been achieved, which explains the changes that began to occur in real estate sales in Turkey during the last quarter of 2021 and have contributed to raising the Turkish economy, which constituted an incentive for the Turkish government to provide more attention and support for the development of the investment sector in real estate Turkey.
Third :Real estate sales statistics in Turkey in the last quarter of 2021:
The Turkish Statistics Authority confirmed that real estate sales in Turkey in general witnessed a continuous rise between the year two thousand and thirteen and the year two thousand and twenty and at the beginning of 2021 this authority announced that the percentage of real estate sales in Turkey increased by twelve percent in the year two thousand and twenty Compared to the year two thousand and nineteen, it appears that the number of houses that were sold during that time reached nearly one million four hundred and ninety-nine thousand three hundred and sixteen houses.
The real estate sector in Turkey has witnessed a great demand by foreign investors, as the sales of Turkish real estate to the Arab and foreign communities that are present in Turkey during the current year amounted to nine thousand eight hundred and eighty-seven properties, despite the circumstances that It was imposed by the Corona virus pandemic and the accompanying restrictions on global travel.
At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.
Editing by Ramzy Real Estate Team ©
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