Reasons for the rapid growth of real estate market in Turkey

The Turkish real estate market is one of the most dynamic in the world. Every year more and more buyers seek to purchase housing in this country. Although there are many offers for the purchase of real estate, it is often not enough to fulfill the demand. This directly affects the growth in prices for real estate. For example, in the second quarter of this year real estate prices rose by 29% in Turkey.

Why do investors choose Turkey?

Among the main reasons are:

• well-developed infrastructure;
• climate;
• ability to choose housing in all price categories;
• visa-free travel with many countries;
• ease of registration of purchase and sale transactions;
• opportunity to obtain a residence permit for investment.

For those who buy housing for commercial purposes there are advantages in the form of high profitability and liquidity of objects.