The real estate market in Turkey is currently in the stage of active development and growth, which is caused by a number of economic and social factors.
Economic factors:
Stable economic growth: Turkey is one of the fastest developing economies in the sector and is creating a favorable environment for the growth of the real estate market.
Low interest rates.
Infrastructure investments: The Turkish government is investing heavily in the development of statistics that improve living conditions and increase the attractiveness of regions to property buyers.
Social factors:
Growth of the tourism industry: Turkey aims to attract tourists, which creates an increasing demand for rental and investment properties.
Increasing interest of foreign investors: Foreign investors are increasingly interested in the Turkish real estate market due to advantageous purchasing conditions and high yields of objects.
Development of the urban environment: The development of the urban environment and increasing the comfort of urban living create an increasing demand for real estate in city centers.
Thus, the real estate market in Turkey represents a promising and fast-growing part of the economy that can offer opportunities and favorable conditions to investors and buyers.