Housing Prices Across Turkey Have Gained 29,7% Value Increase in the Recent Year!
TURKSTAT (Turkish Statistical Institute) has declared the housing increase report of Turkey. According to the statement, 134 thousand 731 houses were sold in June. According to the results of the data, house sales increased by 127,7% compared to the previous month. While these figures increased compared to the previous month, they decreased by 29,1% compared to the previous year.
While Istanbul has a share of 19,2% with 25 thousand 883 sales in the housing sales rate, the housing sales in Turkey were stated as 29,7%. 134,731 houses were sold in Turkey in June in line with the data of the Turkish Statistical Institute (TUIK / TURKSTAT). While Istanbul was the district with the highest housing sales, Ankara and Izmir came after Istanbul.
• 25,833 houses sold in Istanbul with a share of 19,2%
• 13,401 houses sold in Ankara with a share of 9,9%
• 7,522 houses sold in İzmir with a share of 5,6%
Aydin, Mugla, and Antalya Provinces with the Highest Increase in Value
Aydin, Mugla and Antalya were among the provinces with the highest value increase in terms of housing sales in June. The housing sales increased by 57,6% in Aydin, increased by 55,9% in Mugla and by 44,2% in Antalya.
Turkey is among the countries with the highest real estate sales. While Istanbul is the leading city in housing sales density; there are high sales figures in provinces such as Antalya, Bursa, Izmir, and Bursa. Turkey is among the most popular addresses by foreign investors who want to invest. It is among the countries that come to the fore for investment with its geographical location and cultural wealth.
Housing sales to foreign citizens increased by 185,3%
Real estate sales to foreign citizens continue rapidly in Turkey. Compared to the housing sales of the same month last year, the rates increased by 185,3% and run to 4,748. Housing sales to foreigners increased by 43,7% between January and June compared to the same period of the previous year and reached the figures of 488.
When comparing the last year, we can say that the house sales decreased by 11,5% between January and June and reached the figures of 552,810. In the same period, mortgage sales decreased by 60,9% to 104,168 while other sales rates increased by 25,2% and reached 448 thousand 642. The number of new houses sold was determined as 167 thousand 878 with a decrease of 15,1% and the sales of pre-owned houses as 384 thousand 932 with a decrease of 9,9%.
Why Should You Invest in Turkey?
Turkey is home to a rich civilization with many diversities, especially Istanbul. Investing in Turkey in such an ambiance allows investors to always earn profits. Turkey which is among the countries where foreign housing sales come to the fore, attracts the attention of capital owners with its cultural richness. Foreign citizens who want to buy a house give special attention to mega cities like Istanbul where their investment will turn into an opportunity.
Turkey is among the leading countries of the world, and among the leading addresses of the developing real estate sector. The ever-developing construction industry meets the expectations of investors who want to buy a house with its innovative structure that keeps up with technology.
You want to have a house in Turkey however you do not have accurate information about how to proceed… If so, you can contact real estate platforms. Consultants serving in real estate agencies will share detailed information about how you should invest in which region.
Your New Investment Address: Platin Property
Platin Property which is one of the most popular addresses for those who want to invest in Turkey, is among the companies providing real estate services. The Turkish real estate sector continues to host major projects. You can have the most suitable house for your budget and living standards by taking advantage of this opportunity.
Platin Property, which is among the most preferred real estate companies in Turkey because of its sectoral experience, is among the companies that carry out the after-sales process in the most effective way. If you want to invest or buy a house in any region of Turkey, you can contact us and take advantage of our industry experience during the whole purchasing process.