Real Estate in Turkey What is the benefit of buying an apartment in Turk | Page 3
Population- the Turkish population is about 76 million, of which 60% are
considered to be of the younger generation. These young people help in
expanding the Turkish economy by setting up new business ventures. The
customs and traditions have changed and the younger people tend to leave
parental homes and settle on their own. This increases the needs for a large
number of accommodation and housing facilities. The central real estate
organization of Turkey reported that the number of properties in Turkey is
facing a shortfall of around 2.5 million.
The place- The technological infrastructure and good transportation system
make Turkey an ideal place for settling down. It has a very big local market
because of the huge population. It is also an ideal place due to the increase
in the number of investors and tourists. The taxes and incentive have also
been lowered to attract a number of investors.
In the past two years, Turkish real estate companies have been competing
in large-scale real estate campaigns that have led to a quantum leap in
apartment sales, local and foreign investors were given the opportunity to
buy comfortable apartments for periods of up to 240 months, making the
search for apartments for sale in Turkey in 2017 and 2018 an option for
those wishing to own and invest.
Apartments prices in Turkey is relatively low compared to the prices of
apartments in other European countries, and the investor can achieve
high incomes relatively risk-free, by investing in buying apartments for sale
in Turkey; Turkish construction companies have set up a large number of
urban projects at all levels and desires to meet all investors needs and
those wishing to own.
Some investors may wonder about the average price of the apartment in
installments in Turkey, and to answer this question we can say that this
varies from one city to another and from one area to another within the
city, but in general, you can afford an apartment acceptable for $ 65
thousand dollars.
In addition, the amazing installment options to suit different times,
including a real estate campaign that has the potential to pay 1% of the
apartment prices, and start paying installments starting in 2019. Real
estate experts predict that the year 2018 will see such campaigns, which
will increase the vitality of the real estate sector in Turkey, and the
demand to buy apartments and investment in Turkey of various types,
especially apartments with wonderful sea views.