Advanced Search

€ 0 to € 1,500,000

we found 0 results
Your search results

Real Estate Market in Turkey

Posted by Alper.Ocakli on July 25, 2015
| 0

Real Estate Market in Turkey

  • Residential real estate demand is triggered by population growth, household rate and high proportion of young population
  • Total residential real estate stock is ~17 million units (Building count in year 2005)
  • Severe housing shortage, estimated around 180.000 units per annum
  • The volume of housing loans in 2005 reached to 10 billion €
  • Introduction of real estate mortgage system by mid 2007, stimulated the demand for housing and drive house prices upwards
  • Increase in construction permits in recent years, rise in new stock
  • Rising demand in Antalya – Kemer – Alanya – Belek-Side for luxury serviced apartments
  • The new Gazipasa airport (45 km east of Alanya) to open in August 2008, has already effected the land and real estate prices of Alanya region
  • Rising interest of Europeans for residential residential developments in Mediterranean coast.
  • Total market size is estimated to be 25.000-30.000 units per annum ( 2,5-3 billion Euro)
  • There is room for retail industry to grow further, young and growing population with increasing income per capita
  • Expected shopping center supply is 1.5 million sqm by 2010
  • Yields are expected to compress due to both rising land values as well as due to rising investor interest
  • Office industry promises high rental growth and room for further grow with increasing number of global companies from different sectors entering the market
  • Economic and social trends will continue to shape the residential market in Turkey
  • Turkish real estate market will continue to represent fantastic value for money compared to its rivals


bts light stickbts official light stickbts light stick ver 4bts light stick ver 3bts dollsbt21 plushiesbts hoodiebts jacketbt21 hoodiebts shirtbt21 shirtbts dynamite merchandisebts dynamitebts dynamite merchdynamite merchbtsbts official shopbts storebts merchbt21 store

Compare Listings

Start a Conversation

Hi! Click one of our member below to chat on Whatsapp

Whats App

Whasapp Chat

online