Real estate prices in Turkey 2022 and the factors affecting them

January 7, 2022
Realestate

Real estate prices in Turkey 2022 and the factors affecting them

There are many factors and elements of real estate investment in Turkey that make it an essential and influential economic sector in the local Turkish economy. The real estate investment sector in Turkey is also very competitive for the real estate sector in various European and foreign countries of the world… Investors often ask about real estate prices in Turkey 2022 and the factors affecting them.. as the main criterion that determines the financial ability of the investor to buy real estate in Turkey…. How much are real estate prices in Turkey 2022 and what are the factors affecting them! An interesting and important topic that we will address in our article…

An overview about real estate prices in Turkey 2022 and the factors affecting them:

Real estate prices in Turkey vary according to many factors and variables… In general, real estate prices in Turkey are competitive and cheap compared to comparable real estate prices within a European or foreign country…. And this is the main and essential factor for the continued influx of investors from all over the world and their rush to invest and buy real estate in Turkey!

Learn about the factors affecting real estate prices in Turkey:

• The location of the property: the prices of similar properties vary according to the location of the property. And real estate prices in Turkey are increasing the closer the property is to transportation, modern transportation methods, new vital projects in Turkey, urban centers in Turkey, markets, malls, and places of tourism.

• The view of the property: The view that the property enjoys is one of the most important and prominent factors that determine the price associated with the property! Real estate prices in Turkey are increasing as the view expands and becomes more elegant and beautiful, especially if the view is on the sea or creative!

• The real estate area: the real estate prices in Turkey are increasing with the increase in the real estate area. The price of the property with an area of 200 square meters is more expensive than the property with the same specifications, which has an area of 150 square meters!

• Decorations and designs used in building and decorating real estate in Turkey increase its price the more sophisticated and modern it is!

• Type of property, whether residential or commercial.

• Type of the title deed.

• Finishes for the property.

• The age of the property whether it is old or new.

• Modern technologies used in building and designing real estate.

• Services related to the real estate such as cleaning services, security, protection, security facilities, connections…and many other factors…

Tourism in Turkey is one of the most influential factors on real estate prices in Turkey 2022:

It is known that the tourism sector in Turkey is directly related to the real estate sector in Turkey… Turkey is an ancient and modern country at the same time and extends over the continents of Asia and Europe, which gives Turkey a rich geographical and climatic diversity that is reflected in the diversity of natural tourist places in Turkey and It overlooks many bodies of water, especially the famous and well-known Bosphorus Strait, in addition to the ancient historical tourist places with a cultural and archaeological nature in Turkey… There are also many resorts, hotels, restaurants and tourist facilities…so tourists come from all parts of the world to visit Turkey and explore the famous tourist places within it, and this increases the need for tourist real estate and various residential and commercial real estate and others…

Real estate prices in Turkey 2022 and the factors affecting them:

General statistics indicate an increase in real estate prices in Turkey 2022 compared to real estate prices in previous years. Studies also indicate that real estate prices in Turkey will continue to rise in the future, despite all the economic conditions that the country may face. And this is what we witnessed during the year 2021-2022 when the global epidemic Corona spread in Turkey and various countries of the world, and what came with negative results that led to a general closure and a general economic recession! However, the real estate market was not affected, and sales and purchases continued through real estate offices… Real estate prices in 2022 continue to rise, making investment profits in Turkey guaranteed and certain!

Real estate offices in Turkey are the best suitable places to see real estate prices in Turkey 2022:

Companies and real estate offices in Turkey are among the most suitable and appropriate places to see the latest real estate offers within the states of Turkey and the most sincere approved price offers away from the evasions and fraud attempts that may fall victim!

In conclusion, whatever the prices of real estate in Turkey 2022 and the factors affecting them…. Real estate prices in Turkey are still commensurate with their components and competitive compared to other real estate prices in European countries, and this is what makes Turkey real estate a target and goal for most foreign investors, especially since they can apply for Turkish citizenship through real estate investment and buying real estate in Turkey.