Skip to main content
Image
By



Real Estate Sector in Turkey

The Turkish real estate sector, offering ever-greater opportunities for investors every year, has come to prominence especially in the last decade. Although with the recent economic crisis and the global economic recession the European and US real estate markets have been negatively affected, the real estate market in Turkey is still promising. While the reduction in demand and a downward trend in house prices have been observed all over Europe, according to TurkStat statistics Turkey has huge growth potential in the real estate sector.

The entry of global actors into the real estate market is increasing the competitiveness of the sector, while massive mergers and acquisitions taking place help its expansion and overall growth rates. Different surveys and publications such as the “Emerging Trends in Real Estate Europe”, prepared jointly by PricewaterhouseCoopers (PWC) and the Urban Land Institute (ULI), show how global and local interest in the Turkish real estate sector has increased. Meanwhile, Turkey ranks as the 3rd most attractive real estate investment destination among the emerging countries, according to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE).

Reforms have made investing in the real estate market even easier and more profitable. The amendments to the Land Registry Law, the Mortgage Law, and the redrafting of tax laws are also designed to improve the competitiveness of the Turkish real estate sector.

The real estate sector in Turkey also has great prospects thanks to demographic factors that are changing in parallel with improving economic figures. The demand for offices, logistical and industrial areas is expected to increase in line with the increasing number of global and local companies.
Labels:
Location: Antalya, Turkey

Comments

Post a Comment

Popular posts from this blog

International Schools in Turkey

By
You will find below a list of the most popular international and bilingual schools for expats in Turkey with fee information.  It includes nursery schools, primary and secondary (high) schools and you will find the right school to prepare for International Baccalaureate, and other diploma in Turkey.  Some schools will follow the American or British curriculums with English speaking programs while others are regulated under the French, Italian or German education system. Education in Turkey Education in Turkey consists of a network of primary and secondary schools financed and operated by the state. Schooling is free and compulsory for 12 years, commonly referred to as "4+4+4". This means 4 years primary education (lst level), 4 years primary education (2nd level) and 4 years secondary education. Students are generally taught in Turkish . Children begin their primary education in the first month of September following their sixth birthday. A primary education diplo...
4 comments
Read more

27 Delicious Turkish Foods Everyone Must Try part one

By
27 Delicious Turkish Foods Everyone Must Try part one part one 1-9 1.   Menemen This traditional Turkish breakfast item is scrambled eggs cooked in sautéed vegetables and served hot with bread. Dip it, spread it, or spoon it up. 2.   Köfte A Turkish staple, köfte is balls or patties of ground beef or lamb, and can be served stewed, in sandwiches, over salads, or plain with yogurt. 3.   Mantı Mantı might remind you of ravioli at first sight, but the traditional Turkish dish is completely unique in taste and texture. Small beef or lamb dumplings are boiled or fried and served with yogurt or butter, and often accompanied with a range of spices. 4.   Kuzu Tandır The meat for this popular lamb dish is traditionally hung and slow roasted whole, and it often served with rice or potatoes, and yogurt. 5.   Lahmacun This flat and crispy bread is traditionally topped with minced meat, salad, a...
Post a Comment
Read more

Ethnosports festival: A celebration of tradition, Turkish history

By
at a time of rising interest in Turkic and Ottoman history, an Istanbul festival seeks to revive a number of ancient and cherished sports, games and traditions. Ethnosports Culture Festival the brainchild of the World Ethnosports Confederation led by Bilal Erdoğan, an archery enthusiast and son of President Recep Tayyip Erdoğan taps into a renewed passion for history among younger generations. The four-day festival is scheduled to start on May 11 in Istanbul's Yenikapı Square, a vast space befitting the occasion since it also hosted the large crowd that convened after the July 15 coup attempt in 2016 in a sign of unity against the putschists. Here are some of the games that will be featured at the festival: Gökbörü Gökbörü, or kökbörü, is a traditional equestrian sport of Central Asia. Traditionally, the game was played during wedding ceremonies and local festivals, and has managed to survive under the name "catching the prize" in certain regions of Anatolia. ...
Post a Comment
Read more