The real estate sector in Turkey after the presidential elections

After the end of the presidential elections in Turkey in 2023, the real estate sector has undergone drastic changes and tangible economic impacts and what is the future of real estate ownership and investment in Turkey after President Erdogan chose the country and granted the parties seats in Parliament? There are many indicators that point to tangible changes in the Turkish real estate market, so what is the future of the real estate sector in Turkey and what are the effects of these changes on real estate investment? Let's take a deep look at the real estate sector in Türkiye after the presidential elections.

Economic stability positively affects the real estate market

The stability and development of the Turkish economy is one of the important indicators affecting the real estate market in Turkey

The Turkish government is working to invest in the real estate sector and provide facilities and incentives to investors, which leads to stimulating real estate investments and increasing demand for them.

 It is expected that the demand for real estate in Turkey will increase due to the high population density, tourism, study and work, and this will lead to an increase in sales volume and prices.

Expectations indicate continued economic growth and gains in investment returns in real estate in the coming period, which makes the time appropriate to search for real estate to buy.

 However, the Turkish government faces challenges regarding real estate regulation and increasing real estate supply, and this may lead to some decline in prices and sales for some periods.

Expectations of high demand for real estate due to the high population density, tourism, study and work

The real estate market in Turkey includes a variety of real estate options, such as apartments, villas, high-floor buildings, innovative residential units, and others.

The real estate market in Turkey enjoys a strategic and central location, in addition to a high population density and since Turkey has a unique geographical location, the demand for real estate in attractive places like Istanbul, Antalya and Bursa is growing increasingly and will continue to rise in the next two years.

 Updated laws protect investors in the real estate market in Turkey, building permits are given periodically and protection is provided for real estate ownership and investors' money.

 The real estate market in Turkey enjoys a rapidly growing rental system, and there are many promising options for real estate investments.

 The real estate market in Turkey has positive and promising expectations in the near future in light of the recovery phase that the real estate market is going through in Turkey.

The potential for continued economic growth and its impact on real estate investment returns

Real estate investment opportunities in Turkey are encouraging after the Turkish presidential elections and among the reasons that encourage investment in real estate in Turkey is the continuous level of economic growth over the past few years and according to the available statistics, the average GDP growth rate was 5.6% from 2002 to 2016 and in recent years it have witnessed a strong improvement in the GDP, and this trend is expected to continue.

Moreover, the increase in foreign direct investment in Turkey and the development of infrastructure make Turkey a suitable investment environment and provide important opportunities for investment returns in real estate and prices are expected to rise in the short term with the continuation of economic growth, but care must be taken in investing in real estate in the long term to avoid the risks resulting from fluctuations in the market.

The increase in real estate supply and the challenges of real estate regulation

-Turkey witnessed an increase in real estate supply as a result of the high demand for real estate and real estate companies constructing more residential and commercial complexes in various Turkish cities.

- Excess real estate supply is a challenge for the Turkish government, which is working on real estate regulation and ensuring a balance between supply and demand.

- Campaigns have been launched to remove random buildings that violate real estate laws in order to ensure the safety of buildings and organize the real estate sector in Turkey.

- The Turkish government imposes fees on vacant properties that have not been used for long periods, with the aim of encouraging owners to use or sell them.

- The number of properties for sale in Turkey has increased dramatically over the past year, which pushes prices down and reduces returns on real estate investment.

- The Turkish government needs to find appropriate solutions to control the real estate increase and ensure the continuity of economic growth in the country.

Real estate prices in Turkey after the Turkish elections

Due to the political and economic stability in Turkey after the elections, the demand for real estate in the country is expected to increase.

Due to the high population density, tourism, study and work in Turkey, this demand may be reflected in real estate prices in the country.

 Turkey's economic growth is expected to continue after the elections, which could lead to higher returns on investment in real estate.

 Real estate offers may increase in Turkey after the elections, presenting a challenge to real estate regulation in the country.

 Is the time right to buy real estate in Turkey? It may be a good time to buy real estate in Turkey after the elections, due to the positive outlook for the real estate market in the country.

Is the time right to buy real estate in Turkey?

Many wonder when is the right time to buy real estate in Turkey? Here is some reliable information:

Economic stability positively affects the real estate market in Turkey and thus, now is the right time to buy real estate.

Turkey is witnessing an increase in real estate supply during the current period and this could lead to lower prices in some areas, making buying more attractive.

Experts expect the continued growth of the Turkish economy in the coming period, which will lead to an increase in investment returns in real estate.

Türkiye is witnessing an increase in the number of residents, tourists, students and workers and this is considered a strong driver of demand for real estate in the current period.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkey is only a way to gain Turkish citizenship or real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

Related articles:

Renewal of real estate residence in Turkey 2023
Cheap villas in Turkey for sale 2023
Buying real estate in Turkey in installments
Endless options within the Turkish real estate market
The fastest way to obtain Turkish citizenship
Apartments for Sale in Istanbul
Successful real estate investment in Turkey 2023
Luxury real estate for sale in Istanbul 2023
Buying real estate in European Istanbul 2023
Obtaining Turkish Citizenship Through Real Estate Investment
Real Estate Investment in Istanbul 2023
Types of Turkish passport and the characteristics of each
Feature of residential apartments in Turkey
Advantages of buying a property in Turkey with Ist Homes
Commercial lands for sale in Istanbul

#Istanbul_apartments   #real_estate_investment
#Turkish_citizenship   #Turkish_real_estate   #Isthomes