HOW WILL THE PRICES ON THE REAL ESTATE MARKET IN TURKEY CHANGE IN 2022? Gradually, as the borders began to open and air traffic improved, the demand for housing from foreign investors resumed, and also significantly intensified among Turkish applicants thanks to an unprecedented anti-crisis mortgage program.
Let’s see what affects the pricing policy:
– the prestige of the area
– infrastructure development
– proximity of housing to the sea
– transport accessibility
Accommodation on the first line of the coast is more expensive than similar in complexes further from the coast.
If there is a park or entertainment center nearby, the cost increases.
The presence of an airport or production nearby lowers the price.
At the construction stage, the price will be lower than after commissioning.
The year of construction also plays a role – the more modern the house is, the more expensive the apartments are.
The price is also influenced by the presence of previous owners: secondary housing, of course, is cheaper