Attitudes of Businessmen and Officials to the Real Estate Property in Turkey

Attitudes of Businessmen and Officials to the Real Estate Property in Turkey
8 March 2019

The increasing demand for the real estate property sector in Turkey motivates and prompts to the many businessmen and officials who are aware of the positive effects of this demand to the national economy. Most domestic and foreign investors aim to buy houses, apartments or villa-type residences in Istanbul and the regulation and development transactions regarding the laws become even more important. Regulation and development transactions regarding the laws encourages domestic and foreign investors to buy houses for sale in Turkey.

Therefore, demands for large cities like Istanbul highly influence on the real estate property sector and economic conditions in this respect.

The Spring Months, the most ideal months for the investment, are the months of high competition

The spring season that is the busiest period of the real estate property sector in Turkey, creates competitive environment for many domestic and foreign investors. In these spring months with warm weather, the investors are almost competing with each other in order to buy houses for sale in Istanbul.

As the spring months are convenient to experience the transportation and the country, many investors are waiting for this season in order to make investment. Therefore, in the spring season when the demand is increasing, the prices of houses for sale also changes depending on the situation.

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