Property for sale in Turkey
The Turkish economy, which passed healthily last year, registering a growth of 7.4% in 2017, has the time to grow above the forecast in the first quarter of 2018. Investors interested in property for sale in Turkey are optimistic and data on the consumer are important.
Political uncertainty is eased after the presidential and parliamentary elections in June 2018.
However, besides the increase in inflation, the Turkish lira lost 22.8% of its value compared to the USD month of the year.
In terms of volume of transactions and supply, the real estate market of the city of Istanbul
is a third of the entire Turkish market. The yield on real estate investment is the ratio between the value of real estate sales the rent. Any percentage decline in this ratio within a certain period indicates that sales values have increased more rapidly of the rents; on the contrary, an increase in the ratio indicates that sales values they fell earlier than rents.
We believe that the crisis in the residential market is outdated with the assistance of public sector institutions that build housing aimed at medium and low income groups in which the demand is
concentrated. For this reason is a good moment for buying property for sale in Turkey.
Improving conditions for Turkey's fast-growing middle class favored domestic demand for real estate. Turkey's young life is increasingly educated, leading an innovative and ambitious workforce.
Available for free, driving the appetite for consumer goods, holidays and, of course, real estate. The government is fueling the domestic buyer sector, supporting banks from within low interest rates, low deposits and high funding rates.
Domestic demand has a positive effect on investors. The investor who will buy property for sale in Turkey in 2018 will sell a proven market from home in three or four years, earning a respectable profit.
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