Favorites
WhatsappSend mailSend Viber message
+90 530 249 53 23

Detached Houses in Turkey
Increased by 156.6% Compared to 2020!

The number of detached houses for sale in Turkey increased by 156.6% compared to 2020. The number of detached properties licensed in the January-June of 2021 raised by 156.6% compared to the same period of 2020.

The number of complexes for which construction permits were issued by municipalities was raised in the January-June period of 2021.

While licenses were taken for more than 63,000 buildings in the first 6 months of the year, the number of detached houses in these licenses attracted attention. The number of licensed detached properties increased by 156.6% compared to the same period of 2020, with the effect of the Covid-19 pandemic.

 

328,000 New Houses per Month

 

In the 6 month period, licenses were gained for the construction of 63 thousand 401 complexes and 328 thousand 42 apartments. In the same period of 2020, the number of buildings licensed was 33 thousand 653 and the number of residences was 219 thousand.

The total surface area of the buildings, for which construction permits were given in the January-June 2021 period, was 65.4 million square meters. Of this, 38.5 million square meters were recorded for housing, 14.4 million square meters for non-residential areas and 12.5 million square meters for common-use areas.

Residential complexes with two or more apartments accounted for the highest share with 47.1 million square meters according to their intended use. This was followed by residential buildings with one apartment and 4.8 million square meters of shares.

 

A Great Interest in the Construction of Detached Houses in Turkey Real Estate Market

 

When the details of the licensed buildings were evaluated, it was seen that the private sector showed a high interest in the construction of detached houses.

In the first half of 2019, licenses were taken for 6,868 single-floor residential buildings, that is, detached houses, while in 2020 this figure was approximately 9,000.

In the first 6 months of 2021, the number of single-floor detached buildings for which licenses were obtained increased by 156.6% t to 23 thousand 164. The share of detached houses among all building types such as residences, offices, hotels, hospitals and warehouses increased from 4% in the first 6 months of last year to 7.4% in the same period of this year.

With the effect of the pandemic and earthquakes, the expectations of consumers from housing have changed, and the demand for low-rise and detached houses has raised in 2021. The figures also show that the demands of local and national real estate buyers have shaped the new housing production of real estate companies.

OTHER NEWS

Investors’ Eyes Are on Turkey

in Real Estate Sector

According to both Turkish media and foreign media outlets, domestic and foreign investors’ eyes are in Turkey, especially in the sector of real estate. In recent years, there has been a growing ...

Turkey Unveils

Its First Domestic Car

Turkey unveiled its first electric car produced domestically. The first prototypes were unveiled in a magnificent ceremony in the northwestern town of Gebze. President Recep Tayyip Erdogan drove the p...