Foreign and domestic real estate investors continue to invest in Turkey property. Investors prefer Istanbul, especially for luxury real estate investment.
The Covid-19 epidemic did not prevent investments in Istanbul, one of the world's favorite cities. According to the news in Milliyet; foreign real estate investors and buyers, as well as domestic investors, are following Istanbul real estate market with high interest.
Great demands continue, especially in luxury real estate purchases from Europe, Turkic Republics and the Gulf region. Turkey has reached historical peaks in real estate sales for foreign investors.
This is extremely pleasing for the real estate market; also promising for the future. If the sales with Premise of Sale Contract and Deposit since May are included, approximately 10 thousand houses were sold in total.
In addition, five years ago, just Arab investors invested in real estate in Turkey, but today Turkey has come to the point where investors from 80 different countries can meet their real estate needs.”
A few years ago, the investment demand from Europe, America and UK was predominantly Muslim investors, but now, especially American, Canadian and British investors follow Turkey real estate with high interest.
Istanbul is actually a center of attraction for all citizens of all countries. For example, Arabs and especially Kazakhs prefer luxury districts. While the Russians show great interest in Alanya and Fethiye, the Turkmens love the Mersin and Adana provinces.
Iraq citizens prefer to invest in the Mediterranean regions. Another favorite region of the Arabs is the Black Sea and especially Trabzon. Of course, foreign real estate investors show great interest in the new housing projects, especially in branded projects.
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