Skip to content

Prices for land plots in Turkey increased over the summer by 35 percent and more

 

In three summer season months, land costs in Turkey have elevated by 35 % in comparison with the identical interval in 2019. Over the summer season 2020. All land plots had been offer in Turkey for 89 billion TL and the demand for plots stays significantly excessive. These figures are given by Emlak Kulisi. The development and actual property newspaper in Turkey. The biggest variety of land plot gross sales was record in Istanbul (by 15.3 billion TL). Ankara is within the second place with 7.5 billion TL, whereas Izmir is within the third place (5.6 billion TL). In some Turkey’s cities and provinces. The demand for land elevated two to a few instances over the summer season and costs rose by 35 %.

 

What varieties of land plots is in demand? Consumers have an interest not solely in land plots situated in massive cities with a excessive inhabitants density but in addition in Turkey’s coastal and rural areas.

 

Kurtulus Altun, CEO of Turkey’s on-line actual property change GABORAS (GOS):

“Because of the coronavirus pandemic, many buyers have begun to desire small cities and secluded resort villages to fashionable cities. From June to August 2020, the demand for land in Turkey elevated by a median of 83 % in comparison with the identical interval final 12 months. In Sinop province (which leads within the variety of land gross sales). The demand for plots elevated by 295 %, in Kilis – by 242 %, in Kirikkale – by 238 %. The price of land plots elevated throughout this time on common all through the nation by 35 %, the best worth improve was record in Sinop (82 %), Yozgart (79 %), Ardahan (75 %), Tunceli (70 %).”

 

The knowledgeable additionally famous that the transition from city to rural way of life in Turkey. Will proceed and the demand for land will stay excessive for the foreseeable future.

 

Share

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Share on print
Share on telegram

Buyer
Guide

Popular Posts

Demand for houses with balconies and a garden in Turkey increased by 233 percent

  The coronavirus pandemic continues to have an effect on the preferences of property consumers in Turkey. In the present day, the best demand is
Read More

Over 60,000 real estate agencies work legally in Turkey

  Turkish Commerce Minister Rushar Pekcan said that with the adjustments within the guidelines of actual property commerce. Solely licensed brokers and businesses can be
Read More

Turkey’s provinces with lowest growth rate of real estate prices revealed

  Over the previous six months of the mortgage increase and the associated rise in property gross sales in Turkey, housing costs in some provinces
Read More

Last Properties

REQUEST MORE INFORMATION ON PROJECTS

Please complete the form below to get in touch with the team. We will never share your details with anyone else.

What Happens Next ?

  • As soon as we receive your inquiry, we will assign it to our property expert.

  • Our expert will contact you shortly to give you all the information you need.

  • We will also send you the FREE buying Guide as a Thank you!