Over the previous six months of the mortgage increase and the associated rise in property gross sales in Turkey, housing costs in some provinces have elevated by document 39-50 p.c. Nevertheless, in some cities and provinces, little or no or no rise in value. For instance, the rise in housing costs was solely 10 p.c in Rize, Kyshehir, Yalova, Karaman, Ordu. In some cities of Rize, in Aksaray, Gumushkhan, Sivas, Van, Yozgart and Corum, condo costs haven’t elevated in any respect.
During which province flats have risen probably the most? In keeping with Emlak Kulisi, a specialised publication on development and actual property in Turkey, the best common value of housing was recorded at present in Mugla. It’s 6,500 TL per sq. meter. Within the second place there’s Istanbul (4,300 TL per sq. meter), within the third – Izmir (3,900 TL per sq. meter), within the fourth – Aydin (3,600 TL per sq. meter). The province of Antalya closes the highest 5, the place the common value per sq. meter of housing is 3,500 TL.