Housing in Turkey will rise in price in 2017

Residential property in the Turkish Republic will grow in price - such predictions for 2017 make experts in real estate.

According to forecasts of financiers and specialists in the field of economy, the rise in the cost of housing in Turkey will be about 5%. In popular cities and regions - Istanbul, Antalya, Fethiye, Izmir, Bursa, the increase in property prices will go even more actively.

The experts make such conclusions on the basis of the fact that today in the Republic of Turkey, the implementation of global projects for the construction of new airports, highways, tunnels, bridge crossings, which naturally increases the price of land. The increased cost of land plots affects the price of real estate accordingly.

Other factors affecting the price increase are the construction of new residential buildings, a state program for the modernization of housing stock, an increased demand for housing, a stable growth in inflation, which enables construction companies to increase real estate prices in Turkey.

Forecasts of experts in most cases are justified, therefore it is worth investing now, without waiting for price growth.

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