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Property Prices in Turkey – 75% increase in 4 years !!!

Property prices in Turkey have increased by 75.6% in just the last four years.Turkish property market has been largely driven by increased mortgage lending, growing urban populations and sound economic growth.

The country with the second highest growth rate was Ireland, where the cost of an average home has increased by 34.3% since 2012.

According to the report, the growth in the Turkish property market has been largely driven by increased mortgage lending, growing urban populations and sound economic growth.

Where to buy property in Turkey? According to statisctics published to Turkish real estate assocaition Alanya Antalya Fethiye is most popular destinations in Turkey.

Property Prices in Turkey

 

How much do houses in Turkey cost?
Istanbul hasTurkey’s most expensive housing, with an average house price of TRY 5,221 (US$ 765) per square metre (sq. m.) in Q1 2020, according to the CBRT. Nationwide, the average house price was TRY 3,104 (US$ 455) per sq.

 

 

Housing Index in Turkey increased to 149.90 points in October from 146.70 points in September of 2020.

The Turkish lira crossed past 7.3 per US dollar, touching its strongest level since last August,

Property Prices in Turkey Housing Index October from 146.70 points in September of 2020.

Property Prices in Turkey

Property Prices in Turkey

Turkey is one of the most beautiful and fascinating countries in the world. Modernising at a rapid pace, it’s now the only secular Muslim country and combines a heady mix of east and western cultural influences.

The country has been inhabited for over 10,000 years, with many of history’s greatest civilisations calling Turkey home.

You can find wonderful ruins (from Troy to Side), ancient churches, forts and castles all throughout Turkey.

It is an incredibly friendly country, even in the bustling streets of Istanbul. Head to the smaller villages on the Turkish coast and you’ll find the communities warm and welcoming.

Turkey’s 800km of shoreline is lapped by four different seas, making it a dazzling place for beach property and fun in the sun.

Resorts and villages such as Altinkum, Fethiye, Antalya, Marmaris and Bodrum attract thousands of people every year for summers by the sea and property in Turkey is as varied as the country itself.

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