Buyers of real estate in Turkey are watching with pleasure how their square meters are becoming more and more expensive. The process is particularly noticeable in the main metropolis - Istanbul, which is experiencing a building and investment boom. The owners have at least 5 reasons to enjoy, writes ee24.com citing universal21.com.
Firstly, the Republic's economy is being restored. Over the past 6 months lira remained stable, while the GDP increases. Second, the real estate market in Turkey is the fourth in the world and second in Europe by the prices growth.
Thirdly, the indicators of foreign tourism, and fourthly - the indicators of foreign investment are encouraging. So, in June passenger traffic at Istanbul airports exceeded 16 million people, which is an absolute record for this month. Besides, the third airport is being built, and it will be the largest of three. Foreigners not only come to the country, but also actively buy real estate: sales increased by 2.5 times.
Finally, fifth, infrastructure projects accelerate the growth of real estate prices in Istanbul. Last year the underwater tunnel was opened, and this summer the railway from Istanbul to Ankara has started its operation.