In 2015, the property sector has experienced such a period in which the sales expectations and the planning speed were affected by the two elections. However, this previous year was not able to give the expected results unfortunately. This situation has started to change with the mobilization having happened in the last quarter of the year which means that the new year has started with a recovery in fact.
So why you should invest in Turkey in 2016 then? As known, Turkey has become one of the most demanded countries in the field of real estate investments especially among the foreign investors. The country is quite valuable because of having such a unique location and many more interesting and important features. Here are some reasons for you to invest in Turkey in 2016.
1. The interest will grow.
It is already known that the interest of both local and foreign investors is able to be seen clearly in Turkey since Turkey offers many suitable conditions for sales and many more facilities in the field of real estate. It is reported that the property sales have dropped off in the first two months of 2015, however, 106.008 properties were sold throughout Turkey in November. This number has showed an increase of %2,1 when compared to the previous year.
2. New projects will emerge.
With the on-going urban transformation process and the other new construction projects, the real estate sector of the country is expected to rally more and more in the upcoming year. In addition to these new upcoming projects, the projects that are being construced since 2015 such as Yavuz Sultan Selim Bridge, the Third Bridge, the new metro lines and many more things will have a great positive effect on the future of the real estate sector of Turkey.
3. The value of the investment will continue rising.
The professionals and the agents of the real estate sector have accepted the fact that the value of the property investment in Turkey will rise which means that there will be more investors who are willing to buy property in Turkey. There is a hopeful look through the future of the real estate of the country. The rise of the value of the investment will result in more offers by both foreign and domestic investors in 2016.