Following the elections carried out on June 7th and the summer season, it is expected that the real estate market of Turkey will get into action more and more after the November 1 elections. But still, many investors and real estate and property experts wonder how will the latest Turkish election affect the real estate market of Turkey.
Many real estate representatives and experts indicate that the real estate market of Turkey will liven up as a consequence of the elections that are held steadily in Turkey, especially the latest election held on 1st November.
According to the researches, it is said that these events will have a positive effect on the properties in Turkey and they will raise the value of them. This increase in value to be recognized on the properties is predicted approximately around 25%. Many foreign investors, most especially from the Middle East, think that Mr. Erdogan’s party’s rise in the elections will help the interest for the real estate market of Turkey increase.
The real estate season has started in a good way, however, it seems that these new incidents will be able to boost the demand for the property.