Turkey’s real estate sector keeps growing rapidly. Mega cities like Istanbul, Ankara and Izmir are focal points for foreign and citizen investors, thus the prices, especially for the properties in Istanbul increase day by day.
Real estate in Istanbul is in the leader position for prices. The House prices in Istanbul increased 2,57% on September, 2015 compared to previous month and the prices are 26,38% higher than the September,2014. At this rate, the city is always be one of the hottest spots for investment opportunities. Every year new housing projects with various types of concept are being built and the city is expanding even more. The urban transformation has been going for couple years and it is causing a renewal in the central districts as well. With this renewal process, lots of new luxury properties in Istanbul find a spot to be constructed and increase the general real estate prices in the districts.
The Investors who see these opportunities and act early on ensures a solid profit in both long and short term.