Expected record sales in the real estate market after the closure period and the return to life

Expectations of great sales in the Turkish real estate market after the closure period in Turkey

Expected record sales in the real estate market after the closure period and the return to life

Expected big sales in the real estate market after the closure:

Real estate sales in the Turkish market achieved great numbers in the first quarter of 2021, as 9,877 properties were sold despite all the conditions imposed by the pandemic.

According to official data, the real estate sector in Turkey witnessed a recovery last March after two months of decline, as sales increased by 39.9 percent compared to March 2020, and the sale of real estate to foreigners in Turkey reached 4 thousand and 248 last March.

The country had a period of stagnation in the real estate market in the second quarter of the year 2020, and it was due to the complete closure due to the state of fear that pervaded the world due to the spread of the virus.

Receiving the upcoming period with optimism with record sales:

The attention of real estate experts is directed to expectations of great demand and record sales after the closure period in the Turkish real estate market.

These expectations coincided with the opening of the country after the complete closure imposed by the Turkish government in the period from April 29 to May 17 of the year 2021, which heralds a great sales movement in the real estate sector, especially that this time is the best time for real estate sales in Turkey.

Mr. Hakan Bocak, director of a real estate company in Turkey, made a statement to the famous newspaper, Emlak Khebri, by saying:

: "The real estate sector promises record sales after the end of the closure indicated by the great demand that it is witnessing during it."

Tourism season in Heaven on Earth:

The tourism season promises to receive hundreds of thousands of tourists and visitors to Turkey, especially after the restrictions were lifted in most countries after the spread of the anti-virus vaccine and the vaccination of a large part of the globe. Mr. Hakan said:

The period following the closure is the most important in the real estate market season, as it coincides with the tourist season, which is very popular in Turkey.

This is something that workers in the real estate market realize a lot, as they are preparing to receive the expected great momentum of the real estate market.

He also said: It is expected that the number of apartments sold in Turkey will reach 15 thousand apartments.

The digital market and the foreign investor:

It is now possible for investors and those wishing to own to obtain the title deed formally and legally from a distance and to conduct all transactions related to real estate and Turkish citizenship, up to obtaining a Turkish passport.

Mr. Bocak said that it is now possible for a foreign investor to own his property and conduct all transactions to purchase and obtain Turkish citizenship remotely without bearing the burden of travel.

He added, "A lot of real estate transactions have been completed remotely, and investors have obtained a Turkish passport while they are in their countries."

The period after the closure and the decrease in the number of injuries:

In another statement, he said that the real estate market in general, and apartments in particular, will witness a great turnout from foreign investors after the decrease in the number of injuries and the easing of residency restrictions in the country.

He also said that the complete closure will have positive effects with a decrease in injuries, which will lead to the easing of restrictions among the countries of the world and thus reflect positively on real estate investments.

He also added that investors from Arab countries and Pakistan also have the largest yield from investors.

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