Turkey

1. Growing Demand for Properties in Coastal Areas

In 2024, there is a noticeable increase in demand for properties in popular coastal destinations like Antalya, Alanya, Bodrum, Fethiye, and Marmaris. These areas offer ideal conditions for both tourists and long-term residents. Beautiful beaches, a warm climate, and high demand for vacation rentals make these regions attractive for purchasing real estate in Turkey.

2. Increased Interest in Eco-Friendly and Modern Projects

There is a rising demand for eco-friendly and energy-efficient properties in Turkey. Green buildings with solar panels, heat pumps, rainwater harvesting, and eco-friendly materials have become highly sought after. These properties not only contribute to sustainable development but also lower energy costs and increase property value over time.

3. Growing Demand for Residential Properties in Cities

Cities such as Istanbul, Ankara, and Izmir remain popular among buyers looking for stable rental income. The demand for smaller apartments and flats for rent continues to rise, making these areas attractive for investors seeking steady returns.

4. Increasing Trend for Luxury Properties in Turkey

With the growing interest from international investors, especially from Russia, the Middle East, and Europe, the demand for luxury properties in Turkey is on the rise. Exclusive villas and apartments in regions like Bodrum, Çeşme, and Antalya are highly sought after for their stunning sea views, pools, private beaches, and luxurious amenities.

5. Technology’s Role in Real Estate

Virtual tours, 3D visualizations, and drone photography have become common tools for presenting properties. These technologies allow both buyers and investors to make informed decisions remotely, increasing the efficiency of the purchasing process and reducing the need for physical visits.

6. Rising Demand for Properties for Digital Nomads

Due to the rise of remote work, Turkey has become a popular destination for digital nomads. Istanbul, Bodrum, and Antalya offer a great quality of life, affordable real estate, and ideal conditions for living and working remotely, making them top choices for those looking to work from a beautiful location.

7. Low Mortgage Interest Rates

Turkey is currently offering attractive mortgage loans with low interest rates, accessible even to foreign buyers. This makes purchasing real estate in Turkey an even more appealing option, especially for investors seeking relatively low financing costs. This trend contributes to the stability of the market and attracts more international buyers.

8. Real Estate Investment in Northern Cyprus

In recent years, the real estate market in Northern Cyprus has grown, becoming increasingly popular among foreign investors, especially those looking for affordable properties and beautiful seaside locations. With relatively low property prices, this area offers great investment potential for the future.

The real estate market in Turkey in 2024 is dynamic and full of opportunities. From eco-friendly projects to luxury villas, Turkey continues to attract investors and buyers alike. With favorable economic factors, growing demand, and technological innovations, Turkey remains a highly attractive place for real estate investments.