Turkey House Prices Increased 5 Percent In A Month

Gonenc Real Estate Company new housing price Index in Turkey announced that the March 2020 results have been as expected. Turkey brand-new houses prices in the real estate market in March increased by 5%. According to the REIDIN-GYODER New Home Price
MARMARIS, Turkey - April 22, 2020 - PRLog -- Pandemic Crisis Affected All Markets

COVID-19 which affected the whole world and caused thousands of people to die, deeply affected the economic social life. How we will live again returned to the old days after the epidemic disease is overcome? What will change? How will the balances be re-established in the world? We will undoubtedly get answers to these questions over time. We will all learn by living together.

The question of what happens in the Marmaris Real Estate market concerns us from the second stream. As Gönenç Real Estate Company, which has been following the market in Turkey Now let's look at the pre-coronavirus market conditions and prices of our district Marmaris. In the first quarter, we analyze the situation and share it.

Market Before Coronavirus

The summery property of the district, which is experienced throughout all the year, has changed. Because now there is a settled life. When the summer season comes, every year the summer holiday was going to Marmaris. When the season was over, the number of permanent inhabitants would decrease by %75.   Now it has been seen that 100.000 registered population are living in winter.

Marmaris is a tourist holiday address that is permanent accommodation in summer and winter. Continuous demand caused housing prices to go up. However, the main reason is the increase in housing costs and land share costs.

What Is The Real Estate Prices in Marmaris Turkey?

2 + 1 new apartments close to the beach find buyers for £ 55-950,000.  3 + 1 residences are offered to the real estate market with a sales tag of £ 100,000-250,000. For second-hand villas, they are traded on the market from £ 200,000. It determines the price, quantity, quality and location. In this style houses with sea view, the price is higher. The most important reason for this high housing prices is the location. We have a look at it as a good development to not maintain interest in stable rates in the market deteriorated. However, if the exchange rate has continued to rise up in housing prices will be increased is seen as inevitable.

If you would like further info on real estate market news or would like to register your Turkish property for sale, please contact Gonenc Emlak. (http://www.gonencemlak.com.tr/en/contact-us)

Kemal Gonenc
Email:***@gonencemlak.com.tr Email Verified
Tags:Real Estate Turkey
Industry:Real Estate
Location:marmaris - Mugla - Turkey
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