What is the outlook of İstanbul property market?

7 April 2019

International financial & real estate experts such as Deloitte, HSBC, Bloomberg, KPMG and Knight Frank are expecting property prices in İstanbul to keep soaring up in the next 5 year period due to below reasons:

  • It’s now cheaper and faster to build new properties thanks to improved construction technology
  • Increasing house prices driven by the demand & young population
  • Rising foreign demand in Turkish property market
  • Actual and forecasted record levels of tourism in Turkey
  • Extremely healthy economic conditions of Turkey