Istanbul Property Prices 2014

According to the central bank report, Istanbul property prices increased by 20 percent compared to the last year. 

The Data shows that THPI increased by 1.62 percent on a monthly basis and reached to 157.92 in June. Compared to the same month of the last year, in June 2014, THPI increased by 13.99 percent and by 4.42 percent in real terms. While house prices per square meter was 1,239.07 TL in 2013 June, and it reached to 1,405.43 TL in May of this year. 

New Housing Price Index (NHPI), that is calculated by analyzing valuation reports of newly built houses in last two years in 37 provinces of Turkey, rose by 1.54 percent in 2014 June compared to the previous month. Compared to the same month of the last year, in June 2014, index increased by 13.59 percent and by 4.06 percent in real terms.

For Turkey’s three large cities, house price indices increased by 2.35 percent, 0.76 percent and 1.69 percent in Istanbul, Ankara and Izmir, respectively, in 2014 June compared to the previous month. Compared to same month of the last year, index values rose by 21.38 percent, 10.27 percent and 12.95 percent in Istanbul, Ankara and Izmir, respectively.

Expected Property Price Increase in Istanbul !

Property investors have to be quick investing in Istanbul !

Till to the beginning of June, there is a property price rise expected up to 15% for new developing Istanbul projects.

The reason is very certain why the property prices will go up that THE PRICE OF IRON has increased from 800 TL up to 1300 TL at 30%.
To have a profitable return on investment in short term, this is a fantastic opportunity for early bird investors who would like to benefit from this news.

Please contact us to learn which developments bring the most profit till the completion.

Prefabricated Housing in Istanbul

Prefabricated Housing Solutions in Istanbul For Middle Income Land Owners !

Nowadays, the land owners are offered a very practical way of owning property on their currents lands as fast as possible. Starting from 18.000€ for a 100m2 detached flat , the producer has been offering also dublex options with 150m2 for 30.000€. May be the best way to own a house in Istanbul is to buy a land first in a nice location and then get your own prefabricated house in a month time.  Its also guaranteed that the properties are heating and waterproofed.

Property Purchases Increased at 25%

NOW TIME TO INVEST IN PROPERTY IN TURKEY !

Compared to 2008 last quarter , the number of property purchase increased at 25% in the last quarter of 2009 declared by government.

No doubt that the numbers will go higher level in 2010 expected to be '' the year of buying property in Turkey ''  

The reason is obvious that the discounted prices, campaings and tough competition between construction companies.