Turkey's property sector perspectives 2024

Looking into the fickle winds of the world, we ponder the fate of the Turkish housing sector, bound to the tides of fortune. Two crucial factors will determine its course.
As the US Federal Reserve takes its latest steps, a flood of global money will once again flow into the markets, bringing a period of stability. This will favour emerging markets such as Turkey, where access to home loans will become easier and interest rates more favourable. The effects of this shift will become more visible by September 2024.
However, the housing sector has been slow to react: it typically takes a year to adapt. Although recent regulation of overseas buying, selling and renting transactions has cast a shadow over the market, house prices are set to rise in the near term. The influx of money and easier access to credit will re-energise housing investment.

What shall we do then ?

In this contracting market, we have an opportunity to transform Turkey's current and ongoing price decline into a chance to gather affordable offerings. Antalya region, in particular, presents great investment prospects, with foreign sales stagnating and low. We must seize upon these opportunities and make wise use of them, for they could yield 30%-40% profits in the times to come.