Nevita, which has been the reliable address of real estate sales to foreigners in Turkey for the past 7 years, broke a new record with 150% growth in 2021. Specializing in the sale of real estate in Turkey with a value of 1 million dollars and above, Nevita has already started preparations for the year 2022. Noting that with their staff serving in 10 different languages, they reached a revenue of nearly 200 million TL in the luxury real estate market in November alone, Nevita’s Chairman of the Board Faruk Akbal said, “As Nevita, we are getting ready for a record closing, but sales are very high in Turkey as well. Housing sales to foreigners increased by 48.4% in November and became 7,363. This is the highest monthly figure to date.”
Nevita, one of the companies specializing in real estate sales to foreigners in Turkey, has expanded its target. Starting out with a revenue of 15 million TL in 2014 when it was founded, Nevita grew more than 30-fold in just 6 years and carried its revenue to 500 million TL. Nevita, which has realized real estate sales worth 450 million TL in the first 6 months of this year, is preparing to close the year with a growth rate of more than 150%.
Noting that Nevita has risen above the competition and has brought its expertise in sales to foreigners to the luxury real estate market, Faruk Akbal said, “As Nevita, we are getting ready for a record-breaking closing, but sales are very high in Turkey as well. Housing sales to foreigners increased by 48.4% in November and became 7,363. This is the highest monthly figure to date. Sales to foreigners increased by 39.4% in January-November to 50,735. Even though this is an 11-month figure, it is above all previous annual figures.”
Akbal, who stated that increasing confidence along with the sectoral regulations had an effect on Turkey’s increasing performance, said “The valuation system was changed due to fraudulent sales complaints about housing sales to foreigners. Accordingly, with the automatic appointment of an expert for valuation, the possibility of preference has also been brought to the foreigner. These are important developments.”
Expressing that the value of real estate sold to foreigners in Turkey today has reached an average of 150 thousand dollars, Akbal said, “This number is 200 thousand dollars in Nevita. As Nevita, we have created a new structure for the luxury real estate market in order to carry it to a higher level and to earn much more foreign currency for our country. With our Nevita Luxe brand, our goal is is to attract foreign investors capable of buying real estate worth 1 million dollars or more in Turkey.
Turkey Could Be a Center of Attraction
Expressing that England has a great experience and knowledge in real estate sales to foreigners in the world, Faruk Akbal said, “Turkey can be a real center of attraction for foreigners.”European countries have invested in this field for many years. However, foreigners no longer feel comfortable in these countries due to the increasing nationalist movements and increasing Islamophobia all over the world in recent years. Therefore, Turkey has a great opportunity ahead. Turkey is a country that has embraced people of different religions, languages, and nationalities throughout its history. The value of this is also becoming more widely recognized these days. In this changing world, Turkey can be a real center of attraction for foreigners.”
Africa Has Great Potential
Explaining that they provide service in 10 foreign languages, from Chinese to Punjabi, Faruk Akbal said, “Our team can answer 1,000 calls per day. While improving ourselves in terms of human resources, we also focus on continental offices. We opened our office in Pakistan. Our Dubai office will be operational before the end of the year. We continue to work for our offices in China in Asia-Pacific, England in Europe, Johannesburg, or Nairobi in Africa. We see a huge potential, especially in Africa. As of 2022, we will have fully established our intercontinental event organization. When observing specific countries, Singapore, Hong Kong, China, Kazakhstan, Iran, and Azerbaijan are among the most attractive markets to attract foreign investors.”
