International financial and real estate experts expect that property prices in Istanbul will keep soaring up in the next five-year period due to several factors, including;
In today’s market, due to the advanced construction technology, the speed and cost of the new build properties became faster and cheaper. Furthermore, the rise in house prices have been driven by the high demand of young population, in addition to the growing foreign demand in Turkish property market, not to mention the improvement in the tourism sector, and the high economic growth, which Turkey has experienced over several years.