Have you heard about the season for buying a property in Turkey?

Due to Turkey?s strategic location and stable economy, in addition to the facilities provided by the Turkish government for foreigners to own real estate in Turkey, the real estate market is one of the most attractive markets for investment and real estate purchases in Turkey.

When buying a property, several important things are taken into account, and the best places in Turkey, such as Istanbul, are in the first place. The second is the type of property and the purpose of buying it, whether for housing or investment. The third important thing for buying a property in Turkey is timing, as it significantly affects its price.

What is the best time to buy a property in Turkey?

Winter is the best season to buy a property in Turkey, as the real estate market is witnessing a stagnation and the tourism movement in Turkey decreases at this time due to weather conditions and the start of schools, so the demand for buying real estate in Turkey decreases, and thus its price decreases.

The market movement is active during the spring and summer, as people accept to buy real estate for several reasons, including the start of the tourist season and the end of the school year in Turkey.

With the increase in demand in these two seasons, real estate and construction companies make many offers, which leads to an increase in real estate prices in Turkey, but the best times, regardless of the season or season, to buy real estate in Turkey when the property is under construction and not completed, and thus the buyer guarantees a price lower than the price of the property Completed due to the difference in price and cost between the time of construction and completion of the property.

Factors that affect real estate prices in Turkey according to timing

There are periods when the demand for buying real estate in Turkey increases and offers increase, here the market must be studied well to know those periods to reach the most times when the volume of supply increases and therefore prices decrease and to obtain a property at a good or reasonable price.

It is also possible to view the general plans and infrastructure projects that are under construction that are announced, whether through the news or the municipalities. It is also possible to view the pre-prepared plans as they are public, such as the presence of a metro station in a specific area, which leads to an increase in the price of the property.

It is also preferable for the investor to keep abreast of the projects under construction or planning, which allows buying the desired property during the completion period at a lower price and thus raising the profits accruing to the investor once the construction of the property is completed.

In the end, any investor wishing to buy a property in Turkey must take all the steps and procedures that guarantee the best possible profit and thus wait until the ideal time to buy, and this time of the year is considered the best period for buying real estate in Turkey because the prices at the moment are low and are expected to rise in the future And do not forget the many advantages of obtaining a property in Turkey, including obtaining Turkish citizenship for those who own a property worth 400 thousand US dollars.