Real Estate in Turkey - Reha Medin Global

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Real Estate in Istanbul Turkey - Reha Medin Global

Turkish Real Estate Market is Expanding and Increasing the Number of Combined Projects

Turkish Real Estate Market is Expanding and Increasing the Number of Combined Projects

As the Turkey’s economy grows, demands of the property buyers are changing and leading to different preferences in Turkish Real Estate market.
People no-longer satisfy with just a housing projects, they also want more functional projects that include facilities, residences and malls. Construction companies acknowledge this fact and focus on designing combined projects to meet these demands. The most demanded feature of the new Luxury Housing Projects in Turkey is a mall. Number of malls in Turkey is always increasing, 

Especially in Istanbul. Residents as well as investors tend to invest more in the combined projects that provide commercial area or malls. The total number of malls in Turkey is 394 at the moment and counting. Growth rate of retail in Turkey is 8% and causing more demand for new malls and combined projects.
30% percent of mall investors are foreigners and many of the malls are being purchased by investors from GCC region.
 


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