Most real estate experts such as) HSBC, Knight Frank, KPMG, Deloitte, Bloomberg (are expecting that real estate prices in Istanbul will continue to rise for the next five years for the following reasons:
The good condition of the Turkish economy in general.• The soaring up numbers of tourists visiting Turkey annually.• The continuous rise of property purchasing by foreigners in Turkey.• Due to the advancing technologies of construction, making new buildings is now cheaper and faster than before.• The mainstream of the youth which requires more housing solutions helped rising the prices of real estate in general.