Consumer saw real estate investment as a safe haven in 2017

Stating that 2017 is a difficult year for the housing sector, Endeksa.com co-founder and CEO, Görkem Öğüt, said that despite the end of November, there was a 6% increase compared to the first 11 of last year's sales. In 2016, 1.3 million houses were sold, the Öğüt said, according to Tüik data in 2017, the first 11 months of sales in 1,276,342, year-end sales of the last year's number will pass. Admonition said that the mortgaged sales constitute 34% of all sales, as in last year. In the first 10 places in the foreign Housing sales statistics, Istanbul, Antalya, Bursa, Yalova, Trabzon, Aydın, Ankara, Sakarya, Mugla and Mersin, which expressed that the advice, the foreign investors in 2017, especially at the seaside and Prefers the areas that are prominent with their natural beauties.

Structural changes are on the agenda

Referring to the agenda of the 2017, "in 2017, one of the most talked about topics in the sector is undoubtedly the" draft Regulation on immovable trade "which will bring regulation to real estate brokerage. The draft will not only be able to mediate the immovable purchase of the property consultants with the authority certificate, and whether there are restrictions such as mortgages and foreclosed in the subject of the purchase and the availability of the immovable credit. The This long-awaited regulation will experience significant developments in the sector "shared the opinion.

Transportation Investments evaluated regions

In particular in the Marmara region, especially in Istanbul, the transportation projects expressed the effect of Öğüt, said: "In 2017, transportation projects in the housing sector were constantly on the agenda. There was an increase in real estate prices on transportation projects or in areas that were easy to access projects. Osman Gazi and Yavuz Sultan Selim bridges, which came to mind first. According to Endeksa.com data, Yavuz Sultan Selim Bridge has caused significant increase in real estate values of Eyüp, Başakşehir, Sancaktepe, Catalca, Arnavutköy, Sarıyer, Beykoz and Çekmeköy districts in Istanbul. When we look at the Osman Gazi Bridge, high increases in real estate prices have been seen in Bursa, Kocaeli and Yalova. In Kocaeli, Gebze, Körfez, Karamürsel and Gölcük were the most value-increasing regions. Considering all the regions where Yavuz Sultan Selim and Osman Gazi bridges caused real estate value increase, the maximum value increase was observed in Bursa and Kocaeli. Çanakkale 1915 Bridge between the districts of Gallipoli and Lapseki in Çanakkale, which is ranked top among the most emigrated provinces, has also increased in real estate and hotel investments in the region. In 2017, one of the most spoken projects was the Kanal Istanbul project. The Channel Istanbul Project, which is planned as an alternative to the Bosphorus Strait, has increased its real estate prices in Avcılar, Kucukcekmece, Başakşehir and Arnavutköy. Üsküdar – Ümraniye – Çekmeköy metro line, which entered into service, increased the housing prices in the regions on the route up to 2.4 times according to the Endeksa data. The high-speed train line, which will unite Gebze and Yavuz Sultan Selim Bridge, is also increasing housing demand in Gebze, Tuzla, Pendik, Sultanbeyli, Sancaktepe, especially in the new developing and not yet high demand, so in the coming period Will cause an increase in real estate prices. "

Urban Transformation Priority Agenda

The urban transformation continues to be one of the most important issues in the housing sector in 2017, Öğüt said, "especially in the Anatolian and European side of Istanbul, ongoing urban transformation efforts have attracted real estate prices. The most prominent areas in real estate investment in Istanbul are Kağıthane, Başaksehir, Zeytinburnu, Beylikdüzü, Esenyurt, Sultangazi and bağcılar on the European side; On the Anatolian side, Kadikoy, Çekmeköy, Ataşehir, Ümraniye, Sancaktepe, Sultanbeyli, Pendik and Kartal became. The most beautiful examples of urban transformation in Istanbul are seen in the Golden Horn and Bomonti. The Golden Horn, with its hotels, museums, convention centres and universities, shows a rapid development as a living and tourism area. As well as being a tourist and business center, the Golden Horn is the highlight of the historical peninsula, Taksim and other locations, and the Haliç Marina project will be more prominent in the coming period. Similarly, Bomonti is rapidly developing in the direction of Istanbul's art and living space, "he said.

Housing has gained more than 50% in many cities

Real estate sector investors in 2017, and in many provinces, the housing prices increased by more than 50%, he said: "30 Metropolitan Municipality in the last 5 years when the increase of housing sales prices were examined With 102% of the major increase, it is seen in Aydın. In Aydın, which is located in the first 5 provinces where foreigners buy housing, according to the current data of Endeksa, average residential square meter sales price is 1,925 tl, the average house price is 240,000 TL, the return period of the housing investment is 19 years. In recent years, the army has been mentioning its name with investments in universities, transportation and health. Thanks to its nature, it is among the provinces preferred by foreign investors. In the last 5 years, 97% of the housing prices were seen in Ordu. According to the Endeksa data, the average housing price in Ordu is 1,700 tl, the average housing price is 228,000 TL, the return time of the housing investment is 24 years. Bursa is the third province with a maximum increase in housing prices in the last 5 years. In Bursa, which has been the pupil of foreign investors for many years, the transportation of Osman Gazi Bridge has increased its real estate prices. In Bursa in the last 5 years, 90% increase in housing prices. Average residential square meter sales price is 1,925 tl, the average house price is 274,000 tl, the average return time is 18 years. After Bursa, the provinces with a maximum increase in housing prices 87% with Sakarya and 79% of Izmir. Izmir, Istanbul-Izmir Çanakkale Bridge Connection in recent years, Istanbul-Bursa-Izmir Highway works and urban transformation due to the prominent cities in the real estate investment. ISTANBUL-Bursa-Izmir Highway and Istanbul-Izmir between the 4 hours of the coastal strip Urla, Cesme, Seferihisar and Guzelbahçe, the prices of housing and land were increased. Izmir Land-Land investment in the beginning of the districts Çeşme, Urla, Guzelbahce Karaburun, Kemalpaşa, Torbalı, Menemen and Seferihisar coming. Izmir is a city with a net migration rate of 5% and above every year for the past 3 years. This causes an increase in real estate prices. Izmir city center with the influence of urban transformation Bornova, Bayrakli and Karsiyaka residential investments in the prominent regions. "

The last 5 years of real estate value increase in the provinces of Metropolitan municipality

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The most significant increase in housing prices in the last 5 years is the province of Isparta, said Öğüt, "in Isparta university students and the city of military and administrative employees who work in the housing demand as a result of the inability to meet the housing prices Increased by 131% in the last 5 years. According to the Endeksa data, the average residential square meter sales price in Isparta is 2,000 tl, the average house price is 280,000 TL and the return time of the housing investment is up to 24 years. Yalova, which is the highest increase in housing prices in provinces without metropolitan municipality, ranks second. In the last 5 years, 98% increase in housing prices in Yalova, which is among the provinces preferred by foreign housing investors and has increased value with Osmangazi bridge. According to the Endeksa data, the average residential square meter sales price is 2,125 tl, the average housing price is 274,000 TL, the return time of the housing investment is 21 years. Yalova after the Metropolitan municipality, the last 5 years, the highest value increase in housing prices in the provinces with 88%, respectively, Giresun, 77% with Burdur, 55% with Aksaray "gave the information.

5 provinces without metropolitan municipality with maximum value shot in the last 5 years