Despite the fact that Turkey has two elections and economic recession sourced west, now it is preparing to break a record in real estate selling with its political power. Turkish real estate sector opening to gulf market was ridden by Arabian buyers in the first quarter of this year.
Despite the fact that Turkey has two elections and economic recession sourced west, now it is preparing to break a record in real estate selling with its political power. Turkish real estate sector opening to gulf market was ridden by Arabian buyers in the first quarter of this year. Two new funds entered the country. The companies from gulf bought land in Turkey and started to build their own buildings.
Real Estate Chairman of The Executive Board of Project White Murat Uzun who evaluates all these developments, this situation put the trust that is on Turkish real estate and thanks to all these developments, real estate state is going to break a record in the sales to Gulf.
He said “The exposition that was done at the beginning of April at Hilton Convention Center backs our evaluations up” and he continued” There was a really crowd with rich Arabians and other wealthy people. They have the knowledge about Turkish real estate sector. The prices in this sector keep rising and it will because the Arabian demand to the sector is growing day by day. In addition to this, increasing the cost of construction is seen as another reason why real estate prices gets higher. Ending 2016 with a record in real estate sector shouldn’t make people surprise because at the fairs which were held in and out of the country, there was a huge demand for Turkish real estate sector.
World is playing for real estate economy and every country try to get a share of the cake by putting its real estate instrument on table. There are going to be record sales in Turkey in 2016 and Arabian customers will be the biggest share of this.
We are life coaches for Arabians
Murat Uzun highlighted that “15 years ago, the Arabian house buyers were so different from the ones who buy housing these days that we can’t compare them with each other.” And he continued “The Arabian buyers now buying house because they want to settle down. For this reason, we as a campaign created a total service term which is called 360 degree for gulf customers. Arabian buyers not only buy real estate but also they demand life coaching from us. After they buy the house, we are helping them from the first step that they take for their life in Turkey to decorate their house, filling up the fridge according to their own lifestyle and doing market shopping.
We are helping them ranging from buying a new car to sending their children to language course and providing them all-in-one pack. They give importance these kinds of services apart from buying house and we provide service them under the name of after-sell service.
The most interesting thing that we see is that they want to adjust themselves to Turkish culture and live like a Turkish. Another reason of this is that they want to be involved in Turkey which is going to get the right to move freely in EU soon. They know that Turkey which is close both EU and Arabian Culture is going to get a combined life which Arabians like.
Sector has a few demands
Uzun who says our real estate sector started to be known with Arabians goes his words with “ the demand and interest is really big, in the past they were interested in Europe but for recent 15 years Turkey is a trend for them. Turkey may not be able to meet this need. For meeting this demand, there are some decisions which Turkish Government should take. Some of them are returning of VAT (Value Added Tax) and extending residence permit or providing citizenship right for those who buy a house.