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The growth of prices for real estate in Turkey exceeded the rate of inflation

23.06.2014
Homesoverseas.ru editorial office
19
According to the latest report of the Central Bank of Turkey, rising real estate prices in the country is much higher than the average rate of inflation, according to Property-abroad.com . During the period from February 2010 to February 2014 house prices rose by 80%, while the inflation rate rose to 33%. In February 2014, property prices in Istanbul rose to 20% compared with February last year, Ankara and Izmir - 15% and 14%, respectively. Over the four-year period the annual growth of the rental value amounted to about 7-8%. According to official statistics, the volume of mortgage loans decreased by 50% during the first four months of 2014. Property Sales in Istanbul decreased by 15% during this period. In Ankara, during the period from January to April, sales fell by 18%. HomesOverseas.ru
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86 000 €
1 bedroom
build area 53 sq. m
pool
household appliances
sea/ocean view
negotiable price
seller: Liga Real Estate
87 000 €
1 bedroom
build area 45 sq. m
pool
household appliances
payment by installments
air conditioning
seller: RENTSALE
220 000 €
2 bedrooms
build area 175 sq. m
plot area 370 sq. m
pool
sea/ocean view
negotiable price
seller: RENTSALE