A brief SWOT Analysis in terms of Real Estate in Turkey
Encourage: Financial and banking regulations are solid; there are several globally renowned construction companies; mortgage facilities are within reach; state regulations constantly enrich buyer incentives; real estate is very much on local demand
Beware:Buying land is difficult, and securing building permits is even more challenging.
Take Your Chance: Local demand for residential and commercial space is high; housing opportunities are being created as a result of urban redevelopment efforts in major cities; earthquake and natural catastrophe regulations have boosted the demand for high-quality building; the influx of visitors and investors has created prospects for office and residential space.
Be Wary: Earthquakes are a typical occurrence in various places of Turkey; in comparison to established real estate markets such as the United Kingdom and the United States, the industry remains volatile; the economy is being strained by a depreciated currency.
A brief SWOT Analysis in terms of Real Estate in Turkey
Encourage: Financial and banking regulations are solid; there are several globally renowned construction companies; mortgage facilities are within reach; state regulations constantly enrich buyer incentives; real estate is very much on local demand
Beware: Buying land is difficult, and securing building permits is even more challenging.
Take Your Chance: Local demand for residential and commercial space is high; housing opportunities are being created as a result of urban redevelopment efforts in major cities; earthquake and natural catastrophe regulations have boosted the demand for high-quality building; the influx of visitors and investors has created prospects for office and residential space.
Be Wary: Earthquakes are a typical occurrence in various places of Turkey; in comparison to established real estate markets such as the United Kingdom and the United States, the industry remains volatile; the economy is being strained by a depreciated currency.