GREAT DEMAND OF RUSSIA-UKRAINE ON ISTANBUL REAL ESTATE MARKET

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GREAT DEMAND FOR ISTANBUL ‘INFLUENCE OF RUSSIA-UKRAINE’ ON THE REAL ESTATE MARKET

House sales in Turkey increased by 20.1 percent compared to February last year. Experts note that there may be a new movement in the real estate market in Turkey, where foreign investors are flocking, in the coming days…

The fact that Turkey is considered a safe haven in the ongoing war between Russia and Ukraine has decimated the real estate market. Russians who are negotiating with agents for investment in luxury and branded housing projects in Istanbul are at the top of the list. According to the February data released, house sales across Turkey increased by 20.1 percent compared to last year.

“Istanbul ranks first in housing sales with 18,752 house sales and 19.2 percent,” said iResidence, a Real Estate provider who evaluates the TURKSTAT data, “Housing sales are 18,752 house sales and 19.2 percent. It was followed by Ankara with the sale of 8,464 houses and a share of 8.7 percent, Izmir with the sale of 5,575 houses and a share of 5.7 percent. Ardahan with 23 houses, Hakkari with 40 houses and Bayburt with 47 houses attracted attention as the cities with the least sales,” was said in a statement.

Emphasizing the issue of sales to foreigners, Turkey iResidence said that 4,591 houses were sold to foreigners in February throughout Turkey, and the share of housing sales to foreigners in total housing sales was 4.7 percent. Altinay said that the first city that foreigners showed the most was Istanbul with a thousand 958 houses, and after Istanbul, Antalya and Ankara were also the preferred cities.

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THEY ARE COMING FOR CITIZENSHIP

Noting that the preferences of buyers vary according to countries, Altinay said that citizenship is a very important point, in addition to citizenship, there are also foreign buyers who buy real estate for different purposes such as investment, short-term vacation, retirement. “Saudi Arabians, Jordanians are buying houses from Turkey for investment, Russians are buying holidays, Iraqis and Iranians are buying houses from Turkey for residence permits,” iResidence said. “The Chinese also want to get citizenship because Turkey is one of the countries that can easily get visas to Europe and America,” was said.

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RUSSIA’S INTEREST WILL GROW EVEN MORE

Turkey iResidence underlined that Russian citizens will be more interested in Turkey due to the sanctions imposed on Russia by Europe and the United States in the coming months. iResidence said that Russia was one of the first three countries that showed the most interest in Turkey, but now this situation will become important with the talk of the sanctions that Europe and the United States will impose on Russia.

It is likely that Russian investors will have to turn to different countries in the coming days, at which point Turkey will be one of the first countries that come to their minds. Noting the relations from the past in terms of trade and tourism, Altinay said that they expect Russian investors to accelerate their purchases of real estate from Turkey in the coming months.

Russian buyers favor Antalya, Istanbul and Izmir, and particularly among the coastal cities once again emphasizing interest, iResidence, they stressed real estate is priced higher than citizens of other countries.

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President of Organ Transplant Center at MedicalPark Hospital Antalya

Turkey's world-renowned organ transplant specialist. Dr. Demirbaş has 104 international publications and 102 national publications.

Physician's Resume:

Born on August 7, 1963 in Çorum, Prof. Dr. Alper Demirbaş has been continuing his work as the President of MedicalPark Antalya Hospital Organ Transplantation Center since 2008.

Prof. who performed the first tissue incompatible kidney transplant in Turkey, the first blood type incompatible kidney transplant, the first kidney-pancreas transplant program and the first cadaveric donor and live donor liver transplant in Antalya. Dr. As of August 2016, Alper Demirbaş has performed 4900 kidney transplants, 500 liver transplants and 95 pancreas transplants.

In addition to being the chairman of 6 national congresses, he has also been an invited speaker at 12 international and 65 national scientific congresses. Dr. Alper Demirbaş was married and the father of 1 girl and 1 boy.

Awards:

Eczacibasi Medical Award of 2002, Akdeniz University Service Award of 2005, Izder Medical Man of the Year Award of 2006, BÖHAK Medical Man of the Year Award of 2007, Sabah Mediterranean Newspaper Scientist of the Year Award of 2007, ANTIKAD Scientist of the Year Award of 2009, Social Ethics Association Award of 2010, Işık University Medical Man of the Year Award of 2015, VTV Antalya's Brand Value Award of 2015.

Certificates:

Doctor of Medicine Degree Hacettepe University Faculty of Medicine Ankara, General Surgeon Ministry of Health Turkey EKFMG (0-477-343-8), University of Miami School of Medicine Member of Multiple Organ Transplant, ASTS Multiorgan Transplant Scholarship. Lecturer at Kyoto University. Lecturer at University of Essen, Research assistant at the University of Cambridge .

Professional Members:

American Society of Transplant Surgeons, American Transplantation Society Nominated, Middle East and Southern Africa Council Transplantation Society 2007, International Liver Transplantation Association, Turkish Transplantation Association, Turkish Society of Surgery, Turkish Hepatobiliary Surgery Association.

Disclaimer:

Our website contents consist of articles approved by our Web and Medical Editorial Board with the contributions of our physicians. Our contents are prepared only for informational purposes for public benefit. Be sure to consult your doctor for diagnosis and treatment.
Medically Reviewed by Professor Doctor Alper Demirbaş
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