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Real Estate

Adam Properties became the Turkey Best Real Estate Investor in 2021

Adam Properties became the Turkey Best Real Estate Investor in 2021!

High inflation and the depreciation of the lira brought Turkey best real estate investor to the top in housing price increase. Individually , Ankara , Izmir and Istanbul were the urban areas where lodging costs expanded the most on the planet.

UK-based global real estate consultancy Knight Frank has published the results of the global home prices index 2020 for the fourth quarter. According to the report covering 150 cities in the world, Turkey’s three largest cities left their mark on the list of Best Real Estate Investor

Considering the price increase in the last year, the place where houses gained the most value in the world was Ankara, the capital of Turkey with 30 percent. Izmir ranked second with 29.4 percent and Istanbul third with 27.9 percent. The report pointed out that high inflation and the depreciation of the lira were behind the housing price increases in Turkey.

House prices globally rose an average of 5.6 percent in 2020, according to a Knight Frank report.

The city where prices fell the most was Chennai, the fourth largest metropolitan city in India. Dubai was followed by a decline of 7.1 percent and Pune with 5.3 percent.

STATUS IN WORLD METROPOLES

Looking at housing prices in the United States, 11.4 percent in Boston, 10.3 percent in Washington, 9.9 percent in Los Angeles, 9.8 percent in New York, 9.2 percent in Miami and 8.7 percent in San Francisco. seen.

There was an increase of 7.7 percent in Paris in European capitals, 4.5 percent in Berlin, 4.3 percent in London, while Lisbon decreased 0.9 percent and Madrid 3.7 percent.

While housing prices in Moscow rose by 21 percent, St. In St. Petersburg, this rate was 25.4 percent.

The Asian real estate market stood out in Seoul with a 22.3 percent housing price increase.

Seoul, a city of approximately 9.9 million people, is trying to position itself as an alternative to Asia’s financial centers.

 

Since President Moon Jae-in took office in 2017, the city is facing a growing economic crisis. House prices in Seoul have increased by 50 percent since 2017, despite the government announcing nearly two dozen measures to reduce the increases in the past three years.

Record increase in housing prices: Muğla and Antalya rank first

Housing prices broke the data history record with an annual increase of 30.4 percent in January. The price increase exceeded 42 percent in the regions where Muğla and Antalya, the favorite regions of the pandemic. due to lack of Best Real Estate Investor

he increase in housing prices across Turkey broke the data history record with an annual 30.4 percent in January 2021.

According to the data announced by the Central Bank since January 2010, the housing price index increased by 1.8 percent in January 2021 compared to the previous month and 30.4 percent compared to the same month of the previous year. The annual real increase (increase adjusted for inflation) was 13.5 percent.

 

THE MOST INCREASE IN IZMIR AMONG THREE BIG PROVINCES

The annual rate of increase was 30.2 percent in new homes and 30.3 percent in non-new homes throughout Turkey.

Annual price increase rates in housing; It was 27.7 percent in Istanbul, 29.3 percent in Ankara, and 32.2 percent in Izmir

 

 

The last increase occurred in the region covering Erzurum, Erzincan and Bayburt with a rate of 21.9 percent.

The prices, which increased by 1.5 percent in Istanbul. And 1.1 percent in Ankara on a monthly basis in January. Drew attention, increasing 4 percent in Izmir.

ANTALYA AND MUGLA AT THE SUMMIT

Antalya and Mugla, which are located in the regions with the highest price increases, were the leading provinces where citizens turned to buy housing during the coronavirus epidemic.

While many citizens went to their summer houses in these provinces during the quarantine period, many citizens also opted to buy or rent summer houses in this region.

Decision from France and England

France made it mandatory to apply quarantine to those coming from Turkey due to the coronavirus epidemic. Britain also announced that Turkey and the Maldives were included in the red list of “high risk” countries by restricting international travel within the scope of the coronavirus epidemic.

According to the statement made by the Prime Ministry of France, a 10-day quarantine application will be introduced for passengers from Turkey, Bangladesh, Sri Lanka, Pakistan, Nepal, United Arab Emirates, and Qatar with a decision to be published this morning. It was also stated that passengers coming from these countries could be given convenience and favor temporarily at the weekend.

This was learned that the passengers will need to declare their quarantine addresses in France to the aviation company where they will fly during the implementation of the decision Best Real Estate Investor. It has been reported that citizens who will be in quarantine will have permission to go out between 10 and 12 o’clock every day, and at other times they will pay between 1,000 and 1,500 euros if they do not comply with the prohibitions. Thus, Turkey, Bangladesh, Sri Lanka, Pakistan, Nepal and the United Arab Emirates (UAE) were added to the list of 5 countries before.

A TURKISH DECISION IS FROM THE UK

The UK government imposed restrictions on international travel due to the Coronavirus (Covid-19) epidemic, removed Turkey from the medium-risk group on the travel list today, and redlisted it as the highest risk group. It was announced that the Maldives, as well as Turkey, were also on the red list.

British Transport Minister Grant Shapps stated that the countries on the red list are “countries that should not be visited except in the most extreme cases”.

THE GREEN LIST IS ANNOUNCED

Shapps also announced the “green list” set by the government for international travels. People coming from countries included in the green list do not have to apply for home or hotel quarantine. Passengers are expected to be tested for Covid-19 within 2 days after their arrival in the UK. And if their tests are positive, they are expected to isolate themselves.

Currently, the green list includes Australia, Brunei, Falkland Islands, Faroe Island, Gibraltar, Iceland, Israel. New Zealand, Portugal, Singapore, South Georgia Island and St Helena Island.

43 COUNTRIES IN THE RED LIST

There are a total of 43 countries, including Turkey, on the “red list” that the UK government has described. Among the countries on the list are also countries such as Brazil and India. where corona virus mutations are seen. The rest of the list includes African and South American countries.

The quarantine process is determined according to the risk of infection in the countries. So that international travel can be carried out again as of May 17. Which is the next target for the relaxation of restrictions in the UK

Related: Basaksehir Istanbul Apartments

 

According to the “red list” rules set by the government, passengers from these countries. UK must enter the mandatory hotel quarantine for 10 days.

In the hotels or facilities determined by the government . People had to cover their own expenses for 10 days. While the hotel fee was announced as 1,700 pounds for one person.

There was an increase of 7.7 percent in Paris in European capitals, 4.5 percent in Berlin. 4.3 percent in London, while Lisbon decreased 0.9 percent and Madrid 3.7 percent.

While housing prices in Moscow rose by 21 percent, St. In St. Petersburg, this rate was 25.4 percent.

 

It was previously announced that a fine  up to £ 10 thousand will be imposed. For those who do not apply the stipulated hotel quarantine. And those who misrepresent their travel history on their passenger forms will be imprisoned for up to 10 years.

 

 

 

Elisbah Henstock

Hi!I'm Elisbah.I live in London.I have worked with Eximfast Company since 3 years. I'm responsible for managing all HR activities. I hold a master's degree in MBA(HR) from London University. Our Organization offers complete OEM solution for manufacturing of Sports Wear.

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