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Summer Residences and Holiday Houses in Turkey in High Demand

Posted by david on 24 August 2022
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Summer residences and Holiday houses in Turkey are constantly being transformed into permanent residences, and properties in summer resort areas are in high demand.

The Trend of Living in Summer Housing According showed remarkable results, the demand for summer cottages is increasing and the trend of remote work has become firmly established. A big number of house owners work remotely from summer areas.

According to the research, while the rate of those who own a house in the summer region was 22% in the past, the rate of those living in summer houses increased to 50% with an increase of 4 points compared to last year. The rate of those who intend to move to a summer area in the next year will be 33%. Some popular regions were Anamur, a district of Mersin with an annual average sale price increase of 456%. In the annual average price increase of property for sale in Turkey, Anamur district was followed by Antalya Kumluca (311%) and Konyaaltı (253%) district. Among the top 10 districts in the annual average sale price increase, 4 districts from Antalya and 3 districts from Izmir took place. “The trend of living in a summer residence is remarkable”

Prices of Real estate in Çeşme increased a lot as well and many wealthy investors from Istanbul snatched up Çeşme Properties.The number of people who prefer to live in calmer areas in comparison with dense crowded cities like Istanbul, increased a lot. Property for sale in Çeşme has been popular among the high society of Istanbul and İzmir for many years.

Evaluating the research data, Emlakjet CEO Tolga İdikat said, “We see that housing sales increased in June and that there was a slowdown in monthly sales and rental house price increases across Turkey compared to the sharp rise in recent months. In this slowdown, housing prices reach a certain level and the base effect and the rate of price increase decrease. Recently, the price increases of houses for sale in the summer regions are well above the annual price increases in Turkey. As Emlakjet, we examined the summer housing demand in June and compared it with last year’s data. According to the results, the demand for cottages is increasing, and the trend of remote work has become firmly established. Users are also working remotely from summer areas.”

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