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Showing posts from January, 2024

First up, then down

  First up, then down  Last couple of years have been quite turbulent for the real estate markets in Turkey and Alanya. A lot of different topics have been on the agenda and in this blog post we will try to give an overview of the most discussed topics as well as the current status of the market.   Current market status The first part of the year the market started on a high note before coming to an almost complete stop in terms of sales. Many like to explain the lack of sales with simple explanations that fit into their own agenda, be it a political, financial, business or private agenda. The correct explanation is as always not that black and white, and the current situation on the real estate market is not due to just one event, but a mix of several circumstances.   Lets take a brief look at them here.   The perfect storm In 2022 we saw the perfect storm on the real estate market fuelled by the unfortunate events in Ukraine, Russians deciding to leave their c...