2024 Real Estate Market: What are the Favorite Regions of Investors?
In 2024, the real estate market continues to be on the radar of investors with new trends and investment opportunities. While some regions stand out due to the impact of economic dynamics and urban transformation projects, the decision-making process for investors becomes more complex. In this article, we will present a detailed analysis on the prominent regions in the real estate market and their investment potentials.
Rising Stars of Urban Transformation:
Urban transformation projects create new opportunities in the real estate market by renewing old neighborhoods in cities. These projects, which continue especially in big cities such as Istanbul, Ankara and Izmir, offer investors regions with high potential for appreciation. In 2024, transformation zones in these cities promise high rental income and value increase.
Opportunities on the Southern Coast:
Turkiye’s southern coasts continue to attract great attention from local and foreign tourists. Tourist facilities and summer residences in regions such as Antalya, Mugla and Mersin provide high rental income, especially in the summer months. These regions, which offer long-term value increase and short-term rental income potential for investors, will continue to be popular in 2024.
Rising Markets of Anatolia:
Anatolian cities attract attention with the increase in industrial and technology investments in recent years. Especially cities such as Eskisehir, Kayseri and Gaziantep stand out as new investment regions in the real estate market with their young population receiving higher education and developing industrial capacities. New housing projects and commercial real estate in these cities offer attractive opportunities to investors.
Anatolian Side of Istanbul:
The Anatolian Side of Istanbul, especially regions such as Pendik, Kartal and Maltepe, attracts the attention of investors with transportation projects and new housing developments. Expansion of metro lines and bridge projects increase real estate values in these regions. Investors are turning to areas with high appreciation potential for both residential and commercial real estate on the Anatolian Side of Istanbul.
Conclusion: The real estate market in 2024 offers investors different types of opportunities in various regions. Urban transformation projects, touristic regions and developing cities of Anatolia stand out as promising points for investment. Investors can make strategic decisions by closely following market dynamics and regional developments.
Source: Emlakdergisi / Prepared by Irem Yildiz