Buying blow Antalya

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Buying blow Antalya

The southern Mediterranean city of Antalya is part of the so-called Turkish Riviera. Tourists flock to its turquoise coast season after season. Nazli Erogl and her fiance sell a certain vision to Antalya tourists with their motorcycle rental business called Zero to A ride down the coast with the breeze blowing through their hair. With travelers coming back, business is strong. The couple figured now would be a good time to buy a home. But they were wrong. It started to increase exponentially. We said we would expand our business instead of buying a house. Home prices are high in part because of inflation, which neared triple digits last year. Russians, relocating after the invasion of Ukraine, were by far the biggest buyers. That squeezes local buyers like Erogl. We were exhausted. Still, even rental prices have become unaffordable for some. Talha Berk, a year-old, searched for two years before deciding to stay at home with his mom. He hopes to buy when prices cool. Kemal Kilicdaroglu — who is challenging President Recep Tayyip Erdogan for control of the country — has vowed to ban all foreign home sales for five years, or until prices fall. For Remax real-estate consultant Asli Kortel, this hot market is great. She and her team celebrate each sale by ringing a brass bell. They have many nice job opportunities here. That rate has almost doubled from a year ago, which Kortel said has detracted some foreign buyers. But it will be a good situation. With the real estate prices coming to the right prices for our country, our citizens will be able to own a house in their own country more easily. Through it all, Marketplace is here for you. We rely on your financial support to keep making that possible. Your donation today powers the independent journalism that you rely on. Skip to content. Heard on:. Listen Now. Share Now on:. Turkey's main opposition leader Kemal Kilicdaroglu speaks during a rally, Turkey. He has promised to restrict foreign homebuying if he wins the presidency. Sign up to watch, and learn, with us. Stories You Might Like Tourists return to Turkey as cheap lira offers luxury living for a fraction of the price. Good luck with that. Istanbul Ataturk airport attack: Deaths rise to 41, with hurt. COVID travel restrictions deal stateside tourism a blow. Also Included in. Tags in this Story. Share this Story. Latest Episodes From Our Shows. Read More.

Foreign home buyers become a central issue in Turkish presidential election

Buying blow Antalya

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Buying blow Antalya