Category: Istanbul

BY Realty Plus Turkey has seen a booming real estate market since the massive February 6 earthquakes, which was pushed by a souring demand for so-called earthquake-resistant new homes in major cities in western regions, including Istanbul. Real estate agents said Istanbul’s land sales increased by 200 per cent in March than the previous month, fuelling a price hike. “A wave of fear has grabbed Istanbulites especially after the disaster,” Erdinc Sahin, a real estate consultant, said explaining the sentiment in the real estate market triggered by the earthquakes. Sahin…