The price of buying a house in Istanbul is cheaper in Tehran or Istanbul?
According to Tejarat News, in the second month of 2022, Buying a house by foreign citizens has increased by 55% compared to the same month last year. The first place for buying houses in Turkey belongs to Russian citizens, and the second place belongs to Iranian citizens who bought 711 residential units in Turkey.
Iranian citizens bought 784 house units last March for the third consecutive month of this year among foreign applicants Buying housing They were in the first place.
This is despite the fact that last March, Iran had the first place to buy housing in Turkey and Iranian citizens had bought 784 residential units in different cities of Turkey.
But in the second published statistics, it seems that Russian citizens have taken the place of Iranians, and Iranians are ranked second. But the number of properties purchased in these two time periods is not much different. Iranians bought 784 residential units in March and 711 residential units in February.
In which cities do Iranians buy houses?
The noteworthy point is that until last year, Iranians needed to invest 250 thousand dollars to get residency in Turkey. But Turkish laws changed and this number has reached 400 thousand. The point is that despite the significant growth in the number of investments, Iranians are still interested in investing and buying property in Turkey.
The highest demand for buying a house by Iranians in Istanbul, Ankara and Izmir. At the same time, the economic conditions in Turkey are not very good and it is currently going through its worst conditions in recent years. The value of the lira is experiencing a historic fall and inflation has reached an unprecedented 70%.
However, people prefer to go to Istanbul and Ankara instead of buying a house in Tehran.
What is the price of a house in Istanbul?
The average price per square meter of a residential unit in Tehran has reached 39 million and 400 thousand tomans. This means that the purchase of a 50-meter residential unit in an average area of Tehran is about two billion tomans. On the other hand, people have to spend about three billion tomans to buy a 70-meter unit, which is a reasonable size for a family.
Before this, a report was published that showed that the price of housing in the southern areas of Tehran is the same as the price of a house in the heart of Los Angeles.
But house price In a city like Istanbul How much is? The average price per square meter of a house in a city like Istanbul is around 15 thousand liras, which at today’s price of liras reaches 37 million tomans per meter. Meanwhile, the average price per square meter of a house in Tehran is 40 million tomans. Of course, this is the minimum The price of buying real estate in Istanbul and according to some sites, the price of housing in Istanbul sometimes reaches more than 80 million tomans per meter.
According to reports published by various sites, the price of a house in Istanbul starts from 900 thousand liras, which is about two billion tomans at today’s lira rate.
Why do Iranians buy houses in Turkey?
Turkey has not had favorable conditions in recent months. The value of the lira has fallen significantly against the dollar and the inflation rate has reached an unprecedented level and is even higher than the current inflation in Iran. However, it seems that many prefer to take their capital to Turkey instead of Iran.
Many believe that what makes people invest in Turkey is the economic conditions and the uncertain future of Iran’s economy. Many do not know the direction of Iran’s economy and prefer to take their capital to another country.