What is the Status of Foreign Demand for Residences?
Residence projects in the Beşiktaş region also took their share from the stagnation in the real estate market.

Residence projects in the Beşiktaş region also took their share from the stagnation in the real estate market.
People do not buy residential flats unless there is a special reason for purchasing them or the price is attractive.
The same goes for foreigners.
Although the residence projects in the Beşiktaş region were the most valuable real estate in Beşiktaş and Istanbul, the demand from foreigners was extremely low.
During the week, we chatted with a gentleman who has a qualified local and international network for the upper segments in the real estate industry, at Manolya Patisserie in Gayrettepe.
He said that after a long time, foreigners purchased two residences from the Ritz Carlton Nişantaşı project.
Apart from this, he said that he personally gave up selling a residence to a foreign customer in the Nişantaşı Koru project, and that his customer turned to buying a villa.
Demand for residence projects in Gözüken Beşiktaş continues to be weak.
Let's see how far.
In my opinion, the real estate market in Turkey will always continue to be an attractive area. The critical issue is the time and content of the position taken.
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