Van is the champion of the price increase in the house for sale, Trabzon in the house for rent

After the negative impact of the arrival of Russians in the country on house prices in Antalya and Mersin, different Anatolian provinces have come to the fore with rapid price increases.

Two separate reports from the Bahçeşehir University Center for Economic and Social Research (BETAM) for May 2023 revealed that Van was the champion of rising house prices for sale and Trabzon in house prices for rent.

Thus, the province with the highest increase in the prices of houses for sale throughout the country in May was Van with 122.8 percent; In the same month, rental housing prices increased the most in Trabzon with 288 percent.

In Malatya, which stands out as the province with the second highest increase in both rental and sales house prices nationwide, houses for sale rose 121.7 percent year-on-year in May, while property prices rent increased 261.4 percent.

The heads of the chambers of real estate agents in these three prominent provinces told sozcu.com.tr about the reasons for the price volatility.

Rental prices, which increased by 101% across the country in May, increased by 288% in Trabzon, making the city the champion of rent growth (Source: BETAM)

DOLLAR-BASED LEASE TO ARABS, HIGH RENTS

The president of the Trabzon Chamber of Builders and Realtors, Ayhan Taflan, said that the fact that new houses could not be built due to the increase in construction costs despite increasing demand was effective in increasing prices. rental housing in the city; He said that one of the most important reasons is that the houses are rented to Arab tourists with prices ranging from at least 5-6 thousand TL per day.

Taflan explained that these tourists, who come from the Gulf countries and have a large family structure, prefer to rent a house as accommodation instead of a hotel, and that they make reservations before coming.

THEY ARE GOING TO WIN 8 THOUSAND TL IN ONE DAY

Taflan said: “Rental house prices here increased from 3,500-4,500 TL in a year to 8-10,000 TL. However, homeowners prefer to rent their apartments to Arab tourists rather than citizens Because instead of earning 8-10 thousand TL in a month, they rent it to Arabs and earn this money in almost a day.In other words, they prefer to earn 150,000-240,000 TL in a month instead of 8 000 and 10,000 TL.

Taflan stated that the houses are rented to the Arabs in dollars, and these prices start from 250 thousand dollars per day and go up to 350-400 dollars per day for luxury houses.

THOSE WHO ARE LOCATED IN TRABZON AND ARE GOING TO MARRY CANNOT FIND A HOME

Thus, it is claimed that both the officers who came to Trabzon on their appointment and the young people who are getting married at the start of the wedding season, searched and could not find an apartment for rent.

While this is the case for rental prices in Trabzon, Taflan explains that prices for houses for sale start at 2.5-3 million TL and says they have experienced that period for the first time in their 43-year life. real estate:

House for sale prices increased the most in Van in May. (Source: BETAM)

REAL ESTATE: HOW CAN PEOPLE MAKE THESE INCOME?

“When you look at the cost of living and the decline in purchasing power, you see almost everyone is thinking about their own income and not the residents. The tourism industry is a mainstream industry, okay, but let’s not squint while doing the eyebrows.

Trabzon’s meat is safe, its leg is safe; It is a city without industry, without a factory, where workers and officials live. How can people pay these rents?

People used to buy a house by increasing it from tooth to nail, now they are trying to pay rent by increasing it from tooth to toe. When the tourist season is over, we will stay with us again. This is not considered. I have been in this industry for 43 years, I do not remember such a period.

Disproportionate Migration WAS EFFECTIVE IN VAN

Van Realtors Association President Orhan Özdek stated that there has been disproportionate migration to Van from 10 neighboring cities in the last period, and this situation accelerated after the earthquakes in Kahramanmaraş; He also explained that since new housing could not be built due to the city’s zoning problem, the housing stock was collapsing and could not meet the growing demand, which made both rental and sale apartments more expensive, making inhabitants of will suffer.

“There is serious interest in Van from domestic and foreign tourists. This would always have happened due to Van’s location, climate, social life and lively culture, but it has increased significantly in the last period,” Özdek said, adding: “The people of Van also suffer from the negativities brought about by the serious population. increase. There are not enough houses, there is a zoning problem. The earthquake in the region also had an impact, ”he said.

‘IN ONE DAY, 20-25 PEOPLE HAVE DEMANDS, THERE ARE NO HOMES’

Noting that the highest price for renting flats in the city was 4,500 TL last year, this year it increased to 8-10 thousand TL, Özdek said that houses sold from 1 million TL last year increased to 2- 2.3 million TL this year. .

Özdek, who gave an example of the increase in demand due to the increase in population in the city, said:
“At least 20-25 people want a rental house per day. 90 people applied this week alone. Unfortunately, we were unable to respond to any of them due to a shortage of supplies.”

10 THOUSAND TL REQUESTED FOR EARTHQUAKE-PROOF HOUSES IN MALATYA

Malatya Chamber of Workers Chairman Ali Özgül said the quake was effective in raising rental and housing prices in the city.

Özgül said that although 90 percent of the houses in the city are not earthquake resistant, rental prices, which ranged from 2,500 to 3,000 TL before the quake, are now 10,000 TL.

“Even 5 thousand TL is a huge amount to rent in Malatya. While normal prices for 3+1 apartments should be around 5-6 thousand lira, today their prices have approached 10 thousand lira. People are opportunistic. I urge these people to be aware of him too. There was an earthquake. We still haven’t learned a lesson, we’re still opportunistic.”