Page 27 - Журнал «Русский Берег» #9-2021

RUSSIAN COAST | № 1/9 2022 ПОДРОБНОСТИ| DETAILS

Russian Russian Coast magazine published an article does not matter much to him, but a growing family is another matter, of
ENG exactly a year ago, "Antalya is betting on Russians", course, will willingly buy what the Yabanji refused, if it suddenly became
which blew up the usual way of the business life of available. Real money has gone into the economy. The government has
the province. It was an attempt to analyze the development of the local implemented an internal loan secured by real estate. Shortly before that,
construction industry, applying the European experience. And it turned the construction industry experienced another shock: the price of building
out to be successful. It is safe to say that there was no business analytics in materials, primarily cement and metal, sharply increased. This factor has
Russian until that moment in this part of Turkey. become so significant that the builders had to seriously adjust their business
Making this issue, we tried to remember all the best things for the plans. The construction cost index (according to TURKSTAT) increased by
year, and the material that caused a serious resonance in the business almost 40%.
community of Alanya at the time, of course, deserved to be included in the And then the crisis suddenly came to the rescue. While most of the world
digest. But so much has happened over the past period that the text has remained closed, Turkey, despite numerous restrictions and a reduction in
become hopelessly outdated. Statistics for 2019, which were perceived the tourist flow, never went into a "hard" lockdown, like, for example, Italy
relevant at the time, seem archaic today. So we had no choice but to or Germany. Those who were wondering whether to buy them a villa in
make a new material on the old and eternal theme for Antalya: real estate Catalonia or Antalya, naturally inclined towards Antalya.
of the Turkish Mediterranean coast. Indeed, Turkey has become a kind of "haven" in the new reality,
where people are willing to invest, and this flow, in which Russians play
WILL THE MARKET HAVE A RECORD? a significant role, has not only not stopped but also increased. "I must say
The past year has been difficult for the economies of many countries, that last year Turkey was almost the only place where you could come
including Turkey. Lockdowns, restrictions on movement, the fall of the and buy something without any problems. There are several factors here at
Turkish lira, all this should not have had the best effect on the real estate once, among which: very liberal legislation in terms of obtaining citizenship
sphere, but everything turned out exactly the opposite. If in 2020, Turkish through investment, the confidentiality of transactions, a well-developed
realtors struggled with crisis phenomena, tried to create new motivations purchase procedure," says Alexey Pronin, Deputy General Director of
for potential buyers, which allowed the majority to keep the bar and at AZPO Properties. At the same time, the pandemic itself even served as
least keep the business, and in some places to ensure growth, then the a kind of trigger for the Turkish market. The success of 2021 is explained,
results of 2021 more than recoup all the losses of the previous months. among other things, by the implementation of deferred demand, and
As the Deutsche Welle news portal notes: "The number of apartments deferred demand in other segments. "Please note," Alexey Pronin
sold to foreigners in the first six months of the year increased by 44% continues, "during the pandemic, the demand for suburban real estate has
compared to the same period last year. Only in June, the growth broke sharply increased. In the Moscow region, even the "stale goods" were
the record — 185%. The three countries that bought the most houses in swept away, prices rose. People are tired of sitting on four walls, they want
Turkey included Iraq, Iran, and Russia". Russians are traditionally one of the more freedom, and foreign real estate is a direct competitor to suburban
main buyers of Turkish resort real estate, which was confirmed last year. real estate. Those who dreamed of buying a cottage in the Moscow
Despite all the quarantines and lockdowns, it was the stable demand from region, suddenly realized that they have the opportunity for the same
the Russians that did not allow the Antalya market to collapse. There were money to buy the same cottage, only by the sea."
losses, but these are losses that can be called "acceptable". "Over the
past eight years, the number of housing sold to foreigners has exceeded NEW RUSSIAN BUYERS
220 thousand objects. Over the past four years, there has been a steady If we talk about the Turkish real estate market as a whole, which includes
increase in sales, and the highest figure in this process was seen in 2019 Istanbul, Ankara, Samsun, then the undisputed leaders in it will be people
— 45 thousand 483 units. Last year, due to the outbreak of Covid-19, from Iran, Iraq, in recent months Afghans have been added to them — the
sales fell to 40 thousand. This year, the sector is aiming to break the record reason, I think, is clear. "Iranians have a good budget," says Alina Hamidi,
of 50 thousand," Deutsche Welle notes. There are several reasons for this. sales manager at IMMO ALANYA, "so they initially prefer Istanbul, other
Moreover, it is difficult to say which of them was the main one, since each major cities where real estate is initially more expensive. Antalya is mainly
reflects a rather important trend in the market. chosen by Russians and Germans. Recently, Kazakhs and Ukrainians
have been added to them."
COTTAGE BY THE SEA AT THE PRICE OF THE Along the southern coast, Russians are in the first place. Recently,
MOSCOW REGION citizens of Kazakhstan have been stepping on their heels. Many people
Realizing the consequences of the coronavirus crisis, the Turkish find that they are even more active than Russians when viewed as a
government took an unprecedented step: it lowered mortgage rates for percentage of the country's population. There are only 10 million Kazakhs
citizens to 1–1.5%, which made it possible to make housing affordable for (about 140 Russians), and their diasporas in Alanya are comparable in
many Turkish families. Effective demand has been identified in the industry, number. Kazakhs even showed certain preferences for developers and
many positions that were previously classified as illiquid have been sold place of residence: for example, the well-known developer YEKTA in
out. The measure is certainly non-market, but logical and long-awaited. Alanya is considered by many to be Kazakh, and their latest projects are
It allowed a huge number of Turkish families to purchase decent housing made in the traditional "oriental" style.
with good infrastructure. Moreover, the word "illiquid" should not frighten. Alexandra Kabakchi (ATABERK ESTATE) puts the Germans in an
A foreigner who uses an apartment exclusively for recreation will be very honorable second place. And most often they are Russian-speaking
picky about choosing both the view from the window and the infrastructure Germans — German citizens of Russian origin. "This year there has
of the complex. But there can't be a house that has a sea view from all the been a trend that did not exist before US citizens and Canada. First of
windows. The Turk, who has always lived here, and the view of the sea all, they are attracted by liberal legislation, low taxes, and a low real

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