Analysis of the real estate market in Bursa

Thanks to its tourist and residential attractiveness, in recent years, Bursa has witnessed great development and remarkable prosperity in the real estate market. Therefore, it attracts investors to establish investment projects in the real estate sector in a safe environment. In this article from Ebla Real Estate, we will provide you with an analysis of the real estate market in Bursa.

Table of Contents

Real estate market in Bursa:

The “real estate market in Bursa” is the most attractive to investors compared to other investments in the city, as Bursa is one of the largest cities supporting the Turkish economy. Bursa ranks second after Istanbul industrially and commercially, in addition to its advanced infrastructure, urban transformation processes and urban expansion.

In addition, real estate in Bursa has standard specifications in terms of quality, aesthetics, view, and investment value.

As one of the best areas for urban and vital projects and according to the statistics of the first quarter of the current year 2024, Bursa ranked fifth among the Turkish states with the most real estate sales.

The impact of the growth of the economy on the real estate market in Bursa:

The economy is the main factor influencing the recovery of the real estate market in Bursa due to its prosperity and growth. Bursa is the first industrial city in Turkey in several fields, such as automobile manufacturing and assembly, in addition to the furniture and furnishings industry, the textile industry, and many other industries.

The fact that Bursa is a major industrial city is reinforced by the volume of internal and external trade in it, which always achieves record numbers.

Real estate prices rise in Bursa

Bursa is witnessing a significant rise in real estate prices because of several prominent factors, including:

Increased demand due to high demand from investors and tourists.
Urbanization and luxury have led to an increasing demand for housing and ownership of modern apartments and houses.
Investment feasibility contributed to the recovery of the real estate market in Bursa as it is a good place for making profits.
Future expectations emphasize the value and importance of real estate investment.

Future expectations for the real estate market in Bursa:

According to reality data and indicators of investment growth in the city, the future expectations of the real estate market in Bursa indicate its continued growth and prosperity, providing opportunities and projects that achieve great privileges and gains.

Urban renewal projects that aim to create a model city will certainly continue in the long term, which ensures that any real estate project that can be established will be a safe deposit in the future.

Within the framework of government support and facilities provided to foreign investors in Bursa, currently exploiting these privileges and employing them positively in the real estate market is a good leap forward in the investment world.