Istanbul tops property investor list
Istanbul is top of the list for property investors and developers for a second year running according to the latest figures. Reporting on the findings, The Guardian explained, Europe is in a vicious cycle of low or no growth with most of the previous hotspots like London for example mounting debt up and moving down [...]
Turkish property prices continue to rise
According to the latest property price index conducted by REIDIN, prices in Turkey have risen for yet another month. Average house prices in Turkey increased by 0.81% from September to October, meaning the annual increase of property price in Turkey has now reached 6.77%. There is further good news for those who have invested in [...]
Turkey – the world’s leading property hot-spot 2011
Turkey has established itself as the world’s most popular property hotspot marked by over $1.3 billion worth of foreign investment in 2010. Through-out 2011 investors have been flocking to the country which now consistently offers excellent returns for its property owners thanks to its thriving economy and booming tourism industry. Turkey’s economic growth of 11% [...]
Turkey considering unrestricted property sales
Turkey’s Environment and Urban Planning Minister Erdoğan Bayraktar announced this week he is preparing a law that will allow almost unrestricted property sales to foreign nationals in Turkey. Currently the country works on a reciprocal basis where by foreign purchasers may only buy property in Turkey if Turkish nationals are allowed to purchase property in [...]
Istanbul property prices increase by 7.42%
New data released by REIDIN.com, the creators of Turkey’s real estate index found average house prices in Turkey have increased again. The country has gained significant property investment from foreign buyers this year as Turkey’s overseas market has flourished, but the growing affluence of the domestic market has also pushed up prices. While prices recorded [...]