Category: Turkey

Select Property prepares for real estate showcase in Kuwait

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Select Property is set to host a property showcase in Kuwait City next week. Summary: Select Property will hold its International Property Investment Showcase on March 18th and 19th It will take place in the Sheraton Hotel in Kuwait City Investors will learn about student accommodation in the UK, real estate in Dubai Marina and beachfront… Read more »

Property prices increase by as much as 16 percent in Turkey

Rental prices have also increased highlighting that Turkey’s stability is making it a favourable location for property investment. In summary: Izmir, Istanbul and Antalya were the most improved locations Sales prices grew by 12.41% nationally Rental prices increased by 12.3% nationally News surrounding Europe is negative at the moment, with economic worries and the Eurozone… Read more »

Turkey is becoming a hotspot for Gulf investors

The reciprocity law in Turkey can be thanked for making it easier for foreign investors to purchase in Turkey. In summary: Gulf investors are looking at Turkey due to Western Europe’s economy Reciprocity law has made it easier for foreign investors Turkey’s transparency has attracted investors A top real estate company has said that Turkey… Read more »

New law attracts foreign investors to Turkey

The law loosens restrictions on foreign investment in the country which should in turn boost the economy. The real estate market in Turkey could see some improvement following a decision by the government to allow a greater number of overseas buyers to purchase property. It was announced earlier this year that the country would relax… Read more »

Retail and property investment create opportunity in Turkey

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Istanbul Shopping Fest plays a large part in retail increases whilst the number of cruise passengers to the country have risen. Turkey is set to expand its retail opportunities following the 2012 Istanbul Shopping Fest with the retail sector gaining the authority of being the nation’s largest employer according to the Economic Policy Research Foundation… Read more »

Turkish house prices have risen and are set to keep rising

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New laws make it easier for foreign investors to purchase property in Turkey. The value of Turkish property increased in May when compared to the previous month. The 1.1 percent rise means that the cost of purchasing a home in Turkey has risen by more than 10 percent in the past year according to REIDIN. Turkey… Read more »

Turkish property to receive huge boost after parliament accepts draft law

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Turkey is expected to see a huge boost in overseas property investment after the country’s Parliament has adopted a draft law promoting the sale of real estate to foreign investors. The new ruling has increased the amount of land a foreign investor can buy from 2.5 to 30 hectares, although the Turkish council of ministers… Read more »

Turkey tourism to hit $25 billion

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Tourist arrivals in Turkey have reached the healthy figure of 31 million, resulting in tourism income potentially reaching $25 billion according to news agency Bloomberg. The predicted figure surpasses last year’s $23 billion according to Turkey’s Tourism Minister Ertugrul Gunay. The news has injected confidence in the sector and has attracted many investors to the… Read more »