Whats behind the Rise in Turkey Property Investments?
Turkish Property Market has everything going for it. Recent reforms mean that Turkey is very likely to join the European Union by 2015. (This sounds a long time away, but the majority of gains in Turkish property prices should occur over the next 5 years). The only real question is whether the EU membership will go ahead as the EU commission, for the first ever time, have placed qualifications on this potential member-states invitation. Turkey is a very moderate Muslim country with naturally welcoming and warm people. If you speak to anyone who has been on holiday in Turkey, you will quickly draw a picture of a nation with plenty to offer and a fine tourism industry. Turkey is a lot more than a great place to buy a holiday home in the sun. Here are some other reasons why Turkey will be one of the 5 best performing markets over the next 10 years: • Planned EU membership • Economic growth nearing those of the eastern rising stars, China & India. In 2003, GDP growth was 8%. • Large cheap
