Housing demand. It is estimated that Turkey needs approximately 400,000 new residences each year, of which only 200,000 are being built. New mortgage law passed in Feb ’07. Encourage competition in the market, bring down interest rates and increase access to home ownership.In 2005 Turkey began membership talks with the EU, recently made changes to stabilise the economy and bring the country in line with EU regulations.  

Turkey’s 2007 tourism campaign has $120 million budget. Foreign Direct Investment reached an historical climax of $20 billion in 2006.Global brands such as Hilton, Toyota, Ikea, Harvey Nichols and Renault are opening offices in Turkey. High capital growth; last years price increase was 20.6%. ......The main reason prices! This is now one of the cheapest places to buy yourself a holiday home or permanent home, whichever one you choose this will be one of the best investments you may ever make in your life.

Ask yourself where else could you buy a home starting from 20,000, and may I add with this climate as an asset? These prices were Spanish prices 20 years ago, and now they are on offer again in this beautiful country. The Turkish property market is expanding fast with a 20% to 30% increase on your property each year. For more detail please CONTACT US .