Investment in Turkey
Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last fifty years and has become a common investment vehicle.
Although the invest in turkey has plenty of opportunities for making big gains, buying and owning real estate is a lot more complicated than investing in stocks and bonds. In this article, we’ll go beyond buying a home and introduce you to real estate as an investment.
WHY INVEST IN TURKEY IS SO POPULAR ?
-Istanbul was elected as the top city in Europe for development prospects according to Uli-PwC 2013 report
-500.000 housing sales annually in Turkey
-Up to 400 point direct flights from istanbul, 22 direct access to the capital cities within 22 hours.
-A population of 75 million 50% under age 30.
-Urbanization rate of 76.8% as of the year 2012 ,forecast of 2023 is 84%
-Economical growth 9.2% and 8.5 % in 2010 and 2011
-Expected to become the largest economy in the world by 2050
-16th largest economy in the world ,2012 GDP Usd 774bn.
-Secondary potential cities for investment Ankara,izmir,Antalya,Bursa,Kocaeli,Adana and Mersin.
-Turkey is visited by 36,776,000 tourist in 2012
-Turkey is the 6th most favourable tourism destination in the world.
-19 cities over 1 million population.
-Istanbul as the financial centre of Turkey ,has growth potential of additional office development.
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