Turkey's Investments Ripe For The Picking

Feb. 18, 2010 - PRLog -- According to a story on businessneweurope.eu, investors are attracted to Turkey’s large and youthful workforce, expanding trade links, its open economy and developing capital markets.

The real estate investment market is also experiencing growth as investors who once would’ve sought comparable property in Spain or Portugal turn to Turkey’s affordable investment opportunities.

Turkey has capitalised on its Mediterranean climate, long coastline, low living costs and links to the UK and Europe.

But it’s not just holidaymakers who are discovering Turkey – real estate investors are turning to developing cities such as Istanbul, where a housing deficit is creating a significant opportunity.

Istanbul attracts almost half a million new residents each year, who travel to the city for work or study opportunities. These residents require homes, and 250,000 more each year for the next five years will be required to meet demand.


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