The Turkish government recently extended tax exemptions for investors to the auto industry, but as yet analysts are unsure of the effect this will have. They are unsure as to whether this will help increase domestic production of vehicle components, or if it will help the government finally realise its dream of producing a fully [...]
Read more>>>Is Altinkum a Good Place for Buy to Let Property Investment?
I once wrote a comprehensive guide on what to look for in an overseas buy to let (aka fly to let) investment, and how to avoid the pitfalls of such an investment. So, I thought it would be a good idea to do a series of articles looking at various markets and how they stand [...]
Read more>>>Fitch Upgrades Turkey to Investment Grade
Ratings agency Fitch has finally bitten the bullet and done what Turkey and its AK Party has wanted, hoped for and frankly expected of it and the other ratings agencies… You guessed it, Fitch has given Turkey an upgrade to investment rating. Specifically, Fitch upgraded Turkey’s long-term foreign currency Issuer Default Rating (IDR) to ‘BBB-’ [...]
Read more>>>Two Turkish Property Markets to Watch Under the New Law
The Turkish property market is one of the strongest and most vibrant in the world as it continues to go from strength to strength. Looking at data from the Turkish Association of Real Estate Partners (GYODER), in conjunction with REIDIN an Garanti Bank, we can see that, after the rapid growth recorded in 2010, Turkish [...]
Read more>>>Turkish Property Accessibility: What a Difference a Year Makes
Turkey continues to go from strength to strength. There really is no other way to describe it. After 2 years of scintillating growth, which saw Turkey end 2011 with a gross domestic product over 12% larger than it ended 2009, rather than the bubble popping as some had suggested, the economy continues to perform very [...]
Read more>>>Buying Property in Turkey: a Full and Comprehensive Guide
The long awaited (for all those lovely people who signed up for it) Wise Move Homes ebook is finally ready. Buying Property in Turkey: a Full and Comprehensive Guide covers everything from why you should choose Turkey in the first place to choosing a property, getting a Turkish mortgage and completing the purchase process. To [...]
Read more>>>Overseas Property Investment: Emerging Turkey vs Established Greats
Right now Turkey is a rising star in the world of overseas property investment, but its success is also one of its drawbacks. While countries like Spain and Greece have thousands of heavily discounted properties (and in Spain you have waves of bank owned real estate at crazy prices), Turkey has very few discounted properties [...]
Read more>>>New Law Brings Record Foreign Property Purchases in Turkey
Ever since it was revealed that Turkey had drafted a bill to remove the reciprocity clause from Turkish property law reporters in the field have been buzzing like bees round a honey-pot, and analysts aplenty putting their predictions on just how much extra revenue would be brought to market by the incoming buyers from the [...]
Read more>>>How to Rent Your Property in Turkey
This article completes the last in the series of artticles on investing in Turkish property before we compile the Ebook on the topic to send out to all those who have requested it. The last part of the chain for a buy to let investor in Turkish property is to rent the property out successfully [...]
Read more>>>The Pros and Cons of Investing in Turkish Property
We could talk on all day about the strengths of the Turkish package, strong stable economy, strong banking system, strong political system, rapidly growing economy, rapidly growing population, massive tourism growth and on an on with facts, figures and dates to support it all. The trouble is, the people who take this in unquestioningly are [...]
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