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>>>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>>>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>>>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>>>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>>>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>>>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>>>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 [...]
Read more>>>The EU enlargement commissioner Stefan Füle has been in Turkey for the last few days as through him the EU looks for a fresh start on Turkey’s stalled accession process. On Thursday Füle sat down with the Turkish Minister for European Affairs and Chief EU negotiator Egemen Bağış in Ankara to ink a new “positive [...]
Read more>>>The Turkish economy was officially the fastest growing in Europe in 2011, with a GDP growth rate of 6.6%, following the growth of 8.2% in 2010, but now the government is predicting a slowdown to around 4% this year and some doomsayers are predicting much worse. This may worry some sectors but the property sector [...]
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