Turkish Parliament Adopts Law Allowing More Foreign Buyers

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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Turkish Property Price Growth Strong but Sustainable in 2011

According to the latest data from the Turkish real estate investing partners association (GYODER) Turkish property prices grew by about 10% last year. The body’s data from December shows steady growth of 0.78% on the month, similar to the average monthly growth throughout the year, although the year on year growth has accelerated from an [...]

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