Turkey still attractive to investors

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by Kay Murchie

According to New Turkish Properties, house prices in Turkey have risen by 40% in the last 2 years and an increase in the number of flights and improvements to roads and motorways is making Turkey attractive to investors. The company also anticipates that an increase in property prices will continue over the next 3 years.

In addition, a report by the London-based Global Property Guide (GPG) revealed that Istanbul and coastal areas in southern Anatolia are particularly in demand by foreign investors. A considerable amount of money has flowed into these places over the last 2 years.

The report also states that Turkey’s markets are appealing due to its gross national product growth rates over the last half a decade. A reformist government is also making Turkey attractive.