Why You Should Invest in Turkey?
Turkey is day by day striving to be a more significant place in both the global political and economic landscape. One of the prime architects of Turkey’s economic success was undoubtedly the real estate market in the country, which has been welcoming a great deal of investment for years.
Today Turkey, which is the 16th biggest economy in the world, harbors great aspirations for the next decade such as becoming one of the world’s top 10 economies and making Istanbul a finance capital.
Turkey has already taken giant strides towards having a greater focus on the construction and real estate sectors. Turkey, which has succeeded in becoming one of the rare countries that received “investable” rating from international rating agencies in recent years, also manages to maintain stability in the real estate sector. According to the “Emerging Trends in Real Estate 2013” conducted by PwC (PricewaterhouseCoopers) and ULI (Urban Land Institute), Istanbul continues to be one of the most popular destination for future development opportunities. Many other Turkish metropolitan cities represent significant investment opportunities
Currently, you don’t have to be a citizen to purchase or own property in Turkey. Just be sure to consult a CENTURY 21® Broker for professional real estate advice. You will also need a lawyer to carry out a legal search on the title before purchase and registration of the title documents after purchase; and a financial advisor or tax consultant for financial and tax advice.