The Independent: Türkiye, a rising star

Aksam – With a growing economy and a bright outlook for the new year, Türkiye is the country of opportunities, especially for real foreign estate investors, according to the British daily The Independent.

In an article on the best holiday and investment locations throughout the world, the newspaper listed Türkiye, among others, for its growing economy and booming property market.

The paper points to the fast emerging country’s relaxed laws that allow the citizens of most countries to acquire property and Istanbul’s vital status to Türkiye’s economic life.

Accounting for 55 percent of the country’s trade, Istanbul’s popularity has boosted even higher when it comes to international real estate investors. Türkiye’s financial capital is also known for its lower real estate investment costs than its European counterparts and offers profitable returns for buy-to-let buyers in 2013, the article states, citing industry experts.

Türkiye has jumped four spots up to become the third most favorable real estate investment location among emerging markets, according to a newly released survey by the Association of Foreign Investors in Real Estate (AFIRE). The country is ranked fourth; up from last year’s ninth, in providing the best opportunity for real estate price appreciation according to the same survey.

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