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Splitting Istanbul and its effect on the property market

Posted on 26 May 2011

Most people reading about Turkey or even overseas property on a regular basis will have heard of the bold plans unveiled by Prime Minister Erdogan for splitting Istanbul into 2 separate cities for easier governance. The proposed split would be along the Bosporus, with the European side and the Anatolian side becoming 2 new cities.
Istanbul is currently one of the hottest property markets in the world, with commercial property, residential property and holiday property all catching the eye of global investors……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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