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Istanbul tempts new wave of property investors

Posted on 20 September 2012

A revision to Turkish property laws, announced in May, abolishes a reciprocity rule that only allowed investors from countries where Turkish nationals could buy real estate - such as Britain, Germany and the Netherlands - to buy property in Turkey.
The bill also allows the government to double the amount of land foreigners can buy in Turkey to 60 hectares, although for now a limit of 30 hectares remains………………………………………..Full Article: Source

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