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Real Estate Briefing - Categorized | Investment, Market Moves more

Opening up of Turkish property market driving demand

Posted on 03 January 2013

Opening up the Turkish property market to new buyers is helping to drive demand, according to one industry expert. Bilfer Budak Roche, who heads up Leggett Turkey, explained that since the country gave access to buyers from new countries such as the Middle East and Russia, Turkish real estate has been the subject of much more activity.
Abolishing the reciprocity rule has also helped to drive demand for some of the country’s key resorts, ensuring the eyes of many investors are firmly on Turkey. Research from the association of real estate investment companies (GYODER) has shown that in 2012, new home prices in the country grew by just over 12 per cent, bucking the trend for falling prices across Europe………………………………………..Full Article: Source


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