| From Propertywire.com: EU membership has proven to be massively beneficial to property markets, as we have seen in places like Estonia, Romania and Bulgaria. But there is a lot of opposition to Turkey’s membership within the EU most notably from France, Germany and Austria. Although talks are on-going an actual date for membership is several years away.But the truth is Turkey's property market is growing in leaps and bounds even without EU membership.
One of the great advantages of Turkish property I have found is that despite reported price rises of between 30% and 40% over two years in popular areas prices are still relatively low. This is especially so when compared to what could be called its regional rivals; places with similar climates and attributes like Spain and Italy. You can buy a two bedroom apartment in popular Dalaman for a little over £40,000. Another advantage Turkey has over the two mentioned above, is that it is a much larger country and the government is acting early in its boom cycle to try and prevent over development and crowding in the most popular areas.. ..... Full Article: Source
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