Saturday 21 July 2018

Istanbul attracts real estate investors

A survey by Price Waterhouse Coopers (PWC) and the Urban Land Institute ranked Istanbul first in ‘Development Prospects’ in its Emerging Trends in Real Estate Europe 2013 report.

Istanbul attracts real estate investors

April 25, 2013

The annual report analysed commercial real estate values in 27 European cities.

Istanbul ranked second in ‘New Property Acquisitions’ and 4th in the ‘Existing Property Performance’ category.

GYODER (Turkey’s association of real estate investment companies) predicts that overseas investment in the Turkish property market will rise from $2.6 billion in 2012 to around $10 billion per annum within the next few years.

Changes allowing buyers from new countries including those in the Middle East and Russia to buy in Turkey have meant that the Turkish property market has been largely unaffected by the property slump in the Eurozone countries.

House prices increased by an average 12% in Turkey during 2012 and foreign investment in the real estate sector increased by 31% year-on-year.

ABOUT US

Estates Report is a comprehensive summary of the latest real estate news, analysis and opinion from around the world.

 

Our goal is to ensure property professionals, investors and anyone else with an interest in the property market access up-to-the-minute reports in their own language.

 

Read more here...

CONTACT US

Estates Alliance Limited

86-90 Paul's Street

TECH City

London

EC2A 4NE

England

 

Email: Click here to send us an email...

 

Send in articles:

Submit an article to Estates Report here...

ADVERTISE

We provide tailored advertising solutions for real estate agents, developers, property professionals and other businesses related to real estate, anywhere in the world.

 

To attract more customers to your business, contact editor [at] estatesreport.com for a quotation.

 

View the list of our services here...

ER ON FACEBOOK

ER ON TWITTER