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Francois Hollande Election Victory Unlikely to Affect French Property
May 2012
Francois Hollande’s recent election victory may have sent shivers down the spines of the property investors in France, but experts feel the result will have little effect on the property market. In fa...

Property Prices in the US Forecast to Rise 4pc Annually for the Next Five Years
May 2012
Property prices in the US have been forecast to rise 4% a year for the next five years, although the average home in America has lost one third of its value since 2006....

More Signs Show US Property Market to be in Recovery
May 2012
In March, pending home sales in the US increased, providing further proof that the property market is finally on the road to recovery....

Bank of America is Approving More Short Sales
April 2012
The Bank of America Corp., is approving more and more short sales as an alternative to foreclosure...

Germany Set to Enjoy a Good Year for Residential Sales
April 2012
According to Savills, Germany is set to enjoy a very good year of residential sales, especially as more residential units are being sold in large packages of around 10,000 units for the first time sin...

Altinkum will see a major facelift of main beach.for 2012
April 2012
Visitors to Altinkum this year will see a major facelift of main beach. Work has recently begun which will give the seafront a transformation in time for the start of the holiday season. Tourists will...

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Istanbul Property - a World Beating Cheap Investment in 2011

Property in Turkey

Experts are agreed; Istanbul property is currently one of the best investments on the global market. A set of realities and circumstances have converged in a time of great economic uncertainty to make property for sale in Istanbul an excellent real estate investment. Here is what makes Istanbul apartments and property such a great investment over the next 10 years.

Turkey's Stable and Growing Economy

The Turkish economy is currently the fastest growing economy in the world, and within that Istanbul is the fastest growing economy in Turkey. Apart from that research by the Brookings Institute in 2010 found that Istanbul was the fastest growing city in the world, in terms of GDP and employment growth.

The Turkish economy is also stable, with low public debt and a budget surplus, and unemployment is currently falling. The current account and trade deficits are the only areas of concern, and runaway export growth is helping to close them -- inflation is currently running a little high, but the government is yet to raise interest rates.

Turkey's Banking System

One of the main reasons Turkey has rebounded so strongly from the crisis is that its banking system was relatively unaffected by it. This is partly because of the country's low exposure to sub-prime mortgages, but also because the banking system had already been reformed by the AK Party after the Turkish financial crisis in 2002. Turkey's banking system is now one of the strongest in the world and liquidity is high.

Growing Turkish Mortgage Market

According to the Turkish Central Bank the mortgage market grew by 20% in 2010, and it is forecasting similar growth this year, and over the next few years.

Population Growing Rapidly in Numbers and Affluence

And now we finally get down to the specific reasons why Istanbul property, and particularly apartments in Istanbul are such hot investments. The Turkish population is growing rapidly, but the population of Istanbul is the fastest growing in the country, and one of the fastest growing in the world.

By 2015 it is estimated that 500,000 homes will be needed in Turkey, 250,000 of which will be in Istanbul. As the population grows rapidly in affluence and number they seek better property, you have the natural population growth, and migration from across Turkey, the Middle East and Europe, all looking for property to buy a rent. At present developers simply cannot keep up with demand for Istanbul real estate, and this is the central reason for its popularity with global investors.

example property

City Life 7 per cent rental gtee
Citylife is a stunning new development, situated in the heart of one of Istanbuls most established, and prestigious districts, Bahcesehir. The project itself covers a total of 33,000 square metres, an...

1 Beds
Price: £60,000

example property

Spor City - New Launch!!
SPOR CITY DESCRIPTION. Every day peoples’ biggest wish is to see the smiling faces of people they know, to live with comfortable living standards and, most importantly, to be in a safe environment....

2 Beds
Price: £65,520

example property

Still Istanbul Comfort
Still Comfort presents one of the best opportunities for clients to capitalize on Istanbul’s significant housing deficit and comes with a credible exit strategy namely the local market. Recreationa...

1 Beds
Price: £51,743

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Property For Sale in Istanbul

City Life 7 per cent rental gtee


Istanbul - Turkey
Citylife is a stunning new development, situated in the heart of one of Istanbuls most established, and prestigious districts, Bahcesehir. The project itself covers a total of 33,000 square metres, an...

Property Details >

Spor City - New Launch!!


Istanbul - Turkey
SPOR CITY DESCRIPTION. Every day peoples’ biggest wish is to see the smiling faces of people they know, to live with comfortable living standards and, most importantly, to be in a safe environment....

Property Details >

Still Istanbul Comfort


Istanbul - Turkey
Still Comfort presents one of the best opportunities for clients to capitalize on Istanbul’s significant housing deficit and comes with a credible exit strategy namely the local market. Recreationa...

Property Details >