It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bul

Those looking to capitalise on property investment in emerging markets should be keeping a close watch on Turkey. Turkish property prices are drastically pushing up and up, with capital growth strong at 25%. There is a steady stream of demand for property by local people - after local mortgages were introduced in February 2007 enabling investors to borrow up to 80% of the value of the property.

Added to this, the liberalisation of the real estate market in 2003 attracted international investors to Turkey, regardless of the issue of EU accession. The United Arab Emirates will invest 4.4 billion Euros in the Turkish real estate sector, UK-based Fund Managers and large real estate developers both include Turkey in their residential property investment. Major European, USA banks and investors have gradually established a physical presence in Turkey by locating branch offices there.

Property values have in many places increased by in excess of 100% and in some city centres properties have increased by as much as 150%-200% since 2003. The sales of property in Turkey have exploded and over 21,000 buyers from the UK, Ireland, Germany and Holland have invested in property along the Turkish coastline.

The Country’s property market has seen an increased supply of extremely high quality property developments, especially in major costal areas and cities. Six million new homes are expected to be built in Turkey by 2016. The Turkish banking system was not prepared for this growth, and has no real estate financial tools and lacks the capital to finance the real estate business. Eventually The Turkish Government has reacted to these problems, and approved a new mortgage law in February of this year, which is expected to be enacted by May (2007). 70% of a young population of hungry buyers will be in the market for their first houses. It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bulk

2003 attracted international investors to Turkey, regardless of the issue of EU accession. The United Arab Emirates will invest 4.4 billion Euros in the Turkish real estate sector, UK-based Fund Managers and large real estate developers both include Turkey in their residential property investment. Major European, USA banks and investors have gradually established a physical presence in Turkey by locating branch offices there.

Property values have in many places increased by in excess of 100% and in some city centres properties have increased by as much as 150%-200% since 2003. The sales of property in Turkey have exploded and over 21,000 buyers from the UK, Ireland, Germany and Holland have invested in property along the Turkish coastline.

The Country’s property market has seen an increased supply of extremely high quality property developments, especially in major costal areas and cities. Six million new homes are expected to be built in Turkey by 2016. The Turkish banking system was not prepared for this growth, and has no real estate financial tools and lacks the capital to finance the real estate business. Eventually The Turkish Government has reacted to these problems, and approved a new mortgage law in February of this year, which is expected to be enacted by May (2007). 70% of a young population of hungry buyers will be in the market for their first houses. It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bul

places increased by in excess of 100% and in some city centres properties have increased by as much as 150%-200% since 2003. The sales of property in Turkey have exploded and over 21,000 buyers from the UK, Ireland, Germany and Holland have invested in property along the Turkish coastline.

The Country’s property market has seen an increased supply of extremely high quality property developments, especially in major costal areas and cities. Six million new homes are expected to be built in Turkey by 2016. The Turkish banking system was not prepared for this growth, and has no real estate financial tools and lacks the capital to finance the real estate business. Eventually The Turkish Government has reacted to these problems, and approved a new mortgage law in February of this year, which is expected to be enacted by May (2007). 70% of a young population of hungry buyers will be in the market for their first houses. It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bul

omes are expected to be built in Turkey by 2016. The Turkish banking system was not prepared for this growth, and has no real estate financial tools and lacks the capital to finance the real estate business. Eventually The Turkish Government has reacted to these problems, and approved a new mortgage law in February of this year, which is expected to be enacted by May (2007). 70% of a young population of hungry buyers will be in the market for their first houses. It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bul

It is predicted that Turkey’s annual housing loan market could swell to as much as $60bn annually when the mortgage system begins operating at full swing.

Capital growth projections are around 25% per annum, however popular coastal areas with big letting and resale potential such as the Bodrum Peninsula are predicted to have 40-50% capital growth over the next 2 years. In some cases and locations, we have been able to negotiate preferential prices for bulk purchasing investors with a 30%-40% discount on the property prices.

Turkey with 25% per annum Capital growth on property and an average 7.6% rental yield is indeed a very promising region in comparison to most of the Western European and some East European countries.