Real Estate in Turkey Properties Prices in Turkey

Properties Prices in Turkey Summary: This study explores the prices of properties and apartments in Turkey, and the factors determining that. Introduction about Turkish economy:  Turkish economy is the biggest Islamic economy ever, preceding even the economy of the Saudi Arabia, not to mention that Turkey has achieved this all without accession to the European Union.  The intermediate location of Turkey between the continents of Europe and Asia on one hand and the European regions on the other hand is considered a strong factor can be added to the marketing and geographical factors that are favored for the Arab investors. Real estates prices in Turkey after the Law on Real Estate Acquisition of Foreigners After the issuance of the Law on Real Estate Acquisition of Foreigners in Turkey in 2012, real estates prices in Turkey had risen straightway to high levels, especially the old real estates, due to the large demand for them, the thing that the real estate marketing companies began to sense. For that and basing on the new legislation, Imtilak real estate believes that prices of apartments will rise in Turkey from 60% to 90% during the upcoming five years.