Z
zuzum
New Member
Istanbul is the city of dreams and the hub of finance, providing substantially high capital returns to investors worldwide. According to a report, prepared by PricewaterhouseCoopers and the Urban Land Institute, the Emerging Trends in Real Estate 2009 Europe (ETRE 2009 Europe),Istanbul was ranked number one by European investors. “Confidence” was an important factor in this evaluation; and the preference was low risk investments, based on the current global crisis. In competition with Istanbul, Moscow was the at the forefront in the global real estate sector for the longest time, as the preferred region for the best return on real estate investments. However in 2009, Istanbul surpassed Moscow.
Furthermore, the report (ETRE 2009 Europe) by PWC also expressed that, while the European economy is in regression during this global crisis, it has brought the Istanbul real estate development opportunties to the front lines. Following the rapid progression of the tourism industry in Turkey since the year 2000, there has been an enormous concentration in the hotel sector. While Turkey is taking significant steps in the investment sector; as well as attracting the European investors as the primary region for investment, it’s hard to imagine that the global crisis, will have a substantiating negative impact on Turkey.
While the Turkish real estate market provides productive investment returns in Istanbul; its undisputably becoming just as beneficial in the Antalya property market. The mindful leaders in the investment world aren’t restricting themselves merely to the real estate market in Istanbul, but alternatively expanding their resources into the Antalya property sector. Antalya is referred to as the capital of tourism and has proven this recently as it welcomed over a record breaking 66,000 visitors in one day; witnessing the highest in its history at the Antalya International Airport. With these intensifying numbers, just imagine to what degree, it would clearly stimulate the real estate market in Antalya.
With the global crisis still in effect, sources indicate that investors are holding back with a “what if” question mark in their minds. In spite of this, there is one reality. The property prices have seen rock bottom and from this point forward may shift another 5 – 10%. Chances are these prices will begin to see an upward slope in the up and coming months; particularly during or shortly after the summer season. Many real estate and construction expert sources express that if investors do not wish to miss the boat, and see the most out of their investments, the time to dip into the Turkish real estate market, is truly now.
It is known by real estate experts that Turkey is in the position of attracting investors for the long term. In addtion, if we take into consideration the potential membership into the EU, a long term process, then foreign investors should consider utilizing these advantages to its fullest extent. While Turkey is draw on Spain as a model; consequently applying this model and the time period for accession into the EU, these few fundamental factors may just be noteworthy enough to guide investors into realizing that there are tremendously worthwhile real estate investment returns to be gained in Turkey.
Antalya, is on the road to becoming the new centre of attention for serious investors.
Furthermore, the report (ETRE 2009 Europe) by PWC also expressed that, while the European economy is in regression during this global crisis, it has brought the Istanbul real estate development opportunties to the front lines. Following the rapid progression of the tourism industry in Turkey since the year 2000, there has been an enormous concentration in the hotel sector. While Turkey is taking significant steps in the investment sector; as well as attracting the European investors as the primary region for investment, it’s hard to imagine that the global crisis, will have a substantiating negative impact on Turkey.
While the Turkish real estate market provides productive investment returns in Istanbul; its undisputably becoming just as beneficial in the Antalya property market. The mindful leaders in the investment world aren’t restricting themselves merely to the real estate market in Istanbul, but alternatively expanding their resources into the Antalya property sector. Antalya is referred to as the capital of tourism and has proven this recently as it welcomed over a record breaking 66,000 visitors in one day; witnessing the highest in its history at the Antalya International Airport. With these intensifying numbers, just imagine to what degree, it would clearly stimulate the real estate market in Antalya.
With the global crisis still in effect, sources indicate that investors are holding back with a “what if” question mark in their minds. In spite of this, there is one reality. The property prices have seen rock bottom and from this point forward may shift another 5 – 10%. Chances are these prices will begin to see an upward slope in the up and coming months; particularly during or shortly after the summer season. Many real estate and construction expert sources express that if investors do not wish to miss the boat, and see the most out of their investments, the time to dip into the Turkish real estate market, is truly now.
It is known by real estate experts that Turkey is in the position of attracting investors for the long term. In addtion, if we take into consideration the potential membership into the EU, a long term process, then foreign investors should consider utilizing these advantages to its fullest extent. While Turkey is draw on Spain as a model; consequently applying this model and the time period for accession into the EU, these few fundamental factors may just be noteworthy enough to guide investors into realizing that there are tremendously worthwhile real estate investment returns to be gained in Turkey.
Antalya, is on the road to becoming the new centre of attention for serious investors.
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