Despite the global economic downturn, Turkey's economy is proving to be
extremely robust and in turn its property market is growing from strength to
strength, according to Dubai-based realty and lifestyle website
gowealthy.com.
As a result Turkey is
re-emerging as an established investment hotspot like UAE, especially Dubai, for
both experienced as well as first time emerging real estate market investors who
are looking for good returns, according to the article by Jaimie
Kanwar.
"The economic advancements and developments in Turkey are hugely
positive at the moment and buying into Turkey during this period of growth is an
ideal investment opportunity," said Eric Kaya, director of Cumberland
Properties.
"Would-be investors can now be assured they are investing in
a nation with a healthy economy and one where the property market holds
long-term potential for strong capital appreciation."
Turkey represents
the best investment opportunity in the overseas market that anyone is likely to
find over the next year and a half, the Web site said. The country has rebounded
incredibly since its economic crash seven years ago and is now in a position of
strength compared to the United Kingdome, as it is on the verge of recovery
having already experienced the repercussions of the downturn in their
economy.
Meanwhile, consumer confidence in Turkey increased 2.37 percent
in January to 71.56 points over the previous month on the official index, the
Turkish Board of Statistics, or TURKSTAT, announced last week.
http://arama.hurriyet.com.tr/arsivnews.aspx?id=11042624
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Last Updated ( Wednesday, 28 December 2011 )
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