These factors are making Turkey one of the best countries to invest in and buyers are taking advantage of the good opportunity before property prices rise even further.
Altinkum and Akbuk have been named as popular areas to buy a property by experts in the industry and it is considered now is the time to buy before prices increase throughout the year.
The Daily Telegraph reported last year that most buyers want to use their overseas property themselves as a holiday home, for inheritance purposes, or for retirement reasons.
The new law will create a $10 billion real estate market that will see buyers from Saudi Arabia, Dubai and Qatar enter the Turkish property market.
Turkey’s investor confidence is set to rise rapidly following the news this week and property purchases are expected to rise fast. The country’s tourism is starting to increase with more flights to the Middle East, showing that Turkey is a popular place to be.
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