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Turkey Property Turkey is major rival admits Spanish estate agent

Turkey is one of Spain's major competitors when it comes to overseas property markets attractive to Brits, one estate agent which specialises in the country has conceded.Casas de Lorca, a business which deals with villa designs, construction and resale property has admitted that several factors make Turkey one of a group of countries which are giving Spain a run for their money as Europe's most popular foreign housing market.The firm said in a statement: "Today, whereas the attraction and appeal of Spain remains undeniable, the cheap flights that have made more of the world affordably...

25-04-2008 - read more...

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Turkey Property Eurasia fair is coming to Istanbul

Istanbul will play host to one of Europe and Asia's most significant property fairs this summer.Real Estate Eurasia is running from June 12th to June 15th and is set to welcome over 15,000 professionals from 60 different countries.Some 250 products and projects will be showcased by countries such as Turkey, United Arab Emirates, Kuwait, Qatar, Bahrain, Kazakhstan, Ukraine, Spain and Italy.According to the Turkish Daily News: "Being a candidate to become the biggest fair of Europe and Asia, and one of the few important fairs in the world, RealEstate Eurasia includes international property...

04-04-2008 - read more...

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Foreign investment welcomed in Turkey

Foreign direct investment has been welcomed in Turkey as more overseas financial experts realise the potential of the Middle Eastern nation.In addition, Istanbul Chamber of Commerce (ITO) chairman Murat Yalcintas stated that it was now even easier for foreigners to invest in property in Turkey."This country has made it easier for foreigners to acquire real estate," he told Real Estate Summit 7 delegates, the Turkish Daily News reports. "We, too, can make progress in this way or by making it even more convenient. Real estate sales to foreigners should not be prevented because...

27-04-2007 - read more...

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British business partners driving Turkish investment

British business partners are helping Turkish firms gain more investment, an expert has said.Speaking at the Turkish Real Estate Summit 7 in Istanbul, experts said that local markets and property in Turkey had benefited from the confidence and finances of foreigners."These big companies have the big players behind them. Before it was industrial, then the corporations moved in and now we see the big funds coming," said the founders of Braemoregemini, who led the way among firms in partnering a British firm, the Turkish Daily News reports.Others agreed that international finance was...

26-04-2007 - read more...

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US firms give Turkey the thumbs up

American firms have voiced their approval of Turkey's investment climate as a poll shows that almost all executives polled rate the market potential as "strong".The American Business Forum in Turkey (ABFT), an organisation of 70 US corporations who have invested in Turkey, also showed that 77 per cent thought that inflation was under control and 88 per cent of firms will invest in the future.This is no doubt good news to anyone who has property in Turkey looking for stable future growth for their investment property as 88 per cent of respondents said that they would recommend...

10-04-2007 - read more...

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Turkey needs more foreign investment

Turkey has welcomed the latest influx of foreign investment but more is still needed, a top Turkish businesswoman has declared.Guler Sabanci, chairwoman of Sabanci Holding's executive board, welcomed Sama Dubai's investment - which she called a 'significant development' for Turkey's economy - adding that more firms should be encouraged to match it.She said that "capital has no nationality" and that it was in Turkey's interest to get more people to invest. For instance, Sama Dubai now owns an extra 46,241 square metres, US$705 million (£360 million) of property in Turkey and Ms...

02-04-2007 - read more...

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