News | Activities

Results 1 - 6 of 6
Page 1 of 1

---

New mortgage law to further drive investment

Turkey's new long term mortgage laws means investment in Turkey will become more popular and profitable, Homes Worldwide magazine reports.From January next year, buyers will be able to take out a new mortgage that lasts for 30 years rather than the short term loans currently on offer.In the last five years investors have made returns of up to 40 per cent and with the change in the law, Turkey should continue to be a popular investment opportunity.Jane Griffiths of Mortgageintroducer.com told Homes Worldwide that the new law would also help strengthen Turkey's EU bid."With Turkey's EU...

27-06-2007 - read more...

---

German investors keen on Turkey

Relations between Turkey and Germany are "better than before", according to a leading official. Rainhardt Freiherr von Leoprechting, Turkish-German Economy Congress organiser and Turkish German Chamber of Commerce and Industry (TD-IHK) chairman, said that the countries' relationship was strengthening with an increasing number of Germans investing in Turkey. Speaking at the close of the third Turkish-German Economy Congress, he said that the "first Turkish migration to Germany" involved less educated people, many of whom were labourers. But he told Today's Zaman: "Now...

25-06-2007 - read more...

---

Antalya and Mugla top choices for investment

Antalya and Mugla rely on the real estate, rental and construction business more than any other cities in Turkey after Istanbul, Turkish Daily News reports.According to information published by the Turkish Treasury, some 27 per cent of companies founded using foreign capital in 2006 were based in the two cities.Of these companies, the majority were related to tourism and included real estate, rental and construction, with the most investment in real estate seen in Antalya.Official figures suggest that 23 per cent of the real estate property in Antalya is owned by foreigners, which is...

19-06-2007 - read more...

---

Foreign investment in Turkey peaks

Turkey has risen to become one of the top investment choices for foreign business, Today's Zaman reports. According to the foreign direct investment (FDI) report released by the Treasury, Turkey was among the top five developing countries that attracted investment last year.Turkey received a total sum of $20 billion (£10 billion) in 2006, making it the 22nd investment choice for developing countries, a marked improvement from its 2002 ranking of 53rd.FDI helps to strengthen the world's economy as it generates employment, productivity, encourages the transfer of skills and technology and...

15-06-2007 - read more...

---

Highpoint for investment in Turkey

Turkey's investment environment is improving thus bringing it closer to the requirements of EU entry, according to the Investment Advisory Council (IAC).The group met yesterday to discuss developments in Turkish investment and said it was pleased with the reforms introduced in the country, which follow the guidelines a candidate country must fulfil to become a full member of the EU known as the Copenhagen criteria.This was the fourth time the IAC, a group of prominent businessmen who represent a total wealth of $750 billion, had met in Istanbul. Reflecting on the past three years, the IAC...

13-06-2007 - read more...

---

Turkey is prime destination for investment

Turkey has been described as a "prime" destination for property investment in a leading foreign property publication.According to the magazine, Turkey's infrastructure has evolved to provide foreign buyers with the support and access necessary for development opportunities to become attractive.Speaking to World of Property, Paul Benedek of Solaris Villas said investors could expect good returns as well as Turkey's culture and charm."Turkey has really emerged as a prime property market over the past decade," he said.The Turkish government has focused on developing the...

07-06-2007 - read more...

1