WHY INVEST IN TURKEY?
Turkey, located at the heart of Europe, is a vibrant corporate epicentre and one of the most favoured holiday destinations for millions of tourists every year.
With exceptional international investment and en ever increasing tourist market, Turkey has one of Europe’s strongest economies and is predicted to become one of the top 10 Economies in the world by 2050.
As an investment location, Turkey requires an additional 5.5 million housing units by 2015 in order to satisfy predicted demand. According to ABTA, the number of Brits visiting turkey has been growing at a rate of 20-25% per year.
Interesting Turkey Facts
- Turkey benefits from high international investment – Turkey is attracting approximately $11 billion dollars in foreign investment in 2010. (Source: Bloomberg 12 January 2010)
- Turkey attracted around 28 MILLION TOURISTS per annum and is hoping for 30 million next year (2010).
- Turkey was once the undiscovered golf destination of Europe but in the past couple of years that position has changed dramatically. Belek Golf Resort (Antalya) has plans to become Europe’s premier golfing destination and two of the courses to be built are being designed by Jack Nicklaus and Nick Faldo.
- A leading global financial management and advisory company, expects the Turkish economy to grow by 4.5 percent in the coming year (2010) Source: Today’s Zaman 11 December 2009
Summary
All these factors are providing strong anticipated capital growth and an exciting corporate and seasonal rental market. Turkey is indeed an exceptional investment contender, and there has never been a better time to secure discounted property in the area.
