Due to population growth and continuing urbanization, Turkey will require an additional 5,5 million housing units by 2015.Readmore>>
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The government has announced proposed changes and are finalising details on new criteria for being awarded turkish citizenship. Apparently there are a few ways in which to qualify to obtain citizenship, one is by investing in real estate and one must declare and agree not to sell the property for 3 years, secondly establish a business and hire a stated amount of Turkish workers, or deposit a said amount of money to an account without withdrawal for 3 years...Further details will be given ...
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Turkey is now leading global house price rise league as house prices rose 18pc last year and
rising up steady in some certain cities,
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Borsa Istanbul Chairman Himmet Karadağ stated that real estate securities are in "serious" demand from both individual and corporate investors: "I do not think they can meet the demand in the first security. The first comers will get it."
Karadağ talked to journalists at Borsa Istanbul about the demand collection process of the real estate securities set to start trading on the stock exchange the first week of April.
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