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News Archive: 2012

    14, 2012 May:

    New bill sets Turkey property ready to roast

    The temperature of Turkey's property market was turned up this week as the Turkish government passed a draft bill that allows more foreigners to invest in the country's real estate. The law, which also increases the amount of real estate a foreigner can own, is expected to prompt a gold rush of buyers from the Middle East and EU, with some agents predicting that investment will double to $5 billion each year.

    27, 2012 April:

    Turkey prices continue to increase

    Turkish property prices increased by 0.95 per cent in March, according to REIDIN GYODER home price index.

    20, 2012 April:

    Do you know Tapu?

    Do you know Tapu? If you're planning to invest in Turkish property, Colordarcy says that you should. Speaking to Property Shorooms, the investment company advises investors to become familiar with Turkey's title deed system, which is not automatically transferred to a new owner when a property is sold.

    11, 2012 April:

    Kuwaiti investors surge into the Gulf

    Kuwaiti investors are entering the Gulf and "surging" into Turkey's property market, announced a Turkish government official this week.

    02, 2012 April:

    Istanbul poised for rental growth?

    The year is likely to see Istanbul undergo stronger capital and rental growth than London, according to a property investment company.

    Istanbul poised for rental growth

    The year is likely to see Istanbul undergo stronger capital and rental growth than London, according to a property investment company.

    23, 2012 March:

    Turkey property owners in earthquake insurance plea

    With the property market in Turkey proving popular with overseas buyers and investors, experts are advising would be buyers to check out insurance and building guarantees as it is a part of the world that can be affected by earthquakes.

    22, 2012 March:

    Is this 2012's biggest property money-spinner?

    If you had to name the biggest themes that could shape the industry this year, most of us would probably name the Eurozone crisis, the upcoming elections in France or Greece or the emergence of the US housing market from its record slump.

    19, 2012 March:

    Turkish property market set for huge overseas boost

    The Turkish property market currently stands on the edge of the biggest change since the Turkish government allowed foreign buyers, with some restrictions, to enter the market in 2002.

    14, 2012 February:

    Investor appetite grows as commercial foreclosures keep rising globally

    While investor appetite rose dramatically towards the end of 2011, the level of distressed properties* coming to the market is set to keep on rising globally, according to RICS.

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