Turkey will continue to attract more foreign direct investments
Tuesday, November 17, 2009
The present time offers a good opportunity for overseas investors to invest in Turkish properties, it has been stated.
Recep Tayyip Erdogan, Turkey’s Prime Minister announced that Turkey attracted investments of around USD 6 billion in the first eight months of 2009. Mr. Erdogan said during a meeting at the Investment Support and Promotion Agency of Turkey (ISPAT) that Turkey will continue to attract more direct investments as the global crisis has been overcome.
Erdogan also added that Turkey has become a center of attraction for investments, thanks to its radical reforms, stability and strong economy. There are 22,821 international companies in Turkey, including 12,463 from European countries and 3,888 from the near and Middle Eastern countries, which is good news for those looking properties in Turkey.
Meanwhile, M Bahadir Teker, Founder of broker Istanbul Mortgage said that the country is currently enjoying a favorable combination of affordability, lower interest rates and a plentiful supply of mortgages, according to Financial times reports.
He commented: "We're going to see growth next year and new development opportunities arising mid-year, so I think now is a good time to buy."
In related news, Didim today suggested that Altinkum is a good place to invest in during 2010. The resort is good for tourist rental because it appeals not just to the overseas sector made up mainly of Britons and Germans, but also Turks looking for domestic breaks.
Social BookmarkingRecep Tayyip Erdogan, Turkey’s Prime Minister announced that Turkey attracted investments of around USD 6 billion in the first eight months of 2009. Mr. Erdogan said during a meeting at the Investment Support and Promotion Agency of Turkey (ISPAT) that Turkey will continue to attract more direct investments as the global crisis has been overcome.
Erdogan also added that Turkey has become a center of attraction for investments, thanks to its radical reforms, stability and strong economy. There are 22,821 international companies in Turkey, including 12,463 from European countries and 3,888 from the near and Middle Eastern countries, which is good news for those looking properties in Turkey.
Meanwhile, M Bahadir Teker, Founder of broker Istanbul Mortgage said that the country is currently enjoying a favorable combination of affordability, lower interest rates and a plentiful supply of mortgages, according to Financial times reports.
He commented: "We're going to see growth next year and new development opportunities arising mid-year, so I think now is a good time to buy."
In related news, Didim today suggested that Altinkum is a good place to invest in during 2010. The resort is good for tourist rental because it appeals not just to the overseas sector made up mainly of Britons and Germans, but also Turks looking for domestic breaks.
Labels: Investment-property
