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Thursday, July 10, 2008

EU membership expected to increase prices in Turkey's real estate market

"EU membership expected to increase prices in Turkey's real estate market
Thursday, July 10, 2008

News in the foreign press pertaining to Turkey's real estate sector experienced a surge in the aftermath of the approval of a bill by Parliament on July 5 that regulates property sales to foreigners. The attention paid to Turkey's real estate sector, which is characterized by low prices, has been increasing, wrote British newspaper The Times, adding that prices in the sector are expected to skyrocket if Turkey manages to join the European Union."

More:EU membership expected to increase prices in Turkey's real estate market - Turkish Daily News Jul 10, 2008