Currently, the principle of reciprocity - which only allows foreign buyers to purchase Turkish property if Turks are allowed to buy homes in the buyer's home country - is prohibiting wealthy Middle Eastern residents from investing in the area.
However, these rules could be set to change, a move which may benefit those who already own homes in Turkey as the country may benefit from the expected influx of money from new buyers.
Property Market in Turkey is Set to Widen its Appeal
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Dec 1, 2008 - 2:59:56 PM
Dec 1, 2008 - 2:59:56 PM