From Buying Property Turkey

Property Market in Turkey is Set to Widen its Appeal

Posted in Buying Property Turkey

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Dec 1, 2008 - 2:59:56 PM

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.