Words: Ashley Rigg
Published: 16th September 2010
Turkey: A housing boom ready to roll
The influential Global Property Guide argue that Turkey is one of the more robust housing markets in Europe.
As one of being one of the cheaper destinations in terms of prices per square meter, Global Property Guide believe the housing market will fare well for the following reasons:
- The budget deficit is small
- The banking system is in remarkably good shape
- Inflation is controlled
- The government is democratic, committed to deep-rooted reforms, and is almost certain to be re-elected in 2011.
Source: Global Property Guide