In 2012, Turkey increased sales of residential property, and with it, housing prices have risen by more than 12%, writes Property Wire. This is an indication that more and more of both local and foreign investors interested in buying property in this country. The most popular among foreign buyers enjoy the villas, apartments and homes in the coastal areas and the famous resort areas. Studies GYODER, an association of companies investing in real estate in Turkey, shows a steady growth of the market over the past five years, which is an indicator of maturity and stability. The report made by PWC and the Urban Land Institute companies in early 2012 noted that Istanbul ranked first in terms of investment and development. According GYODER estimates, foreign investment point of view of the Turkish real estate market is expected to grow from the current $ 2.5 billion per year to $ 10 billion a year. HomesOverseas.ru
