EUROPEAN INVESTORS ARE INTERESTED IN BUYING PROPERTY IN TURKEY | Property in Turkey
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EUROPEAN INVESTORS ARE INTERESTED IN BUYING PROPERTY IN TURKEY

Posted by Property In Turkey on 11 May 2016
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Within the context of the report called Trends Developing In The Real Estate Europe 2016, the announced information has approved the fact that Istanbul has been attracted by European investors and Istanbul is accepted a safeful port for an investment. The report that is announced by the partnership of ULI and PwC, Istanbul has been recorded as the 14th market among the cities that are the most attractive ones among these investors.

The results of the Report of the Trends Developing In The Real Estate Europe 2016 that is prepared by the partnership of Urban Land Institute (ULI) and PwC has been announced with a meeting held in Istanbul and Istanbul city has come to the forefront in fact. According to the list of “Best Investment Markets”, Istanbul ranked the 20th among the European cities that are opted by these investors and this year Istanbul has rised up to the 14th in the list. This means that many people bought property in Istanbul.

However, the real estate market of Europe is less hopeful than the year 2015 regarding the capital flow to the market. While %71 of the participants of 2015 were saying that the amount of own capital for the new invesmets and finances again, this year this saying has been realised up to %55.

The Report of the Trends Developing In The Real Estate Europe 2016 also declared that an alternative comes to the forefront as against the purchasing of the existing wealth and new real estate development projects. In the report, the matters like global capital flow, showing an alteration of region / interurban economic performance, geopolitic risks, technological conversion, demographical changements and climate change/exiguity of sources among the basic developments to affect the real estate investment strategies between 3 and 5 years. More than %10 of the people who have participated in the survey has also discussed the effect of the immigration flow coming from the Middle East.

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