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Property Investment in Turkey
Turkey's EU accession is scheduled for 2012. It is uniquely placed at the crossroads of Asia, Europe and the middle East. One of the sea changes in Turkey has been that of foreign investment. Privatisation has brought in $20bn, with annual FDI projected to $5bn per annum within 5 years.
The 2001 crisis is seen as a distant event unlikely to re-occur given the range of reforms now adopted within the EU roadmap.Strong grwoth rates 9.9% GNP last year, is set to place Turkey in fourth place behind the likes of emerging giants like China, India and Russia.
Bureaucracy has officially been named enemy number one. Whereas it used to 2.5 months to set up a company, it now takes 1.5 days. Other reforms have included reductions in taxes. Examples being corporation tax on direct investments being 10%.
A recent report canvasing the views of foreign firms doing business in Turkey, showed that 72% believed the economic environment has improved. One of those improving sectors has been real estate. Property investment represents a lucrative investment area. New mortgage laws in the pipeline are due to cause an ineviatble flow of cheap money into the real estate sector. A dramatic growth in mortgages is expected, with will feed through to real estate demand pushing up prices as a result.
Turkey is the world's 17th largest economy. Its geography of being between the East and West has seen a growth in logistical companies, with businesses in both regions seeing it as a strategic base. |
 
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Ready Project Opportunity
Ready Project opportunity is good choice of investment for the people who would like to move in to property in short period and live or who would like to rent out the property.Memoshome Construction, sells its own property from first hand to its clients and give good prices.you dont pay any real estate comıssıon and all Memoshome prıces are fıx.You dont pay any extra.also Memoshome Construction follows all the buying procedure steps for clients. |
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The Off Plan Opportunity
Great discounts can be had by buying off plan property. When a developer or builder sells new residential property before it has been completed, that is known as buying off plan property.
Because you are helping to fund the development of the project by buying off plan property there are excellent savings to be had.
Memoshome Construction specialise in building its properties with property investors. investors have more negotiating power and can often procure further discounts of 10-25% that would be unavailable to the individual buyer. These savings are passed on to the investors, which directly translates into greater profits.
By working directly with Memoshome Co., investors have exclusive access to property opportunities long before they have been released to the general public or general investors. Investors obtain property at its lowest price and negotiate substantial and genuine discounts (ie. 10-25%) from current market value. In turn during the build time, the value of the property continues to grow (usually from 10 -15% p.a), so not only do you benefit from the initial discount but also the capital growth. Therefore, off-plan buying through, provides you with maximum return from your initial capital invested.
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