Property in Turkey - Guide to Buying Property in Turkey

[gvydge...@yahoo.com]

Overview
The Turkish Property Market
Historically, it was nearly impossible in most instances for a foreign
national to purchase real estate in Turkey. Indeed, for the most part,
Turkey maintained a nearly absolutely blanket prohibition against
foreign nationals having the ability to directly purchase and own real
estate in that country.
In 2003, the Turkish government liberalized the laws pertaining to the
ownership of real estate in that country. The actual steps taken by
the Turkish government to liberalize the real estate ownership laws in
that country as far as foreign nationals are concerned is discussed in
a bit more detail later.
With the liberalization of real estate laws in Turkey, a growing
number of foreign nationals are taking a second look at the
possibilities and opportunities that exist when it comes to real
estate in that country.
Investment Property in Turkey
Only in the past couple of years has there been any real movement in
regard to investment by foreign nationals in Turkish real estate. Of
course, the primary reason that this is a development of recent times
is the fact that Turkish laws regarding foreign ownership of real
estate were very restrictive until the past few years....

http://groups.google.com/group/szdrealestatel