Tuesday, 7 August 2012
Istanbul quickly becoming new investment hotspot!
According to experts, Istanbul is rapidly becoming the new investment hotspot.
Knight Knox believes that the country's surge in popularity among international investors is down to the recent rush in construction of commercial property as well as continuing demand from businesses.
Dave Smith, who is a Property Consultant at Knight Knox International has stated that "Turkey has always been a popular destination with our buyers...and even more so now, as it is viewed as a more secure market than other countries in Europe. In particular, enquiries into property in Istanbul are increasing, as investors look towards gaining an income from the residential property market."
A report by CBRE has recently shone a lot of positive light on the cities outlook, with multiple banking companies, insurance and organisations set to expand and/or relocate to Istanbul over the next year or so..
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