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Turkey Became a Hotspot for Foreign Developers

Turkey Became a Hotspot for Foreign Developers
Number of foreign construction companies building properties in Turkey increased eights times in 2012. The most popular resorts to invest in were Istanbul , Antalya and Mugla .
  Currently, a quarter of foreign companies operate in sectors such as construction and renting properties. The total amount invested in construction by foreign companies in 2012 was 1 billion 254 million dollars.  In the first six months of 2012, 53 new foreign investment companies were established, and foreign investors purchased shares in 7 construction companies. At the moment, 2,850 foreign investment companies operate in Turkey. 1,125 of these are located in Istanbul , 651 are in Antalya , 237 in Ankara , 208 in Mugla and 128 in Izmir


  In 2012, overseas investment companies proving rental services in Turkey increased by four times. In the first half of 2012, 110 foreign investment companies operating in rentals were established, 3 foreign companies opened branches in Turkey and foreigners purchased shares in 18 Turkish companies. Currently, 4,897 foreign investment companies rent properties in Turkey. 2,661 of these companies are located in Istanbul, 840 in Antalya, 493 in Mugla, 323 in Ankara and 197 in Izmir.  Egyptian company Orascom Holding and Russian Costa Group are currently looking for land to build residences.  The richest businessman and owner of Orascom Holding, Naguib Sawiris, stated that he is currently looking for a land larger than 1 million square meters in Turkey. Costa Group is also looking for land to build boutique hotels and villas in Istanbul, Bodrum and Antalya. 
 

Turkey Photos

Turkish Desserts

Black Sea Region of Turkey

Best Beach Clubs in Turkey

Unesco World Heritage Sites in Turkey

Top 10 Museums of Turkey

Yachting in Turkey and Gulet Boats

Turkey Property For Sale

KUSADASI

£158,884
3 Bedroom Detached Villa in

MARMARIS

£83,623
2 Bedroom Apartment with sea

FETHIYE

£103,000
3 Bedroom Apartments in Fethiye's

BODRUM

£158,884
Great sspacious villa for sale

Turkish Food Recipes

Chicken Meatballs - White Meat Courses

Main Course

Stuffed Aubergines in Olive Oil - Vegetable Courses

Main Course

Swordfish on Skewers - Other Main Courses

Main Course

Lemon Cake - Cakes & Cookies

Tea Time Pastry

Borek with Spinach - Pastries

Tea Time Pastry

Courgette with Olive Oil - Vegetable Courses

Main Course

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