'Good economy' key to Turkey popularity
The Turkish property market is in good health and looks likely to stay that way, according to an official at a bank in the country.
General manager of IsBank Kaan Tokat said that the Turkish market is popular with British people and this fact does not look likely to change, reports Homes Worldwide.
Reasons cited for this trend include the value for money offered to people in the area and numerous other benefits, Mr Tokat suggested.
Additionally, he said that the economy in the country is stable and this goes hand in hand with a stable political situation.
"Turkey provides a stable economy and political environment that helps property hold its value and grow in commercial worth," he commented to Easier.
His comments came as the bank announced that it is to offer a new mortgage product to UK nationals in Turkey in British pounds.
In related news, further investments are anticipated in the Turkish market, according to the International Investors Association.
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