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Investing in property in Turkish coastal areas

According to a leading British tour operator, Turkey has knocked Spain off the top spot in terms of being the most popular summer holiday destination for Britons in 2008. This may not seem so significant, until one remembers that Spain had dominated that top spot for the past 30 years. It ...

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April 8, 2009

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VAT cuts promote luxury home sales in Turkey

The government’s stimulus package includes lowering of the value added tax from 18 to 8 percent for three months for homes over 150 square meters. The tax cut has led to an average of 10 percent decreases in prices. Villa and luxury homes now have prices that are ...

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April 2, 2009

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