Is 2013 This Season The Best Time To Commit In Turkish Real estate

Turkey now has witnessed first-hand a period of constant government since the "Erdogan AKP" party government was chosen in 2002 The region has been in a continuous period of social and industrial reform A transformation of the banking system has resulted in an expanded international bank industry which in tango with the ruling party has been enacting more fiscally responsible plans This is evident in the private sector and by government paying down financial obligations which has meant the enviroment of stability and belief. This commenced and was accelerated during the boom At that instant there were a multitude of other stars in the property market that have since faded. Decreased prospects of the areas that were once as attractive due to less challenging way to EU accession and all the economic benefits and thus property market boosts that once went hand in hand.
That seems now to be historical and many would indicate that being tied to the EU is a bar now
So Now, the EU is a shadow of its former self and Turkey is estimated as one of the quickest growing economies in the whole world. Other contending destinations seem now to have costs due to the EU and recession, there are only a handful of destinations in Areas worth purchasing in and Turkey is certainly one of them.
It is in a period that still gives superior value for money with a young population that is aspirational and yielding the advantages of a soaring economy. Maybe it is wise to look at areas that do not have an oversupply but in the conurbations that have a supply lag and can generate higher rental yields. Such As Istanbul Izmir and other emerging cities that have large higher education facilities.
In Turkish holidays the year 2008 hit 26 million visitors, up 3 million from 2007 and has risen each year on year, In the seven years 2002-2009 Turkish GDP growth averaged 6.17% per year. In these same time frames the Turkish government had been reducing public debt and bringing downwads and stabilizing inflation.
This growth is starting to give a different financial investment market there has been recent limitations but it has growth that is the envy of many other economies Infrastructure spending makes specific area changes like new airports and roads.
In conclusion this may be the best year to invest. The prices in some areas are still influenced by world slowdown but in other areas fuelled by new cash rich investors such as Russians and Arabic states that find the Muslim based culture attractive.
The Turkish Property market still seems very affordable maybe not so much in the time honored sense maybe it is best to look at the evolution of the country as a whole it has massive tourism attributes but that is not all and maybe if a collection of goals could be achieved with an investment that would represent a attractive gamble.