Prices and rents for Turkish property rose once again in April. The average value of residential real estate in Turkey climbed by 0.86 per cent compared to March, when prices also rose by 0.95 per cent. Rents, meanwhile, jumped up by 1.02 per cent.
Istanbul saw the biggest increase, with rental rates increasing by 1.18 per cent, while overall prices are now 11.93 per cent above April 2011.
The positive growth follows the introduction of a new law, which will open up the market even more to investors from the Middle East as well as increasing the amount of land foreign buyers are allowed to purchase.
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