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UNDERSTANDING THE BARRIERS TO REAL ESTATE INVESTMENT IN DEVELOPING ECONOMIES

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Despite ongoing domestic political tension, vulnerabilities in the economy and continued volatility in global financial markets, Turkey remains an attractive longer-term investment market, being the second most populous country in Europe after Germany and the sixth largest European economy. It has a young and growing population of over 70 million – 43% of the Turkish population is under the age of 25 and sizable migration to the country’s cities is taking place. These demographic trends compare favourably against those of aging Europe. In addition, Turkey has increased its real per capita GDP in USD terms by more than 30% over.