GCC investors snap up Turkish real estate

Istanbul Property24% of all investors in the Turkish real estate market from the GCC countries of the Arabian Gulf, according to a new report from property specialists REIDIN, which says that their numbers have quintupled since Ankara relaxed legislation restricting foreign ownership in 2012. With the number of tourists visiting Turkey from the Gulf up by more than 450% in two years, Turkish property developers are also increasingly customising new holiday homes to meet Arab tastes.

Source: dailysabah