Business & Finance Wealth Building

Do all roads lead to an Istanbul Property Investment?

Turkey will be the “hot spot of hotel investors”, according to experts speaking at the Central Asia and Turkey Hotel Investment Conference, the Hürriyet Daily News recently reported.

As many economists will rush to tell you, there has never been a better time to invest in Turkey’s ‘financial sector’, otherwise known as the industrial Istanbul.

While the benefits of a young population, a growing industry, a large number of blue chip companies moving in, and an increasing level of tourist visits have all been well-documented, and no doubt taken into account by anyone keen on an Istanbul property investment, far less has been said about Istanbul securing The City of Culture 2010 award.

To some this is just a label, but in actual fact it has some pretty powerful connotations that can vastly improve the attractiveness of a city to slightly nervous investors.

Being handed the award sends a message of long-term growth, potential investment, re-generation, prosperity, a steady economy and a truly bright future – both in terms of culture and economy. What is more, this is an award that is capable of turning the brightest of spotlights onto a city, and such positive PR is never a bad move.

In other words, picking up such an award is an investor’s dream come true. You can read more about Istanbul property by clicking here [http://www.istanbulpropertyinvestment.com]

For Istanbul, which is a city that is already benefiting from Turkey recovering from the downturn far quicker than other nations, The City of Culture award was the icing on the cake. It’s latest edition will be one of the biggest and most prominent science and technology park in Eastern Europe and The Middle East, which again has got potential investors watching Istanbul once again.

And, according to PwC those looking to make an Istanbul property investment, will benefit from an economy that is moving from strength to strength. The firm said of Turkey and Istanbul: “The long-term economic prognosis for Turkey generally, and Istanbul specifically, is extremely positive.”

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