Turkey's bid to join the European Union could help to benefit investors in its property market, according to an expert.
Rhiannon Williamson, director of ShelterOffshore.com, said the government and most of the population were in favour of the country joining the international body. She stated that authorities were currently working to ensure that the country met all the criteria outlined in the EU's entry requirements. Which is good news for potential purchasers of investment property in Turkey.
Ms Williamson commented: 'All is being done to make property laws comparable with those in European Union member states.'
She added that this would give investors confidence and security in the Turkish property market.
The country's proposed bid to join the EU has already met with opposition by some member states, including Germany and France.
However, other nations such as Spain and the UK have both come out in favour of Turkish accession.
SOURCE: www.propertyshowrooms.com