According to Alanya Homes portal, in a recent survey released through PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI), Istanbul has earned first place as the preferred investment and development opportunity among European cities. This is the second year in a row that the city of Istanbul has ranked as the top preferred European city for real estate investment.
Of more than 600 topmost real estate investment professionals throughout Europe, the general consensus was very specific in their reasoning for choosing Istanbul as the city to invest their real estate dollars. This reasoning includes the surging population of young professionals, a growing economy, high levels of retail development and escalating consumer spending.
For those who have the means, Istanbul and other pockets of Turkey should be at the top of the list when it comes to searching for real estate investment and development opportunities. There is a strong and continuously growing real estate market in Turkey and there is no sign that this upwards slope will discontinue any time soon.