Turkish real estate becoming more transparent

Turkey is leading the way in terms of real estate market transparency, a new report has claimed.

The news is likely to further add to the destination's desirability as an investment option, with strong economic growth and a robust housing market already helping to attract buyers.

According to a report by Jones Lang LaSalle and LaSalle Investment Management, Turkey is the most improved country in terms of real estate transparency for 2010.

Indeed, Turkey has been making its ascent up the table for the past two years, climbing a total of 27 spots and improving more than any of the other 81 countries on the list.

Alan Robertson, managing director of Jones Lang LaSalle in Turkey, said there are a number of causes for the improvement of Turkey's status.

These include a strong commitment by the Turkish government to improving the business environment and the introduction of a number of private initiatives aimed at improving real property data

Mr Robertson added his belief that the trend will continue, making Turkey more attractive to foreign investors, those looking at Antalya real estate listings will be pleased to hear.

Like this? Then share with your friends and colleagues!