Is 2013 This Time The Ideal Time To Invest In Turkish Land

Turkey now has accomplished a period of strong government since the "Erdogan AKP" party government was chosen in 2002 The country has been in a solid period of societal and economic reform A strengthening of the banking system has resulted in an grown international bank community which in tango with the ruling party has been enacting more fiscally accountable systems This is evident in the private sector and by government paying down deficits which has shaped the enviroment of consistency and belief. This commenced and was accelerated during the boom At that moment in time there were a number other stars in the property market that have since faded. Reduced prospects of the areas that were once as attractive due to less challenging direction to EU accession and all the economic benefits and thus property market boosts that once went hand in hand.
That seems now to be historical past and many would assert that being tied to the EU is a bar now
So Now, the EU is a shadow of its former self and Turkey is quoted as one of the swiftest growing economies in the market. Other competitive destinations seem now to have costs due to the EU and recession, there are only a handful of destinations in Areas worth investing in and Turkey is certainly one of them.
It is in a step that still gives superior value for money with a young population that is aspirational and giving up the blessings of a powerful economy. Maybe it is wise to look at areas that do not have an oversupply but in the conurbations that have a supply lag and can generate higher rental yields. Such As Istanbul Izmir and other emerging cities that have large education and learning facilities.
In Turkish holidays the year 2008 hit 26 million visitors, up 3 million from 2007 and has risen each year on year, In the seven years 2002-2009 Turkish GDP growth averaged 6.17% per year. In these same time frames the Turkish government had been reducing public debt and bringing reduced and stabilizing inflation.
This growth is starting to give a different business market there has been recent plateaus but it has growth that is the envy of many other economies System spending makes specific area changes like new airports and roads.
In summation this may be the most advantageous year to invest. The prices in some areas are still influenced by world slowdown but in other areas fuelled by new cash rich investors such as Russians and Arabic states that find the Muslim based culture attractive.
The Turkish Property market still seems very viable maybe not so much in the old-school sense maybe it is best to look at the evolution of the country as a whole it has massive tourism attributes but that is not all and maybe if a collaboration of goals could be achieved with an investment that would represent a great gamble.