Property For Sale - Turkey An Upcoming Market
As it became a candidate to enter the European Union in 1992, many reforms were necessary in Turkey, including economic, legal and, not least, human rights reforms. Much progress has since been made, including the abolition of the death penalty in 2002. However membership of the EU is still not assured, and there are still several issues to be addressed.
One important issue still giving widespread concern is the risk of country-wide Islamic militancy. However in a fundamentally secular state since its founding in 1923, with the guiding principles of enlightenment and rationalism, such a risk is somewhat unlikely to become a reality.
Property prices throughout Europe have been showing steady long-term gains, particularly those in the new member states, and there is no reason not to believe that property prices in Turkey, once it becomes a member of the Union, will not follow suit.