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Turkey in the News: Leading accountantÂ’s survey says Istanbul is the best place for property

Posted on 14 February 2011

Date: 07/02/2011
Turkey in the News: Leading accountant’s survey says Istanbul is the best place for property

In a recent survey by one of the world’s leading accountants PwC (PricewaterhouseCoopers LLP), 600 real estate professionals voted Istanbul the best place out of 27 European cities to buy or to develop properties.

Istanbul was also voted 1st for the best development prospects and was 2nd to Munich in Germany for the best returns for existing property.

The PwC report went on to say Istanbul ““is one of the few markets where investors remain confident in the city rather than in their own ability to buck the general trend through superior real estate investment skills,”

Istanbul, London and Munich were in all the top rankings in the survey with Dublin and Athens at the bottom.

7 February 2011

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