Despite unrest, Istanbul continues to attract foreign property investors to its real estate market.

Straddling Europe and Asia, exotic Istanbul is seen as the link between the Middle East and Europe, and as the fifth most popular tourist destination entices millions of visitors every year. 

In November 2015, the Turkish Government announced that it would offer residency to foreign investors.  

Data released that same month by the Turkish Statistical Institute showed that foreign sales had increased more than 25 percent since the previous year.

Showing an increase of more than 40 percent since 2010, Turkish property price growth was second only to Hong Kong in major world economies.

Despite the civil wars raging on its doorstep, Turkey is seen as a safe haven for Middle Eastern investors.

This and population growth are seen as the driving forces in the strong upward movement of Turkish property prices.

Most foreign nationals can purchase property in Turkey without restriction, and after a five year ownership, can sell without any capital gains tax.  

Tax incentives, residency and the rapidly rising market make Turkish property extremely attractive to foreign investors. 

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