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  Turkey
HOME >> COUNTRY REPORTS >> Turkey
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Official name Republic of Turkey
Capital  Ankara
Population  71,158,647
Currency  Turkish lira(TRY)
Official language   Turkish
GDP  $8,900
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  STRENGTHS
  WEAKNESSES

In October 2005 Turkey agreed to enter into talks with the E.U. towards the country’s membership

The crown prince of Dubai invested 5 billion US dollars into Turkey’s property market

Where Europe and Asia meet, there lies beautiful Turkey, a delight for tourists all around the world

Turkey’s property market is compared to the Spanish one back in the 1970’

Housing supply in Turkey lies far behind on demand

Turkey doesn’t have an E.U. membership yet

Underachieving tourism in Turkey may affect the property market in the short to medium term

In the Travel and Competitivness Report 2007 Turkey scored a miserable 110 (out of 124) for government spending on the travel and tourism sector

According to the committee doing the research for this report, the locals aren’t welcoming foreign tourists in the best manner

EU members have also expressed reservations about Turkey's human rights record

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