Turkey is located on the Mediterranean, in the Anatolian region of West Asia , with a small section in Mediterranean Europe separated by the Turkish Straits (Bosphorus, Sea of Marmara, and Dardanelles). With the Black Sea to the north and the Aegean Sea in the west and Mediterranean Sea to the southwest, Turkey is surrounded by Bulgaria and Greece to the west, Armenia , Azerbaijan and Georgia to the northeast, Syria , Iraq and Iranto the southeast. Although most of the country lies geographically in Western Asia , it is sometimes considered to be a European country and is the member of the Council of Europe, and is currently in accession negotiations for membership of the European Union , being an official candidate since 2005.
Giving the investor confidence

Since the economic crisis of 2001 and the reforms initiated by the finance minister of the time, Kemal Dervis, inflation has fallen to single-digit numbers, investor confidence and foreign investment have soared, and unemployment has fallen.
Turkey has gradually opened up its markets through economic reforms by reducing government controls on foreign trade and investment and the privatisation of publicly-owned industries, and the liberalisation of many sectors to private and foreign participation has continued amid political debate.

Growing wisely

The GDP growth rate for 2005 was 7.4%, thus making Turkey one of the fastest growing economies in the world. Turkey's GDP ranks 17th in the world, and Turkey is a member of G20 which brings together the 20 largest economies of the globe. Turkey's economy is no longer dominated by traditional agricultural activities in the rural areas, but more so by a highly dynamic industrial complex in the major cities, mostly concentrated in the western provinces of the country, along with a developed services sector.
The agricultural sector accounts for 11.9% of GDP, whereas industrial and service sectors make up 23.7% and 64.5%, respectively. The tourism sector has experienced rapid growth in the last twenty years, and constitutes an important part of the economy. In 2005, there were 24,124,501 visitors to the country, who contributed 18.2 billion USD to Turkey's revenues. Other key sectors of the Turkish economy are construction, automotive industry, electronics and textiles.

Property

Property in Turkey costs a fraction of what property costs in the UK, in Spain, France or Cyprus. It is good value and it is rising in value annually in line with demand.