The real estate property has become a booming business in Turkey. The people buy and sell property in the season of tourists. In holidays people hire houses on rent to spend time with families. The investors spend on real estate just to earn rent and hotel charges. Not only houses and building are constructed for business rather it is done for housing purposes. Foreign investment in Turkey is also aimed at the construction of hotels and malls for earning profits. Household buildings are constructed for sale and are also a big business.
Because of Turkey’s participation in European Union, the demand for real estate has increased. The tourism is second factor contributing to increase worth of property in Turkey. Currently the trend of selling private properties to foreigners has given rise to the foreign ownership of Turkish property. Unlimited foreign ownership was banned in the country few years back, but now the law has changed which has reduced local individual property ownership. Most of the foreigners who have invested in Turkish property are British, Greeks and Germans.
Another implication of Turkish property is that a lot of and most of the property is owned by the government. An insignificant total of property was held with individuals who have now sold that to the foreign investors. The name of vakif foundation is worth mentioning here as it is the most important state organization which is controlling and managing the state property since many years. It is also an autonomous body that is contributing to Turkish economy as it is also responsible for running the bank named Vakif bank in the country.
The land owned by the government of Turkey is mostly the rural land that is reserved for agriculture production. The rural land has never been sold to any private firm or investor. This is what which makes Turkey distinctive from other European states which believe in private property. For not considering Turkey as a European Union member, this was also a major reason held previously.
The laws were amended regarding property rights in Turkey to allow and attract foreign investment in the country. Due to lower cost of life in Turkey people of other European countries are buying residential property in Turkey. Climate of the country is also a reason for foreign investment. Tourists spending on the stay in Turkey are a source of encouragement for the foreign as well as the local investors in this regard.
Archive for December 7th, 2009
As the life is highly comfortable in Turkey according to climate, economy, social set up and political rest, the travelers prefer to visit Turkey even if they have been to Turkey before. As the cost of life in Turkey is low, the cost of travelling across the country is also low as compare to other developed states of the world. A lot of people come to see the cultural heritage of Turkey which is kept by the Turkish government. The music, art and the theatre are also an attraction for the tourist and are a source of national revenue. The museums and art galleries are also worth watching.
The historical places and Museums of Istanbul have been amazingly preserved and are a source of archeological testimony of the Islamic and Greek oriented constructions. These museums are a source of Islamic calligraphy, wars, Ottoman Empire and invasion of Alexander the great from Greek. The site of troy is also a historical place where the ruins of great cordon Greek and Trojan.
One of the seven wonders of world is also located in Turkey. It is the Temple of Artemis. Most of its parts have been damaged due to climatic conditions. But still it is the centre of attention for the tourists. Now the reconstruction of this temple was not possible so a miniature of the temple is under construction in a park named, Istanbul Miniature Park and is open for the visits of world wide tourists.
These historical places are mostly situated in Istanbul and can be visited at once on the same day. Another park which is also situated in Istanbul is worth visiting. Its name is minia-turk. The park is a source of miniatures of all historical sights located in Turkey. This park is not an alternative to real historical places in Turkey but still it is worth watching and a source of entertainment.
Due to such historical places present in Istanbul, the city is one of the most important for the visitors. There are numerous hotels, motels and rest houses meant for the tourists from outside the country as well as for local people. The blue mosque, topkapi palace, spice bazaar, grand bazaar and many other places are situated in Istanbul. Other locations of Turkey are also a source of entertainment. The cultural events, museum located in several cities, theatre and cinema are side attractions of republic of Turkey.
The cost of living in Turkey is the significant factor in comparing Turkish life quality with the rest of developed countries. To see the living wage in any country, the most important factors are the education cost, job opportunities, social welfare, cost of medicine, standard of life and expenditure on basic food items. For immigrants of developing countries, savings is the most significant aspect for which they migrate to Turkey or other parts of the world. Similarly the students who migrate to Turkey focus on low cost of living and facilitated life style.
As far as the income is concerned, the people working on low category jobs get such amount that can ensure proper life style. The cost of education in state run schools is quiet affordable for every one working and living in Turkey. In some places the education in state schools is free of cost but the education instruction language is Turkish. The two mediums of instruction are there. One is English medium and the other one is Turkish. The low or nil cost of schooling does not mean that the quality of education in governmental schools is inferior rather state run schools are to facilitate the masses.
The house rents vary from the quality and location of dwellings. The government employees get the house rent allowance so they live in the affordable houses. But in general housing is not a big issue as the minimum house rent is 250$. The minimum wage rate in the country is around three hundred dollars per day that makes the house rent affordable.
If the life cost of United Kingdom is compared with that of life cost in Turkey, it will be astonishing for people that the quality of life in Turkey is better than the United Kingdom. And the cost of living in Turkey is a good deal and stumpy as compare to the one in UK. People living in Turkey enjoy much more quality items of various kinds. The education, house rent, entertainment, various bills and food is available at low prices in Turkey which has helped reduce the differences between various social classes.
As the people of Turkey vale cooking at home, the cost of uncooked food items is highly affordable. The large amount of eating items is bought by the Turks but again the over all expenditure on food is insignificant. The cost of hospitalization is also half less than the hospitalization cost of United Kingdom.
Turkey has been magnificently attracting tourists and settlers from rest of the world due to its social and economic prosperity. When people plan to change nationality and migrate to other parts of world they have to consider numerous aspects of life in the next country. When asked foreigners in Turkey that why one should live in Turkey? They may point out the cultural aspects of Turkey. However, people may prefer living and migrating to Turkey because of various reasons.
The modern and conventional mix Turkish culture is the most attractive facet for new settlers. The Asian as well as the western people can easily settle in Turkey due to closeness of societal set ups. People have no objection on western life styles but for Muslims coming from rest of the world, the only problem can be the veil of women which is forbidden in Turkey. In other cases, the Turkish people are more flexible in their ideas and readily adapt to the modern provisions. They have balanced between the traditions and modernity in an effective manner which is the secret of the progress of Turkey. They openly accept the new settlers. They have a more progressive and peaceful approach towards life.
With the liberal economic and political views, the nation is committed to the economic prosperity of the state. Due to international relations and treaties signed by Turkey, the lives of foreigners are highly facilitated. All kinds of food are available in Turkish restaurants, hotels and cafés with legal sanction. The meat eater is allowed to eat meat. Pork is easily available for Europeans and everyone interested in it. The alcohol sale and usage is allowed legally for those who demand. A variety of restaurants is there for public serving dishes of Chinas, Italian, east, Arabic and Japan.
Not only the food but the quality of life is also an important feature of Turkey. The private life is highly protected and secure. The strong economy and regional treaties have helped controlling prices of all consumer items. The residence is also available with ease. The people are helpful and kind towards the foreigners. The hospitality of Turks is famous worldwide.
The chances of entertainment and relaxation are available to all with out any discrimination. Education institution is strong and is serving the people with quality education. Due to its developmental pace, Turkey is expected to become an important country of United Nations Organization. Hence the wide spread prosperity is the basic reason for why to live in Turkey!
Turkey, known as republic of Turkey is an important modernized Islamic state which is located in a geographical location that makes it Eurasian nation state. As its establishment was a result of an activist movement lead by Mustafa Kemal Ataturk after the end of Ottoman Empire, it has become a sole culture in the world that is a mix of modern Islamic civilization. Culture of Turkey is colored with the traditions of Islam, westernization, modernism, and Greek-o-roman civilization. Such a rich culture has made the life in Turkey as the one which gets appreciation of the entire world.
The social institutions in Turkey are strong contributing to the socio economic development of the country. The family institution is the basic unit which is responsible of performing the social functions of reproduction, socialization and economic support of family members. The family types found mostly in Turkey are nuclear family and the extended family system. People keep the bonds of kinship ties while living a modern life.
Although Turkey has officially declared itself as a secular state but still a modified and modernized version of Islam is practiced by the Muslims in Turkey. Women are still mostly house wives and get married at an earlier age as compare to men. Men are the economic supporters of the family. Although women can work to support the family but it has been found that most of the women are house wives. On the agriculture lands, the ratio of women laborers is higher as compare to men or women working in the urban areas.
The arts and music is highly valued by the Turkish population. For this the state has taken steps to preserve the old cultural traditions of Turkey. Cinema, music and theater are highly valued in this regard. Turkish literature expresses a vital influence of Arabic and Persian prose.
The Turkish constitution has made both, men and women equal before the law but, still law is tilted more in the favor of Turkish women. The education institution is working as a socializing agent for the members of society. The education rate is high which has reduced the birth rate in the country. The general religious customs and obligations are imposed on the Muslims by law and people willfully practice them at their own. The economy of Turkey is one of the strongest economies of the world. All the social institutions are well structured and maintained by the members of the society as well as by the state laws.
The modernized people of the republic of Turkey have a physical resemblance that is similar to both the Europeans and Arabs. The Turkish nation is the one that believes strongly in the socio economic development of the country and in the spirit of nationalism and modernism. Turkish population is portrayed as the youngest populace in Europe, as in the rest of western countries the population is going through the issue of aging. The youth is the largest stratum composing Turkish population. Although the Turkish youth has taken many aspects of western culture but still it possesses their national identities robustly. Acting as the carrier of traditions, the youth is working along with rest of the Turks to preserve rich Turkish cultural heritage. They are strong believers in self and remember their social responsibilities.
Turkish people are the well known for their hospitality and strong family ties. The Turkish people are reputed as generous hosts for the other Turks as well as for the foreigners. They welcome the guests to their homes and do not let any stone unturned in cheering their guest. Special food is cooked at the arrival of guests and is presented before them tenderly. The Turkish people prepares feast like dishes that have historical links with the Ottoman Empire and Greek-o-Muslim foods. The famous Turkish dishes are the cabbage dolma, baklava sweets, and kebabs. Many other kings like dishes are a part of Turkish diet and are loved by the tourists eating in restaurants of Turkey.
The family life of Turks is also worth praising. People have strong concerns with the family members and close relatives. Roles associated with a social position regarding family are well performed by every Turk as it is his primary responsibility. Father feels satisfaction in financially supporting his child until the child gets to an age of earning after completing his studies. The children in return are found to be committed to support parents in the old age. Modernity has not damaged the social setup and admiration of cultural self. The love and affection are also the important aspect of Turkish life. People have pride in their nationality and are patriotic towards the country.
The women are considered as significant as the men of Turkey. The women are modern and radical Muslims who value being functional for the family. The people of Turkey have western dress code and do not carry any traditional clothes. As the roles in society are clearly defined for men and women, both are committed to the perfect performance of their role. This is the secret for the smooth and gradually progressing Turkish society.