Form strategic consulting investing in propertyPresentation Transcript
İSTANBUL -TURKEY - 2011INVESTING IN PROPERTY FORM STRATEGIC CONSULTING LTD. NİŞANTAŞI – İSTANBUL - TÜRKİYE TEL: +90 212 275 88 47 PBX email@example.com
KEY INVESTMENT CONSIDERATIONSTurkey is a land that shaped history, where the sea meetsthe mountains and where cultures meet each other…Turkey is currently one of the most talked about propertymarkets in the world, with many publications ranking it asone of the top places to invest in property in 2012. Here aresome of the reasons…
KEY INVESTMENT CONSIDERATIONS• ECONOMIC GROWTH The Turkish economy grew 6.4% in 2010. The EU is embroiled in a massive sovereign debt debacle and struggling with sluggish growth in a slow and painful recovery from recession. Meanwhile Turkey has emerged from recession with aggression and vigour to become one of the fastest growing economies in the world. Turkey is now a popular choice with investors as well as holiday home buyers.
KEY INVESTMENT CONSIDERATIONS• MORTGAGE GROWTH According to data from the Central Bank the value of mortgage loans in Turkey increased from 38.6 billion liras in the second quarter of 2009, to 48.9 billion liras in the second quarter of 2010. This represents a year on year growth of 30%. Sources say that this growth continued for the whole of 2010 and that similar growth is expected for 2011 and 2012.
KEY INVESTMENT CONSIDERATIONS• TOURISM GROWTH According to official government figures from the Ministry of Culture and Tourism the 27 million visitors recorded in 2009 represented a growth of 2.7% on 2008. Reports indicate that this growth has not only continued but accelerated in 2010, with their reports showing Turkish airport traffic up by 30% in the first half of the year.
KEY INVESTMENT CONSIDERATIONS• RAPID POPULATION GROWTH ESPECIALLY IN CITIES The Turkish population is expected to grow to 83 million by 2023, up from the current 74 million. Because of migration, both from within and out with Turkey, cities like Istanbul and Izmir are seeing exceptionally rapid population growth, with Istanbul’s population expected to grow by over 15% (from 12.7 million to 15 million) between now and 2015. Combined with the growth factors above this is causing exceptional demand for housing. Istanbul property is expected to be in especially high demand, as the city will need 250,000 of the total 500,000 homes needed in Turkey by 2015.
KEY INVESTMENT CONSIDERATIONS• THE STAR OF EUROPE All these things point to strong growth in the Turkey property market in 2012. But perhaps more importantly the country is also one of the most economically stable in Europe at the moment. Inflation, always one of Turkey’s biggest problems fell to the 41 year low of 6.4% in 2010, the budget deficit is running at around 2%, the banking system is robust, interest rates are low with no steep rises on the horizon and unemployment is also falling. All in all the future is very bright indeed. Thus, Turkey with its stable banking system, respectable debt levels, manageable deficit and rapid growth is standing out as the best investment in Europe, and one of the best in the world.•
SWOT ANALYSIS• STRENGTHS• Sound banking system• Recently introduced mortgage system• Strong construction firms with a good reputation worldwide• ULI ranked Turkey the leading and the third investment market in Europe in 2008 and 2009, respectively• WEAKNESSES• High ratio of unlicensed and old housing; ineligible for mortgage credit• Land area is limited and expensive, particularly in Istanbul
SWOT ANALYSIS• OPPORTUNITIES• Housing supply is less than housing demand, indicating growth potential• Expected increase in quality of housing in compliance with the earthquake regulations• Increasing need for residences and plaza buildings• Restructuring process in the cities leading to slum houses being demolished and replaced by quality housing• THREATS• High risk of earthquakes in Turkey, particularly in the Marmara region, which covers Istanbul and the leading industrial zones of Turkey• Traditional volatility of the sector (Source: http://www.invest.gov.tr )
Form Strategic Consulting Ltd.• Form is one of the leading Investment Consultancy Company with an enviable reputation for quality advice, expertise in formulation of portfolio strategies for Investors and Developers.• Our services cover all Advisory and Agency services. We can assist in the identification of an opportunity, provide advice on the design, procurement and construction of a project and can also provide sales and marketing expertise at any stage.• To maximise the full potential of each development, we will utilise our considerable experience and imagination as well as sound commercial knowledge to ‘add value’ to each of the projects that we work on. For the development projects to be successful, we need to assist you, the developer, provide you risk management and also generate innovative and investment led marketing and sales strategies.
Form Strategic Consulting Ltd.• Our main principle is to provide high quality service without giving concession on our work ethics so we can build a trust with our clients to have a long term relationship with them.• Our core strength is the ability to combine expert knowledge of the markets with first class quantitative analysis to offer the highest quality commercial, economic, strategic, and policy advice in the rapidly changing property sector.• Our clients are Property Investors, Property Developers, Landowners, Funders, Hotel Owners/ Developers and Investors…• We ensure that our clients obtain the best possible terms, while at the same time making sure that the business is conducted in a secure and orderly manner.
COMMERCIAL & RESIDENTIAL INVESTMENT OPPORTUNITIES• HOTELS, HOLIDAY VILLAGES, PRIVATE ISLANDS• SHOPPING MALLS• BUSINESS CENTERS, TOWERS, PLAZAS• HISTORICAL BUILDINGS• RESIDENCES, VILLAS• LAND DEVELOPMENT PROJECTS
We are looking forward to working with you …For more information about investment in Turkey : http://www.invest.gov.tr http://www.goturkey.com