Turkey is situated in Anatolia and the Balkans, bordering the Black Sea, between Bulgaria and Georgia, and bordering the Aegean Sea and the Mediterranean Sea, between Greece and Syria.
Turkey’s geographical location, which features the only city to straddle two continents, Istanbul, has made it an ideal destination for living and doing business for centuries. Connecting two continents by a body of water known as the Bosphorus, Turkey is home to many ethnic backgrounds, religions and cultures. With the great cultural treasure that holds artifacts, traditions and literature, Turkey is a melting pot of many cultures and peoples. Due to its colorful and long history, this beautiful country is also a mix of old and new, eastern and western, worlds. Tourists looking to enjoy the beach towns in the summer and history buffs that want to explore a country with a rich and dynamic history most frequently visit Turkey. The buzz has increased as of late due to the news that Istanbul will be the Cultural Capital of Europe in 2010, a prestigious and appropriate title that the city has earned through many positive changes. Though the Grand Bazaar, the Bosphorus and the cuisine impress tourists, the hospitality of the citizens is one of the most pleasant and alluring aspects of the country.

Many international real estate companies are hoping to take advantage of the global economic crisis by significantly decreasing prices for real estate projects and thus filling a void in the market, by providing housing at more affordable prices.

Under the supervision of US company Pricewaterhouse- Coopers (PwC), The Urban Land Institute (ULI) prepared a ‘European Real Estate Sector New Trends Report’, earning Turkey the spotlight in 2006 for being the number one country to invest in. What made Turkey an attractive place for real estate investment were a number of things including the tourism sector’s potential, indicating the country’s need for more hotels as the report had stated. The report also stated that Istanbul and Izmir were among the most favorable cities to invest in, also due to a rise in their tourism sectors.