Aydin Cakir, director of Turkey based Turkish property agent New Home in Turkey has said that the removal or easing of visa-restrictions on Turkish travel could boost the Turkish property market, he said on the company’s website:
“Removal or easing of visa restrictions between Germany and Turkey may also boost the Turkish property market. Germany is Turkey’s largest tourism market, and holiday makers tend to become holiday home buyers, visa-free travel would certainly make visiting a property in Turkey easier, and therefore ownership more attractive.”
The comments came in response to the comments of Mercedes-Benz Finansman Türk General Manager Franz G. Koller, who has indicated frustration at Germany’s failure to cut red-tape on travel and investment in Turkey and Germany, which is causing German businesses to “lose ground” on Turkish investments.
Koller seemed particularly hacked off at the fact that the EU had removed visa-restrictions on travel between the EU and 3 non-candidate countries: Serbia, Macedonia and Montenegro, while Turkey, an official candidate since 2005 has been left out in the cold.
Koller’s statements come days after it was revealed that Turkey is now the fastest growing economy in the OECD and one of the fastest in the world. One of the biggest growth sectors in such a rapidly emerging market is automobile ownership, a status of rising affluence. It is certain that Mercedes Benz would very much like to be part of this growth.
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