News
Madalena Pizarro, CCA ONTIER's Senior Associate of the Real Estate Department, in statements to Jornal Económico commented the Turkish investment increase obtained with Golden Visas in the first six months of the year. Political uncertainty and the risk of exchange rate devaluation are the main reasons for the doubling of Turkish investment, compared to the same period of 2017.
'We believe that this increase is explained by the current political climate in Turkey, coupled with the fact that Turkey's membership of the European Union is increasingly more distant. On the other hand, Greece, despite its geographical proximity, may not be an attractive alternative for Turkish investors, taking into account their history of tense relations', says Madalena Pizarro.