Property portal House Sales Turkey ( http://www.housesalesturkey.com/) welcomes the news that voters in Turkey have said 'Yes' to constitutional reform in the country. This week saw 59% of those polled voting in accordance with reform that will see, among other things, greater rights and improved treatment of women, children and the elderly, greater fiscal responsibility and the Turkish military being brought under the control of the civil courts. Such reform means modernisation, progress and a boost to Turkey's EU membership bid - all of which will help to sell Turkey property in the long run. Analysts of the Turkish property market followed this vote on constitutional reform in the country with great interest. If the Turkish people voted against reform it could have meant a halt to recent progress and modernisation in the country and could have been an indication of a feeling of displeasure with the current government, none of which would be good news for the demand for property in Turkey in the short-term future. In fact, 59% voted a resounding yes to the reforms which indicates that the people of Turkey are happy with a forward-thinking government, are keen to continue the progress made so far and are looking for financial, social and political stability. This is also positive news for Turkey's EU accession bid. In fact, many of the reforms are indeed steps on the very path to EU accession; voting against them could have been the death knell to entering into the EU. Investors in Turkish real estate want EU accession and the economic boost that many new EU member states enjoy. It is even thought that the reforms could make buying property in Turkey easier as currently the Turkish military has created some unnecessary red tape in the purchase process. Increased control over the military could well remove some layers of bureaucracy, which could attract further foreign investment. |