A property company has announced plans for a major investment into Turkey's blossoming real estate sector. The Goodman group has confirmed it will be directing €300 million (£213 million) into projects involving the logistics market within real estate, reports the Turkish Daily News. A massive 140,000 square feet logistics centre will be.

CarrefourSA, joint venture between Carrefour (Paris:CA) and Sabanci in Turkey, announces the sale of its land located in Merter (Istanbul) to a joint venture between Apollo Real Estate and Multi Turkmall, who will develop one of the largest shopping centers in the country. A Carrefour hypermarket will be built on this site and should open in 2010.

A good site for property hunters in Turkey. There are many apartments and villas for sale. Properties have photo's and descriptions. I saw an apartment from 39.000 Euro. It is worth of visiting the site.

According to the law on 'property purchase by foreigners in Turkey' enacted on January 7, 2006, foreign nationals (real persons) are able to acquire real estate in Turkey on the conditions of being reciprocal and complying with legal restrictions.

Well, check out this before making any decision of purchasing home in Turkey if you are going to use a realtor or real estate.