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Turkish life is returning to normal Turkey to continue economic development, targets 50 million tourists for 2016

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In response to a call by Turkish President Recep Tayyip Erdoğan, thousands of Turkish citizens took to the streets last night, Friday, to condemn the failed coup attempt and express their support for democracy, which brought the government to power through the ballot box. Crowds of young people confronted the military tanks led by the rebels, forcing them to return to their normal positions in army barracks.

Turkish President Recep Tayyip Erdoğan had held a press conference at Istanbul Airport, announcing that the rebellion had been crushed and that the army had regained control of the security situation, Eyewitnesses reported that life was beginning to return to normal in the streets of major cities due to the absence of coup plotters.

On the other hand, Turkey has attracted significant attention from countries in the region due to the economic development it has led in recent years, as well as reforms and the enactment of new regulations and legislation in the field of trade, which have encouraged foreign and international investment. This has revitalized tourism in the country, making it the preferred tourist destination formany Europeans and citizens of the Gulf Cooperation Council (GCC) countries.

In the real estate sector, Turkey has witnessed significant activity in the investment market, driven by the government’s focus on the tourism sector, which aims to attract more than 50 million tourists in 2016; In 2014, Turkey welcomed approximately 37 million tourists. This growth in tourism has further boosted real estate development opportunities in major Turkish cities, particularly in the construction of and investment in hotels and residential units, Turkey ranked sixth globally as one of the best tourist destinations, while Istanbul ranked third globally in terms of the highest real estate prices.