6 Reasons to Buy Property in Turkey Finding a perfect place to live or spend time with their families overseas is a common desire by most people. Everyone wants to live in a home that is safe and complemented by an alluring and friendly neighborhood. With so many countries to choose from around the world, […]
Akbuk – Turkey Akbuk the secret treasure of the Aegean Coast of Turkey is fast becoming one of the most sought after tourism destinations. Akbuk retains the feeling of a small traditional fishing village, legendary for its Crystal Clear Turquoise Sea and renowned for its hospitality and friendliness. Akbuk, located between Bodrum, Altinkum and Didim […]
The demand for property is constantly increasing with more investors wanting quality homes. Professor Unsal Ban added that people now want more from the property sector with the addition of more social and recreational areas as well as smart homes.
Turkey aims to attract further investment to continue growth in its property sector according to news agency Bloomberg. The Turkish government expects to attract at least $10 billion in investment in the sector each year, which is already looking healthy due to continued increases in property prices that are currently over 10 percent compared to […]
Turkey is now beginning to outperform countries like Spain and France in terms of investment after both countries have experienced difficulties during the tough economic climate. Despite property prices rising in Turkey they still remain affordable and offer a great investment into a country with a booming economy and tourist industry.
With more tourists now visiting the country and an increased number of property investors being able to buy real estate, Turkey is certainly going in the right direction for a booming economy.
These factors are making Turkey one of the best countries to invest in and buyers are taking advantage of the good opportunity before property prices rise even further.
Tourism in the country is expected to rise despite the eurozone crisis and with foreign investment across all sectors hitting $15.9 billion last year, 2012 is expected to see Turkey’s investment figure rise even further.
Turkish property will be in further demand after the announcement that foreign buyers will also be able to purchase more property than is currently allowed.
Property prices in Turkey have risen by 0.78 percent in February compared to January this year showing real estate in the country is a good opportunity for property investors.
Altinkum and Akbuk have been named as popular areas to buy a property by experts in the industry and it is considered now is the time to buy before prices increase throughout the year.
The Daily Telegraph reported last year that most buyers want to use their overseas property themselves as a holiday home, for inheritance purposes, or for retirement reasons.
The country has seen a boost in property investors and it has been predicted that Turkey is on track to have a thriving tourism industry over the next few years.
Tourism figures next year are expected to grow, especially now Turkey has had a successful year despite problems across the Euro Zone.
Investors are looking at the long term rather than short term in Egypt and are seeing a great opportunity to invest in a country that will soon have a strong and stable economy.
Neil Hollingsworth from Rivermead Global says “we have seen a big increase in people searching for property in Turkey, especially in Altinkum and Akbuk where you can still get large 86m2 apartments from as low as £35,000”
Turkey’s economy has increased more than four times the Euro zone’s growth, which is why investors now want to buy property in Turkey.
The new law will create a $10 billion real estate market that will see buyers from Saudi Arabia, Dubai and Qatar enter the Turkish property market.
Bodrum in Turkey has become hugely popular with tourists and has climbed to first place with an impressive increase of 971 per cent.
Turkey’s investor confidence is set to rise rapidly following the news this week and property purchases are expected to rise fast. The country’s tourism is starting to increase with more flights to the Middle East, showing that Turkey is a popular place to be.
CIVETS is a fund that invests in Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa. The countries have been predicted to have the best economies and are the favourite places to invest.
Turkey’s successful tourism industry has caught investors eyes and buyers believe the country is the best investment destination in the world.
We can offer individually designed and built private villas with pool, choose your own plot and working with our in house architects you can make your dreams come true and design your own villa in Akbuk. The possibilities are endless.