Buying Property In Altinkum – Ultimate Guide When looking to buy a property in Altinkum Turkey it is very important to do your research. Most people will begin that search online. A quick Google search for property in Altinkum will pull up about 348,000 results. With so many results to look at it can be […]
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, […]
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 has had a successful few months for tourism with both the number of foreign visitors and tourist revenues increasing, according to news agency Reuters. The number of tourist arrivals in Turkey grew by an impressive 12.43 percent in December 2012, which has resulted in attracting the attention of investors across the globe. The total […]
The Turkish property market is making its way up the overseas property ladder and has become one of the most attractive investment destinations for real estate. The Association of Real Estate Investment Partners (GYODER) has reported that Turkish property prices are currently increasing by 10-12 percent each year and have been increasing month-in-month-out for the […]
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 currently proving to be a great investment in the current economic climate. As other countries struggle with debt Turkey is showing great promise, especially in property.
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.
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.
The purchase of modern properties in Turkey has risen 7% compared to last year, seeing UK buyers choosing Turkey as their place to buy a modern second home.
Bodrum is attracting many UK tourists for its ST Tropez feel but the difference between the posh French location and Bodrum is its outstanding value for money.