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.
The positive news has followed another great report from The Telegraph newspaper, which has recently revealed Egypt is leading the global markets in 2012.
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.
News agency The Daily News Egypt has reported the spotlight is back on Egypt’s real estate sector now that property prices are stabilising and developers are recovering from disruptions last 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 Egyptian Minister of Tourism Mounir Fakhry Abdel-Nour has announced tourists have brought in $9.5 billion in revenue this year and the festive season is expected to bring more tourists who want to celebrate Christmas and New Year in a warmer climate.
Since the revolution Cairo hotel occupancies are fairly low compared to the Red Sea resorts such as Hurghada and Sahl Hasheesh, which have been up over 70 percent since August.
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.
Property investors are pleased hotels are back to being full like they were before the revolution and are confident Egypt has a bright future.
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.
Turkey’s recent good news has got investors excited. Buyers have seen an opportunity to purchase property at an affordable price that they can rent out all year round.
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.
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.
Our Inspection trips to Turkey are highly rated by all those who have been on them. There is no hard sell, no pressure, no stress. Perfect for people who want to view the properties in Turkey before they decide to purchase or not.