TURKEY PROPERTY PRICES ON THE RISE IN 2012
Property prices in Turkey rose by 0.88 percent in January compared to December last year, according to the REIDIN Turkey Residential Property Price Indices.
The news has spurred on property investors to act now before property prices rise even further in the country and has put a smile on the faces of investors who have already bought in the country.
Real estate values in Antalya were the highest rising 1.25 percent followed closely by Istanbul and Izmir that also reached over one percent.
Rental growth was also reported in almost every location surveyed, with Adana being the only area where rents stayed the same.
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.
2012 is looking to be a good year for Turkey in both the property industry and tourism sector. The country experienced high tourist numbers in 2011 and it has been predicted numbers this year will overtake the figure from last year.
The high tourism numbers has resulted in more buyers choosing Turkey as their next place to invest, which has resulted in property prices rising. It has proven Turkey is a good choice if you are looking for a profitable investment.
Rivermead Global have some fantastic properties available in both Altinkum and Akbuk, with great prices and mortgages available, plus £99 viewing trips to see these properties, please contact for more information.
Source: Property Showrooms