TURKEY PROPERTY TO BE A POPULAR CHOICE FOR INVESTORS IN 2012

A Place in the Sun has reported that 2 million Brits are set to retire in 2012, which will be a challenge for the UK property market. The property experts have stated that an increasing number of retirees are looking to buy an overseas property for this reason.

The Department for Work and Pensions has revealed the figure has risen by 22 percent compared to last year. By 2030, the government has predicted that there will be 15 million retired people living in the UK.

Travel experts have predicted that Turkey will be one of the popular choices to buy a property as more people are thinking of buying abroad after they retire. Others areas suggested have been Australia and the U.S.

2011 was a good year for Turkey and its healthy economy has attracted a lot of foreign investors from around the globe.

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.

Popular areas in Turkey are Altinkum and Akbuk, which are known for their impressive beaches, golf resorts and wide selection of restaurants.

Altinkum means ‘golden sands’ and has a luxury marina that has resulted in property becoming very popular in the area.

Akbuk is located between mountains and green forest and is known for its stunning views. The area’s clear blue waters attract many tourists every year for its peaceful atmosphere.

Both areas are expected to be a popular choice amongst tourists to visit this year and are becoming known for their laid-back and friendly attitude.

Travel experts are saying now is the time to buy in Turkey as the country is experiencing more demand from property investors. The popularity of the country is rising and more tourists are choosing to holiday in Turkey, which is great news for investors.

Rivermead Global have 2 bed 2 bath apartments in Altinkum starting from only £38,500 completed and ready to use/rent out, amazing quality and facilities boasting an indoor pool, large outdoor pool, bar, restaurant, gym plus much more.  These apartments are 86+m2 so a good size and with the popularity rising they won’t be this price for long.

Source: A place in the Sun