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Egypt Property Market Looks to Recovery in 2012
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Turkish Exports Hit Record High in 2011
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Duquesa Village - 65 per cent discounts

Costa Del Sol  -  Spain
Duquesa Village UP TO 65% DISCOUNT AND UP TO 100% FINANCE!! We are pleased to offer 2 and 3 bedroom apartments in thi ...

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Turkey and Hurghada to Benefit from European Decline

Posted On: 21/08/2010

Experts have highlighted the potential for emerging markets outside the Eurozone -- that offer lower living costs and cheaper property -- to benefit from increased tourism and foreign property purchases, due to the weak economic performance and austerity measures in Europe reducing spending power and confidence to buy and holiday in traditional markets.

Liam Bailey of Write About Property applied the logic to the Turkish property market, where he said that reduced spending power would also be joined by increased confidence in the market due to the recent economic performance of the country, and its being comparatively much better than Europe's leading economies. He said:

“We are all feeling the pinch as we struggle into a ‘rocky recovery’, for the next few years, because people always want holidays abroad, we will see continued rises in tourism to low-cost destinations like Turkey, and this will also bring increases in demand for holiday homes and holiday home investments in the country, also fuelled by the country’s low prices.”

In terms of overseas property purchases Bailey said:

"People are more cautious than ever when it comes to buying overseas property. When you look at Greece, Spain and Portugal being downgraded by investment ratings agencies, and Turkey looking likely to be upgraded, you do the math."

The team at Buy Hurghada Property then said that its property market and tourism sector could also benefit from the plight of Europe's economy. They highlighted 4 reasons for this: Hurghada's economic performance being much better than Europe, increasing low budget tourism as the pinch continues, people avoiding Greece because of austerity-fuelled industrial actions, and the low prices of property in Hurghada.

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Napitia Hills


Calabria - Italy
Napitia Hills is perched at the most elevated point of Pizzo providing each property with unobstructed panoramic sea views over the town itself. Within a 15 minute walk you can enjoy the day to day li...

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Tiba Paradise - New Launch!!


Hurghada - Egypt
New Release - Tiba Paradise is the 6th Tiba Project by the highly successful local developers. The project is located in the up-and-coming Al Ahyaa district in a region that is close to Hurghada and a...

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Below Market Value Condos


Florida - America
This ground floor, 2 bedroom / 2 bathroom, 912 sq ft condo has a fully fitted kitchen including washer/ dryer, spacious lounge with dining area leading to a private patio. The master bedroom has an en...

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Elegant Golf Residence - Key Ready


Belek - Turkey
These modern contemporary apartments are situated in a prime area in Belek - Turkey's Golfing Mecca. Not only cosmetically but also with the advanced construction and architectural techniques to be us...

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Laguna Beach Resort 2 - fully furnished


Pattaya - Thailand
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G-Cribs in El Gouna free furniture pack


El Gouna - Egypt
Uniquely situated within the Mansions area in the established resort of El Gouna, the fresh G-Cribs project has come to introduce the concept of youthful style to the area, offering studios, apartment...

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Kusadasi Spa Village Resort - furnished


Kusadasi - Turkey
Fully furnished apartment on stunning development On the Aegean Coast of Turkey is an unspoiled area of natural beauty, an area of historical and natural containing thermal springs built far away ...

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Eco House Developments 20% anticipated return


Natal - Brazil
Invest in social housing in Brazil with an anticipated return of 20 per cent in 12 months. What deposit accounts will offer this return over 1 year? Investment Facts • Minimum investment just ...

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