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Posted On: 01/07/2009
Turkey Property Investment Boosted By Global CrisisThe global downturn is actually increasing interest in Turkish property from overseas investors, and looks set to continue to do so throughout at least the first 3 quarters of 2009, according to overseas property specialists Azure Overseas. Company director Frank Crowley said:
"Because the global slowdown has caused developers to lower their launch prices on off-plan developments in Turkey it is making buying property in the country even more appealing to investors and holiday home buyers. Property prices in Turkey had previously made it an unrealistic destination for many people, but the drop in prices has removed that negative leaving only the positives, which are incredible."Frank went onto lay out the benefits of investing in Turkish properties:
"Tourism to Turkey has risen off the scales in the past few years, beating all predictions in 2008. The predictions for 2009 are that tourism will reach just under 30million visitors. This will ensure that demand for quality rental properties in the popular tourism areas will continue to outstrip supply, making rental yields on carefully selected Turkish holiday properties in excess of 8-10% net."
That is exactly what Azure Overseas is offering to its international client base, carefully chosen off-plan properties in Turkey, capable of making strong rental income and with the potential for making incredible immediate gains when the development is completed.
The Innovida development is one such carefully selected development. Offering 1 bedroom apartments in Istanbul from just £33k, the self-contained resort-style Innovida development benefits from an excellent location and a wide array of facilities including: Communal Pools, Tennis courts, Fitness suite, a 5 a side football field, basketball court, bowling lanes and cafes with terraces overlooking a very green and smartly manicured gardens.As a unique residential Community, this development will have an exceptional new service, the free shuttle transport, Mini Mobil, to service the residents inside the gated area, a first in Turkey.There are still a few apartments left in phase 2 of the Apollon Holiday village, one of the most successful developments in the history of off-plan property in Turkey. 2 bedroom Apollon apartments in phase 2 are available from just over £33k. Phase 3 is now being marketed offering 1 bedroom apartments in Altinkum from just over £19k.
About Azure OverseasAzure Overseas is a member of the National Association of Estate Agents (Overseas) and adheres to the highest standards of customer care and stringent market research/due-diligence.
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