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Istanbul Property Ranked Best Investment in Europe February 2012 According to 600 of Europe's biggest property investment players, Istanbul is the best place to invest in property in Europe...
Egypt Property Market Looks to Recovery in 2012 January 2012 Egypt is looking forward to a bright new future, and there are high hopes its property market will recover this year...
Turkish Budget Deficit Falls by Over 56pc in 2011 January 2012 Turkey's budget deficit fell by an enviable 56.5% during 2011 compared to 2010. Finance minister Mehmet Simsek stated his belief that Turkey has now recovered from any and all effects of the global cr...
HSBC Report Positive about Egyptian Economy January 2012 HSBC's Global Asset Management Outlook report for this year is optimistic about Egypt's economy and believes it will show positive growth after last year's uprisings...
Investment in social housing in Brazil make sense January 2012 The general consensus amongst experts and investors alike is that within the next few years Brazil will become one of the world’s leading tourist destinations...
Turkish Exports Hit Record High in 2011 January 2012 In 2011 Turkish export earnings hit the record high of $135 billion. This is an increase of more than 18% compared to 2010 when exports reached $114 billion, and significantly better than 2009 when ex...
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Apollon Holiday Village >
Buying property in Turkey has gotten continually easier in the last few years, and foreigners can now buy Turkish property pretty much wherever they want it. There is still some unnecessary red tape, and problems buying freehold in some areas, all because of the military involvement in the government. But this could be about to change.
Restrictions on foreigners buying property in Turkey were first lifted in 2002, but it wasn't really until 2005 that the system really started working for foreign buyers. But even to this day the military still has a say in property purchases and planning applications.
This might change now though, last week the Turkish people voted yes to the government amending the constitution and bringing the military under the control of civil courts, which will more than likely lead to a freeing up of the purchase process.
Turkey property has a lot going for it, the combination of low prices, rapid economic growth, high liquidity and low interest rates is causing a surge in demand for property from Turkish buyers and those from around the world.
According to a recent report some 32,000 foreigners own a Turkey property, and this is set to increase greatly. Turkey was always a popular lifestyle choice, but the unofficial veto by France and Germany preventing EU accession always hampered it from reaching its full popularity with investors.
Now the Turkish economy is growing faster than the EU, and it is in better fiscal condition; in short: Turkey is shaping up as the best investment in Europe, and there is practically no competition for Turkish property with European investors.
Classifying investment property in Turkey, like many overseas property markets is always difficult, because so many different property classes and locations have near-equal investment potential. Throughout Turkey apartments and villas have potential as high yielding investments, with residential rental potential being greatest in the cities, and holiday rental potential being greatest near the beaches and resorts.
It is all about deciding what you are looking for in a Turkish investment property, and researching markets and properties carefully to decide on what is the right investment for you.
City Life 7 per cent rental gtee Citylife is a stunning new development, situated in the heart of one of Istanbuls most established, and prestigious districts, Bahcesehir. The project itself covers a total of 33,000 square metres, an...
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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...
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...
Pattaya - Thailand Hot on the heels of Laguna Beach Resort Jomtien, Pattaya’s most successful resort condominium now over 75% sold out, we are commencing pre-launch sales for Laguna Beach Resort 2. Laguna Beach Reso...
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...
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 ...