Brits lured by Turkish property
Saturday, March 15, 2008
The www.999today.com Web site revealed that property in Turkey ranks one of the most popular overseas property destinations in the UK.
Julian Walker from the United Kingdom-based Turkish property firm Spot Blue has said that Briton's investments in turkey increased much faster than total property investment turkey by foreign nationals. Statistics shows nearly 2.06 million people in the British Isles own property overseas i.e one in 30 people. Favorable property prices coupled with over 300 days of sunshine make turkey a prime target for property investment .Turkish real estate economy is benefiting from a government reforms, infrastructure developments, global advertising of the Turkish brand of tourism and consistent foreign direct investment.
David Nigbur, Former BBC engineer and his wife, Rosemary, said their living expenses is drastically reduced since having their three-bedroom villa in Uzumlu, just outside Fethiye, in southwestern Turkey and the building process is facilitated by spot blue. The British couple was happy about their relocation. A quick overview of the market reveals that prices have increased over 30 percent in this area and the days of bargain property in turkey appear to be long gone but still investors hope to achieve more capital appreciation per annum as the laidback lifestyle, affordability, Mediterranean climate and hospitality of people of the island appeals so much to retirees, holidaymakers and overseas investors.
Social BookmarkingJulian Walker from the United Kingdom-based Turkish property firm Spot Blue has said that Briton's investments in turkey increased much faster than total property investment turkey by foreign nationals. Statistics shows nearly 2.06 million people in the British Isles own property overseas i.e one in 30 people. Favorable property prices coupled with over 300 days of sunshine make turkey a prime target for property investment .Turkish real estate economy is benefiting from a government reforms, infrastructure developments, global advertising of the Turkish brand of tourism and consistent foreign direct investment.
David Nigbur, Former BBC engineer and his wife, Rosemary, said their living expenses is drastically reduced since having their three-bedroom villa in Uzumlu, just outside Fethiye, in southwestern Turkey and the building process is facilitated by spot blue. The British couple was happy about their relocation. A quick overview of the market reveals that prices have increased over 30 percent in this area and the days of bargain property in turkey appear to be long gone but still investors hope to achieve more capital appreciation per annum as the laidback lifestyle, affordability, Mediterranean climate and hospitality of people of the island appeals so much to retirees, holidaymakers and overseas investors.
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