73,000 foreign nationals own Turkey properties
Tuesday, April 8, 2008
A report in Today's Zaman stated that Turkey has grown in popularity and has become one of the main destinations for overseas property purchasers looking for an affordable second home in the sun and according to official figures more than 73,000 foreign nationals now own a property in Turkey
Turkey’s popularity is being attributed to an ever improving economy, magnificent climate, and extremely cheap property prices. Majority of overseas investors were found to have invested in Antalya, whereas Mugla and Istanbul are highlighted as other popular locations. Turkish daily news reported that Antalya graph could be set to increase after the new airport in Gazipasa is opened. This has triggered the investment boom and Government also plans to develop Antalya into a year-round holiday destination.
Figures from the Turkish Board of Statistics revealed that the country had attracted visitors from a number of countries. The country is also becoming popular destination for people in Eastern Europe. Today's Zaman commented that the highest demand comes from Germans and Brits. This means that Turkey should also benefit from higher occupancy rates and healthy rental yields.
Social BookmarkingTurkey’s popularity is being attributed to an ever improving economy, magnificent climate, and extremely cheap property prices. Majority of overseas investors were found to have invested in Antalya, whereas Mugla and Istanbul are highlighted as other popular locations. Turkish daily news reported that Antalya graph could be set to increase after the new airport in Gazipasa is opened. This has triggered the investment boom and Government also plans to develop Antalya into a year-round holiday destination.
Figures from the Turkish Board of Statistics revealed that the country had attracted visitors from a number of countries. The country is also becoming popular destination for people in Eastern Europe. Today's Zaman commented that the highest demand comes from Germans and Brits. This means that Turkey should also benefit from higher occupancy rates and healthy rental yields.
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