Moneycorp believes Turkey is a tasty destination for UK investors
Friday, May 23, 2008
Turkey is becoming more and more popular with British investors. Moneycorp currency dealing desk has revealed that the number of inquiries relating to buying property in Turkey is increased more than threefold between 2006 and 2007.
Moneycorp believes that Turkey continues to attract a high level of interest from investors in spite of the fact that number of economic problems like the global credit crunch is affecting demand for property in some countries. The slump in the global economy is not putting off the property investors from entering the Turkish market. Britons are choosing to visit countries which are not part of the single European currency as pound is now at a record low against the euro. This trend could prove to be advantageous to owners of rental accommodation in Turkey.
Overseas property buyers are increasingly choosing to snap up properties in the established locations such as Istanbul, Antalya, Bodrum and Ankara. Governor of Mugla province has stated that towns like Bodrum and Fethiye are attracting more visitors in 2008. A report in Today's Zaman revealed that over 10,000 British have invested in Turkey's Mugla province in recent years.
Overseas property buyers in the UK have been advised to consider entering the Turkish market by FirstRungNow.com as its market is supported by a number of strong fundamentals.
Moneycorp believes that Turkey continues to attract a high level of interest from investors in spite of the fact that number of economic problems like the global credit crunch is affecting demand for property in some countries. The slump in the global economy is not putting off the property investors from entering the Turkish market. Britons are choosing to visit countries which are not part of the single European currency as pound is now at a record low against the euro. This trend could prove to be advantageous to owners of rental accommodation in Turkey.
Overseas property buyers are increasingly choosing to snap up properties in the established locations such as Istanbul, Antalya, Bodrum and Ankara. Governor of Mugla province has stated that towns like Bodrum and Fethiye are attracting more visitors in 2008. A report in Today's Zaman revealed that over 10,000 British have invested in Turkey's Mugla province in recent years.
Overseas property buyers in the UK have been advised to consider entering the Turkish market by FirstRungNow.com as its market is supported by a number of strong fundamentals.
Labels: British, Overseas-property
