Mediterranean coast is the center of Turkish property investment
Tuesday, June 3, 2008
Coastal areas of turkey now rapidly becoming an investment area for many overseas investors purchasing property for investment in Turkey as the options there are better than the inland.
Julian Walker, managing director of Turkish property specialists Spot Blue, said that people always look for holiday properties that are in beachfront and said that there is whole lot of difference between the property markets on the Mediterranean coast and black sea coast
Mr. Walker also commented that options inland are limited and people don't want vacation homes to be inland and are looking for beachfront properties.
He claims that British buyers are losing interest on property along black sea coastline mainly due to the reasons like tourist potential is lesser than that of Mediterranean coastline and not a traditional market. Mediterranean climate is more favorable than the temperate climate of black sea for the tourists.
Mr Walker pointed out that the region of Alanya is a potential property hotspot and those who have bought property in Alanya are already seeing good returns.
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Julian Walker, managing director of Turkish property specialists Spot Blue, said that people always look for holiday properties that are in beachfront and said that there is whole lot of difference between the property markets on the Mediterranean coast and black sea coast
Mr. Walker also commented that options inland are limited and people don't want vacation homes to be inland and are looking for beachfront properties.
He claims that British buyers are losing interest on property along black sea coastline mainly due to the reasons like tourist potential is lesser than that of Mediterranean coastline and not a traditional market. Mediterranean climate is more favorable than the temperate climate of black sea for the tourists.
Mr Walker pointed out that the region of Alanya is a potential property hotspot and those who have bought property in Alanya are already seeing good returns.
Labels: Beachside
