Good Turkey properties available for under EUR 50,000
Wednesday, July 22, 2009
It is possible to pick up a good property in Turkey at prices of EUR 50,000 (GBP 42,850) in best locations, it has been reported.
Property and lifestyle magazine Quest stated that many British purchasers are looking for homes at the lower end of the market and listed three examples of the sort of bargains UK buyers could enjoy. These included a three-bed, two-bathroom villa with a sea view near Bodrum, a three-bed beach apartment at Fethiye, Calis Beach and a one-bed apartment near the beach in Alanya.
Head of private clients at property firm World First Elisabeth Dobson commented: "People are attracted to properties in turkey of £30,000 as they know that in the UK they will have to spend that on a new car."
According to Daily Mail, cheap accommodations are still available, although prices are rising by 20 per cent a year, suggesting those making acquisitions could see their value rise substantially. The country is affordable because it does not use the euro as its currency - making exchange rates more favorable - while the equivalent of council tax costs £150 a year and there are many cheap places to eat and drink. Meanwhile, Turkish news provider Hurriyet recently claimed that the rapid growth of the country's tourism industry will contribute to a property boom in 2010.
Social BookmarkingProperty and lifestyle magazine Quest stated that many British purchasers are looking for homes at the lower end of the market and listed three examples of the sort of bargains UK buyers could enjoy. These included a three-bed, two-bathroom villa with a sea view near Bodrum, a three-bed beach apartment at Fethiye, Calis Beach and a one-bed apartment near the beach in Alanya.
Head of private clients at property firm World First Elisabeth Dobson commented: "People are attracted to properties in turkey of £30,000 as they know that in the UK they will have to spend that on a new car."
According to Daily Mail, cheap accommodations are still available, although prices are rising by 20 per cent a year, suggesting those making acquisitions could see their value rise substantially. The country is affordable because it does not use the euro as its currency - making exchange rates more favorable - while the equivalent of council tax costs £150 a year and there are many cheap places to eat and drink. Meanwhile, Turkish news provider Hurriyet recently claimed that the rapid growth of the country's tourism industry will contribute to a property boom in 2010.
Labels: British, Investment-property, Property-prices
