Turkey Property Values Continue to Grow

Turkey has been identified as an investment hotspot, having seen continual property value increases throughout the credit-crunch; the average rise being 7% annually each year since 2005.

Liam Bailey independent market analyst spoke about Turkey's success, which he found out the reasons for during a study for overseas property specialist Azure Overseas:

"Turkey's property market was massively helped when the government removed some of the restrictions on foreigners buying in the country in 2005, which was just the right time; because the overseas property buying boom began amass. Another reason for Turkey's success is its massive tourism figures, which continue to rise despite the fact they will hit well over 20million for this year."

Azure Overseas have a fantastic development in Altinkum. Frank Crowley, Azure Overseas' director proudly said that the Apollon Holiday Village is "one of the finest developments he has ever seen," adding that -- now on Phase Three -- it had also been "one of Azure's most popular developments ever, with early investors making immediate gains of 20% upon completion of the first two phases. We have worked with these long-standing UK developers for over 3 years, and so have a lot of very happy buyers." Among the developments key features Frank mentioned:

  • Award winning UK developer
  • Excellent on site facilities
  • Prices from £19,700 for 1 bed apartment
  • Full after-sales service
  • No under declaring on title deeds
  • Superb investment potential
Liam Bailey gave his comments on the development:

Turkey coming in fifth on recent findings by overseas property portal Property Abroad, and the Apollon Holiday Village's location in one of Turkey's most popular areas, combined with the astonishingly good value prices, makes the development simply one of the best on the current international property market -- for holiday home buyers or investors. The discount given because the development is off-plan means immediate gains of at least 20%, but possibly 30% given Turkey's rising popularity with global tourists and property investors. Rental yields will be anywhere upwards of 8%."

Azure Overseas have overseas properties throughout the world, find out more by visiting the site.

By Azure Overseas - 2009-01-23 19:21:21

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Filed under: Overseas Property, Property Investment

Tagged: Turkey Property | Overseas Property | Investment |

About the Author: Azure Overseas

Azure Overseas is one of the highest regard overseas property consultants because of their dedicated after-sales care, and stringent market research/due-dilligence. They therefore offer some of the most attractive properties and investment opportunities, largely at the most attractive prices.

 
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