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Turkey Property Holidaymakers enjoy fractional ownership

Turkey has been named as one of the countries where the fractional ownership of homes is becoming increasingly popular.The Mediterranean country has been highlighted as in-demand for those holidaymakers seeking to bring down the cost of a holiday property while enjoying a share of any capital gains, reports the Daily Telegraph.According to the newspaper: "Traditional favourites include Majorca and Tuscany with up-and-coming Marrakesh, Turkey and Croatia not far behind."Couple Wendy and Nigel Smith highlighted a Turkish experience in Kalkan as one of their most memorable, telling the...

31-03-2008 - read more...

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Turkey Property Turkey property purchases are safe

Turkey is a stable place to invest in overseas property, one legal expert has said.The country remains a "safe place" for Britons to buy a second home for private use or as a buy-to-let investment, explained John Howell from the International Law Partnership LLP.Mr Howell suggested that a growing number of investors will be looking to property in Turkey over the next couple of years as prices remain reasonable."Once the current excess of supply has been absorbed, this should therefore, lead to steadily rising prices," the expert commented."At the same time, as more...

31-03-2008 - read more...

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Turkey Property Turkish coast captures the imagination

The Turkish property market has a number of attractive properties in coastal areas, which attract some of the world's foremost investors.Julian Walker, managing director of Spot Blue, said that the country had proved an enduring hit with travellers and investors, with the capital Istanbul boasting some wealthy residents."Istanbul is quite a quick market at the moment – there's quite a lot of money there," commented Mr Walker. "If you look at the number of billionaires in the world, Istanbul is at number four [in the rankings of where they live]. It might be quite...

17-03-2008 - read more...

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Turkey Property Istanbul property market on way up says report

Real investment returns in the Turkish business hub of Istanbul are likely to surpass those of Paris or London in the future, according to a newly-published report.A study undertaken by the Urban Land Institute and PricewaterhouseCoopers showed a trend of emerging markets growing at a faster pace than those in Western Europe.John Forbes, PricewaterhouseCoopers' head of real estate, told Bloomberg: ''There is an increasing appetite for emerging markets.''Russia and Turkey are regarded in the same way as the India of Europe. They are top for economic growth.''The figures show London falling out...

11-03-2008 - read more...

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Turkey Property Plenty of growth to be seen

The Turkish property market has been booming and now around 17,000 British investors already owning property in the country, but many experts believe the true potential of property in the country is yet to be seen.A report in the Turkish Daily News highlights the fact that prices have risen between 15-20 per cent over the past 12 months, but adds that some overseas property experts believe the market will experience similar growth to the Spanish one in the 1970s.The Independent's Laura Howard recently named the south European country as the number one location to purchase a home abroad. She...

07-03-2008 - read more...

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Turkey Property Turkey is top of hotspot list says expert

Turkey is top of the foreign hotspot list for the new year, according to one property expert.The Independent's Laura Howard has named the south European country as the number one location to purchase a home abroad.She highlighted: "Overseas mortgage broker Conti Financial Services recently reported a 147 per cent increase in enquiries about Turkey year-on-year."Ms Howard went on to point out that house prices in Turkey have been rising by a rate of 15 to 20 per cent on a yearly basis"Prices are still cheap by UK standards," she said.The ascension of the low-cost airline...

03-03-2008 - read more...

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Turkeys property market better than many others

Property for sale in Turkey is said to offer better value for British investors than that of many other currently popular destinations, an investment expert has said.Rhiannon Williamson, director of foreign investment guide Amberlamb, added that property in Turkey has both the potential for a growth in prices and a rise in demand.According to her, Turkey "certainly has more going for it in terms of potential for growth in terms of prices and demand for rental accommodation".However, she warned potential investors in Turkish real estate to ensure that their property was designed by a...

28-03-2007 - read more...

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German interest in Turkish property doubles

German investment in property in Turkey has near-doubled since 2002, a new poll has found, highlighting the international appeal of the market.The Turkish Research Centre (TAM) poll showed that 14 per cent of Germans look positively at the idea of buying land or housing in Turkey, Today's Zaman reports.In the 2002 survey, the poll showed that five per cent of Germans had an interest in buying holiday homes and two per cent were looking for investment property in Turkey, whilst 25 per cent had been on holiday to Anatolia.Yet by 2005, 35 per cent of Germans had visited Turkey at least once and...

23-03-2007 - read more...

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