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Positives of Turkish property market highlighted

Article Date : Monday, July 30, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

A property investment expert has outlined what factors she believes are contributing towards a renaissance in demand for Turkish homes.

Natalie Nixon, spokesperson for overseas property specialist Nirvana International, has said that the country's housing market is benefitting from the fact that the Turkish government is investing "heavily" in the tourism sector at present.

Moreover, she has said that the nation offers warm temperatures "12 months a year", which is helping it to appeal to investors put off by the "saturated" Spanish market.

"Turkey is becoming the perfect place to purchase a property in the sun, with the potential for a rental yield all year round," she concluded.

Meanwhile, foreign currency specialist HiFX has joined the chorus of voices highlighting the potential appeal of Turkey to international homebuyers.

Mark Bodega, marketing expert at the company, said that the country is benefitting from the fact that the government has brought the domestic economy "firmly under control".
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