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Investors could get returns in Turkey

Article Date : Saturday, August 16, 2008       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

Investors who want to buy a property in an emerging market have been advised to look at Turkey.

According to Aston Lloyd, the European country has enjoyed an annual growth rate of more than 7% in the last 4 years.

As a result, it has become one of the most popular emerging markets among foreign property buyers.

This growth was said to have been fuelled by a number of factors, such as its "burgeoning" tourism industry and various legislatory reforms.

The organisation added that property values in Turkey are relatively low in comparison with many more-established destinations.

Joe Upchurch, director of Aston Lloyd, commented: "The obvious attraction of buying in an emerging market is that prices are generally low."

According to Property Wire, the European country offers a number of lifestyle attractions such as spectacular scenery, sandy beaches and affordable living costs.

As a result, it is now attracting a record number of foreign property buyers from countries such as the UK.

Visit our off-plan property Turkey page

 


Article provided by Ready2invest.co.uk.
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DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.
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