Turkey offers bargain properties

Article Date : Tuesday, April 29, 2008

Property analysts have highlighted the differences between property values in the UK and Turkey.

According to A Place in the Sun Live, British buyers will be required to spent about £300,000 on a typical apartment in London.

However, this "wallet-wincing" sum could be used to secure three much larger properties in prime Turkish locations.

The group said a two-bedroom apartment in Bodrum can be purchased for about £64,000, while a further £220,000 and £20,000 will snap up a villa in Dalaman and a studio in Altinkum respectively.

These three properties, which are all located close to the coast, are collectively worth the same amount as one flat in the British capital.

A Place in the Sun Live commented: "Rather than stretch their finances to afford this kind of property, Londoners can get more for their hard-earned money abroad."

This comes after Business Week stated that property values in Turkey are also much cheaper than those in other Mediterranean locations such as Spain or Italy.

Related Articles

Let Us find Property in Turkey for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Turkey.

Help me find property in Turkey

Subscribe to Our News Feed

Do you own or manage a real estate/property web site? You can publish Propertyshowrooms.com News on your website by using our RSS News Feed.

Media/Press Section

Are you a Press or Media professional? We have access to a wide and varied collection of data and statistics which may be of interest to you.

Journalists click here

List Your Property

Related Turkey News

Turkey 'offers alternative to Spain'
Overseas property owners who cannot afford a residence in Spain could find Turkey a good alternative, according to a new...
Turkey recommended to financially-stretched Britons
British consumers who are feeling the pinch from the ongoing credit crisis have been advised to consider visiting Turkey...
Tourism industry boost Turkish economy
Growing tourism in Turkey is having a positive impact on the national economy, according to official data.

Stat...
Turkey grows in popularity with holidaymakers
A holiday firm has revealed that Turkey is attracting more and more interest from British tourists.

According t...
Sales of Turkish property to foreigners halted
Within the last 48 hours the Turkish government has declared a temporary ban on property sale to foreigners. This comes ...

Property News Search

Property Bulletin - Subscribe