Home > Turkey > Property > News : Turkey's low prices highlighted
SubscribeSubscribe to the Property Bulletin
   
 
Secure Exit Strategy


Turkey's low prices highlighted

Article Date : 29 June 2009       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

Turkey's low prices highlighted

The low cost of buying and living in Turkey is a reason for its attractiveness to UK buyers, it has been stated.

Head of private clients at property firm World First Elisabeth Dobson noted that many British purchasers are looking for homes at the lower end of the market, commenting: "People are attracted to properties in the region of £30,000 as they know that in the UK they will have to spend that on a new car."

She noted that the country is also affordable because it does not use the euro as its currency - making exchange rates more favourable - while the equivalent of council tax costs £150 a year and there are many cheap places to eat and drink.

Ms Dobson also remarked that the country has a range of cultural attractions that would appeal to people whose interests extend beyond "cheap beer and discos".

Figures from overseas mortgage specialist Conti showed that the number of mortgage applications for homes in Turkey was 65 per cent higher in the first five months of this year than the final five months of 2008.

Listing Separator

Related Articles

  1. Additional flights and more tourism represent good news for Turkish property
  2. Turkey tries to tempt buyers back with bargain properties
  3. Turkish investors can capitalise on new flights
  4. Investors will capitalise on exchange rate and cheap property in Turkey
  5. Investors may be drawn to the rental market in Turkey



Let us search for you 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.


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Turkey
Channel: All

More RSS FeedsGo

Oracle Turkey

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo