Imminent changes to the law in Turkey regarding mortgages means that the demand for Turkish property is set to rise dramatically. People investing now can gear existing equity to take advantage of the low level prices offerred by developers before the property buying boom begins.
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An in-depth look at investment in Turkey and how Turkey can offer good property investment potential . Also, understand why now is the time to invest in Turkey and analyse market forecasts.
With a steady increase in annual tourism , Turkey is experiencing an unprecedented level of international exposure and this is, in turn is creating more tourist interest and increasing demand for Turkish property. The value of Turkish property is expected to appreciate in beach front areas by as much as 50% initially, with forecasts forthe next two to three years reaching 100%. When the Turkish law changes to allow mortgage facilities to become more widely available, property prices are expected to continue to rise accordingly.
The area around Dalaman is particularly popular amongst Turkey property investors as the Turkish government is improving the tourism infrastructure in an attempt tomake this area one of Turkey’s top tourist attractions. This investment includes the expansion of Dalaman airport, the building of three marinas and the area’s first golf course. As this investment programme is only in its early stages, property prices have not yet reacted. This is certainly an area of great potential to property investors.
Turkey is an attractive investment to purchasers looking to catch an emerging market from the start while Turkey is on the verge of becoming a mainstream international holiday destination. With EU inclusion possible well within the next ten years, Turkey represents strong investment potential, particularly for Buy-to-Let strategies.
Turkey is one of the brightest property investment hot-spots in the emerging overseas property market today and promises a bright future. Property prices are expected to rise if Turkey joins the EU as forecasted. The property market is in its initial stages of development, similar to Spain 5-10 years ago, and value for money is currently excellent. Certain areas, such as Istanbul, Dalaman, Antalya and beach-front properties are expected to see the greatest yields in the near future.
Information and articles on Turkey property investment including reasons why Turkish off-plan investment properties are an asset to your property portfolio.
Find out more about the stability of the property market in Turkey and understand why property in Turkey is such a lucrative investment.
Information on off-plan purchase in Turkey as a profitable investment vehicle.
Which strategy best suits the current Turkish Property Market?; Learn about the options availble to you here.
This section covers finance options available for Turkish property investments.
Find out more information on Tax planning required for a successfull investment in Turkey.
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