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Why Turkey?

Channel 4’s “A Place in the Sun” have ranked Turkey 3rd most popular destination for foreign property investors.

 

Property website Amberlamb says “Your mad not to invest in Turkey”

 

“There are some incredibly exciting political, economic and even social developments taking place in Turkey against a background of increasing international awareness and acceptance of this emerging nation and which mean anyone who is overlooking this giant of a country is mad!”

 

 

 

 

 

                                                                                                                                                                                                                                                                                                                  The Turkish Government has set a target of 30million tourists per annum by 2010.

 

For more than a decade, Turkey has been a destination for holidaymaker's from all over the world.  It’s beautiful beaches, stunning scenery and a climate all contribute to its popularity.  People return time and time again to enjoy the renowned hospitality of the Turkish people, to shop at the colourful bazaars and to explore the many places of interest.

 

With a mild climate and a low cost of living, Turkey has proved itself to be an ideal option to harsh European winters.  

 

In other Mediterranean countries, such as Greece and Spain, property prices have increased 10 fold in the past 15 years.  With the prospect of Turkey’s EU membership, property prices are set to do the same.

 

 

Turkey is booming, GDP increased 122% over the last 4 years, Turkey has the 17th largest economy in the world, 6th largest economy of the EU and accession states. Former IMF chief Fischer says “Turkey a hot spot for investment”

 

In 2006 Turkey was ranked 13th for overseas foreign direct investment.

 

Turkey will be ready for EU membership by 2014

 

Turkish Mortgages are now available - this means that Turkish people can now afford to buy their own home.  This will create a groundswell of demand for properties in the domestic market

 

   There has been a significant increase in the number of international flights into Turkey.  New airports are now being built.  E.g. Gazipasa.