Turkish property prices 'relatively low'

Turkey

4th July 2008
Property investors eager to boost their overseas holiday home investment portfolio can snap up a bargain with as little as £35, it has been claimed.

With just a small deposit and a credit card each, savvy property investors or a couple can team up and grab a property on the Turkish coast, reports the Times.

According to the paper, despite signs that property prices are beginning to rise, "low incomes and a predominantly cash-dominated economy" have helped keep them relatively low, well below the EU average.

And with the impending EU status, British property investors who have property in the country stand to experience a "big increase in property values".

According to Mark Wilson, product acquisition manager at Propertyshowrooms.com, investing in the emerging Turkish property market now offers even greater potential for investment returns.

He attributes changes to the mortgaging and financing process in the country to the changing platform which he believes have helped to make finance easily accessible to investors.

Are you looking to invest in a property in Turkey? Simpli Group Property has a selection of properties that will make you a great return on investment. Speak to our property experts. (www.simpligroupproperty.com)

News from Turkey Brought to you by the SimpliGroup – Experts in the Turkish Overseas Finance and Property MarketADNFCR-1548-ID-18669972-ADNFCR



<< Back to News