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Turkey Investment Information
Land prices have doubled in the last 2 years in the most popular areas. Depending on the location, property in Turkey has risen in price by 25% to 40% in the last year alone.
Land prices have doubled in the last 2 years in the most popular areas. Depending on the location, property in Turkey has risen in price by 25% to 40% in the last year alone.
Demand for property in Turkey is on the increase. Turkey attracts approximately 15 million visitors a year and the tourism infrastructure is very well established. Turkey is the 3rd most popular holiday destination in Europe. In 2005 Turkish tourism is set to increase by 25%, making Turkey a great place for rental income.
Turkey's application to join the EU is still under discussion, if accepted property prices will be set to rise further.
Buying Property in Turkey
There are no restrictions on foreigners owning, purchasing or investing in land or property and you are free to transfer sale proceeds or rental income out of the country.
There are no restrictions on foreigners owning, purchasing or investing in land or property and you are free to transfer sale proceeds or rental income out of the country.
Location
Turkey is situated at the crossroads of Europe and Asia and is a prominent European holiday destination. Turkey is also a modern country, with good communications, transport and an expanding stable economy but still with a low cost of living and a very low crime rate.
Turkey is situated at the crossroads of Europe and Asia and is a prominent European holiday destination. Turkey is also a modern country, with good communications, transport and an expanding stable economy but still with a low cost of living and a very low crime rate.
Languages spoken in Turkey
Turkish but English is widely spoken.
Call Land & Brand New Homes on 0870 7778 726 for further details.
