Turkey Property and Turkey Apartments
Turkey is experiencing enormous economic growth, fuelling the demand for new high-quality Turkey property and driving up prices within Turkey. Property in Turkey is still seen as a good investment and buying property in Turkey is becoming more popular.
One area that is gaining in popularity is Bodrum, nicknamed 'The St Tropez' of Turkey. Property and Turkey apartments here are highly sought after, as it is the destination of choice amongst British and international sun-seekers. The perfect lifestyle investment.
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2007 capital growth stood at over 20%Ranked sixth in the world for GDP growth in 2005.
Turkey's 2007 tourism campaign has $120 million budget.
Foreign Direct Investment reached $20 billion in 2006.
High capital growth; last years price increase was 20.6%.
Turkey Apartments gain in popularity with investors.
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Property shortage
It is estimated that Turkey needs approximately 400,000 new residences each year, of which only 200,000 are being built... More
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New mortgage law in Feb '07
has encouraged competition in the market, bringing down interest rates and increasing access to home ownership...More
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Tourist hotspot
Turkey attracted 18.5 million tourists in the first eight months of 2008 and aims to attract more than 25 million tourists by the end of this year...More
