Posted on 08 October 2013
A recent article in leading Middle East news title Gulf News, which outlines the benefits of investing in Turkish property to citizens from Gulf countries, features Spot Blue and includes quotes by Director Julian Walker, illustrating the firm’s increasing prominence in the region.
In the article, Mr Walker outlines the highlights of buying in Turkey, saying: “If we look at Istanbul, you will find the affordability is superb, especially in comparison with other vibrant cities, such as London, Paris, or Dubai. Prices start at about $80,000, which will get you a very modern, well-built one bedroom apartment on the European side of the city. These are very popular. Outside Istanbul, you will get more for your money. For around $75,000, for example, you can get a two-bedroom apartment overlooking the coastal resort of Alanya, built to very high specifications. You can either rent it out or have it as a lock-up-and-leave.”
Walker also emphasizes the importance of buying property in Turkey through a reputable agent, one that only works with developers that are wholly transparent. Spot Blue stands out from other Turkey property agents thanks to its diligent approach to choosing the developments it promotes.
In October 2009, Spot Blue became the first UK based Turkish property agency to run due diligence reports on developers before deciding to work with them. Spot Blue’s company reports check not only that a developer is legally registered, but also when it was registered, who its directors – past and present – and senior staff are, its development history and completion status, and its annual profits.