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Off Plan Property Investment in Turkey: How to Avoid Dissapointment

I cannot believe what I just read! In an article in Quest magazine on investing in Turkish property, it says: "Many people associate buying off-plan with the purchase of an apartment however it is also villas and townhouses that are sold in this way. It represents a great way for...

Posted on 15 May 2009

British Visitors to Turkey to Grow 25% in 2009 – ABTA

Turkey is overtaking Spain as the most popular summer getaway with British travellers according to Quest Turkey, quoting a major British tour operator April 14. The article hinted at the information coming from the Association for British Travel Agents, whilst not actually stating that is where it had come from.I...

Posted on 14 May 2009

Portal: Turkish Property Grows in Popularity with Brits – Trend to Continue

The popularity of Turkey property has grown massively since last year, and continues to grow strongly, according to major UK portal Property Abroad.com. Last week the portal revealed that Turkey property has been 4th most popular with the thousands of primarily British property searchers received by the portal.I called Property...

Posted on 12 May 2009

Belek Grows into Favourite Golf Holiday Spot for Affordable Property

Major publication the Hampstead & Highgate express has highlighted the massive benefits of golf in Turkey. The article particularly focuses on golf in Belek, which it called: "the eastern Mediterranean must-visit golfing destination, on a par with the Algarve and the Costa del Sol, but costing much less. Turkey's golf...

Posted on 08 May 2009

Forex, Turkish Property & British Buyers: Buy When the Time is Right

Just under a month ago, we revealed a prediction by Moneycorp that Sterling would strengthen against the Turkish Lira. At the time 1 Pound Sterling would have bought you 2.30 Turkish Lira, and Moneycorp said:"In the long term we expect the Pound will get stronger, certainly climbing back up to...

Posted on 05 May 2009

Turkish Golf Rising in Popularity as Fast as Turkish Property

Turkey has grown into one of Europe's most popular locations for golf holidays in recent years, not least because of its popularity with overseas property buyers and how the two seem to go hand in hand.During the boom in overseas property buying in the past few years, as Turkey's tourism...

Posted on 24 April 2009

Altinkum Marina Completed and Open for Business

The long awaited £33.6 million Altinkum Marina opens today, and it is expected to change the face of Turkey's Aegean coastline at Didim.Encompassing 287,000 square metres of land and a lot more sea, the marina is certainly an impressive feat; comparable to all the glitz and glamour of Dubai's celebrity...

Posted on 17 April 2009

Turkish Property Should be Boosted by Growth in Sterling’s Value

Several positive economic factors to emerge in the past 1-2 weeks have seen Sterling begin to rise against the Euro. Cited as reasons for the rise in the Moneycorp article were: British Purchasing Managers' Indices (PMIs) lead the way in manufacturing and services sectors. Non-controversial G20 communiqué welcomed by markets....

Posted on 10 April 2009

Turkey Property Remains Popular Amid Efforts to Fight Economic Decline

Ziraat Bankasi, Turkey's largest state owned bank has been among the first to pass the central bank rate cuts onto consumers. Turkey's central bank recently cut Turkey's equivalent to the base rate to 10.5%, the latest in a series of cuts which has seen the rate cut by 6% in...

Posted on 25 March 2009

Turkey Property: Mortgages Still Available

Yesterday Forbes ran a story on how Turkey was more resilient to the credit crunch, because of reforms made to its banking sector years ago. Turkey's banking system collapsed in 2001, when "toxic assets, sloppy management and bad credits caused 24 banks to "go south", the article explained. The reforms...

Posted on 13 March 2009