Menu

Tag Archives: Investment

Applications for Turkey Property Mortgages up 65% in 2009

New mortgage applications to buy Turkish property increased by 65% in the first half of this year, according to one of the UK's largest providers of overseas property mortgages Conti plc. The firm also said that "great property prices, superb Mediterranean location and separation from the strong euro" have made...

Posted on 22 July 2009

Turkey Property Grows in Popularity in June on Weak Lira – Portal

Turkey was the fifth most popular country with those searching to buy overseas property on the Property Abroad.com portal in June. This was a 1 place improvement on May. This is undoubtedly because of the weak Lira during June, when 1 Pound Sterling would buy you 2.55 Turkish Lira, making...

Posted on 16 July 2009

Turkish Lira Up Against Sterling – Trend Likely to Continue, Property Buyers Must Act Now

The fragility of Sterling's perch against the Lira that we have been blogging on in recent weeks, was shown this week, when the Lira gained 2 pence very suddenly as it seemed a deal with the international monetary fund was close to being reached. Still the talks progress and the...

Posted on 26 June 2009

Turkey and UK Increase Trade Relations to Boost Economy

Turkey and the UK have signed a memorandum of understanding on the establishment of a joint economy and trade committee. The move is designed to make trade easier between the two countries, and broaden the horizons for entrepreneurs in both countries, according to UK trade minister Mervyn Davies. Davies addressed...

Posted on 25 June 2009

Turkey Economy to Start Growing in Second Half of Year – Merrill Lynch

Merrill Lynch, a leading player in the global financial circuit has said the Turkish economy will start growing by the 3rd quarter of this year, after suffering heavy quarterly losses of above 6% in the first half of the year. Their analysis has led them to forecast a 0.5% growth...

Posted on 18 June 2009

Brits Eyeing Turkish Property Should Move Now or Risk Paying More

Any Brits planning to buy property in Turkey should be looking to lock in their price now, experts have suggested. The Pound has strengthened a lot against the Turkish Lira in the last couple of months, making Turkish property much cheaper to British buyers, and experts think it may have...

Posted on 12 June 2009

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

Turkey Property Grows in Popularity with Investors

The credit crunch has made Turkey property an even more attractive option for overseas property investors and holiday home buyers. This month Property Wire reported that the drop in price of Turkey property has made the country -- especially Istanbul -- a growingly popular choice. The irony is: that Turkey's...

Posted on 16 February 2009