Turkey - investments in Turkey 
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Turkey is becoming increasingly popular with foreign property investors, and is likely to become even more so when it joins the EU. Turkey’s low property prices have been compared to the Spanish property market of the 1970s. The dynamics of the Turkish property market are very similar to those of Spain 20 years ago and could very well emulate it's growth and development. Turkey is blessed with some of the finest coastlines in Europe. Popular towns in the area include Bodrum, Marmaris, Fetiyhe, Dalyan Kalkan and Altinkum.
In 2004 property prices rose by around 30 per cent and in some areas 50 per cent, depending on the type of property and location, particularly in the coastal towns. Early economic indications for 2005 suggest that Turkey is set for record numbers of tourists and property investors. A change in the property laws meant that in 2002 it finally became possible for a foreign national to own Turkish property, in their own name. This sparked off intense interest by the north European media that was fuelled by the reports of good fortune by early property investors.
Turkey is situated in a location where the climatic conditions are temperate. The diverse nature of the landscape and the existence of mountains that run parallel to the coast, results in significant differences in climate, from one region to the other. While the coastal areas enjoy a milder climate, the inland Anatolian plateau experiences extremes of hot summers and cold winters, with limited rainfall. The Aegean and Mediterranean coasts enjoy cool, rainy winters and hot, moderately dry summers.
Premier Property International is always looking to offer to our clients the very best of property investment opportunities in Turkey. Please, check them here in our Turkey properties for investment section.
