TURKEY

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General overview                                                         

Turkey is a country located at a point where Europe meets Asia. Turkey offers a spicy blend of oriental and modern, East and West, splendor and sleekness, which makes diversity its other name. This is a place where every visitor can find something for himself.

Turkey borders 8 countries and has beautiful beaches on 3 seas: the Mediterranean Sea to the south; the Aegean Sea to the west; and the Black Sea to the north.

The country’s official language is Turkish but most people speak foreign languages and English is widely used. The local currency is Turkish Lira but Sterling, US Dollar or Euros are also accepted at most of the shops and restaurants.

The coastal areas of Turkey benefit from a Mediterranean climate with hot, dry summers and mild, wet winters. The holiday season starts as early as April and goes on until late October. 

Why invest in Turkey?

Turkey's economy has been on the rise for the last 5 years. The GDP growth rate from 2002 to 2007 averaged 7.4%, which made Turkey one of the fastest growing economies in the world during that period. The World Bank forecasts a 5.4% GDP growth rate for Turkey in 2008. Turkey's EU accession negotiations, strong and stable growth, and structural changes in the banking, retail, and telecommunications sectors have all contributed to a rise in property investments in the last few years.

http://en.wikipedia.org/wiki/Turkey

Unlike other markets, the Turkish property market still maintains very low prices for off-plan developments and has not reached a stage of over-supply. The booming tourist industry contributes to the high rental income seen in the last few years. As a result, Turkey has been far more lucrative buy-to-let investment market then traditional investment destinations such as Spain.

Turkey also offers relatively low cost of living, it is very accessible with over ten fights per day from UK airports and with property prices set to rise it is the ultimate place to invest

If you’d like to find out more about the country, the top locations, the buying process and the implications of owning a home in Turkey then talk to us.

We’ll give you:

• Free advice and guidance on buying an overseas property
• Free property finding service - tell us what you are looking for and we'll find your dream property within budget
• No commission on off-plan properties- our prices are quoted directly from the developers.

Call us Free on 0800 6226 099

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