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What You Get For Your Money: Turkey Property InvestmentsSubmitted by specialpr Wed, 1 Oct 2008
Property values in Turkey have skyrocketed over the past few years as more and more people look to Turkey as a place to invest their hard earned money. The majority of investors in Turkey are from the UK. In fact, more than 18% of property investors in Turkey are from the UK. And there are many more waiting to purchase their own piece of the action.
Why is purchasing property in Turkey so attractive to investors? One of the main reasons property in Turkey is so hot right now is that there is a very real potential for investors to double or triple their investment in a short amount of time. In 2004 alone, property values in Turkey rose by 50%. That’s a huge chunk of change. And for many investors, this is the opportunity that they’ve been waiting a lifetime for. Another reason why purchasing property in Turkey is so attractive is that you can get a nice, large property for a very reasonable price. Just a short while ago, you could purchase an apartment in Turkey with a view of the sea for less than 12,000 pounds. Today, the price is substantially higher, but you can still get a great deal. If you’ve been thinking about purchasing property in Turkey, you will be very interested in the following section. Let’s take a look at what types of properties you can buy in Turkey and what you should expect to pay for them: • If you like the sound of an apartment with a view of the sea, you can expect to spend around 60,000 to 70,000 pounds. • Bodrum is on the Aegean coast which is a very popular tourist location. Here resorts and holiday villas dot the landscape and picturesque views are included at no charge. The average price for a two bedroom apartment in this area is 60,000 pounds. • If you wish to purchase a villa, you can purchase one for about 130,000 pounds on the Mediterranean Coast. • Dalaman offers great value when it comes to property in Turkey. Three bedroom apartments can be purchased here for as little as 50,000 pounds. Of course, the price you get will vary according to the region where the property is located. You may also pay more for more luxurious accommodations. Keep in mind that prices are continuing to rise, so timing is critical. As the market continues to grow, deals will slowly start to disappear. If you want to purchase a piece of the action in Turkey, now is the time to do so. Properties located in popular tourist spots are experiencing the most increase in pricing and will continue to do so over the next few years. Even though the prices are rising, properties are still being sold for a lot less in Turkey than in other nearby countries. This makes Turkey the perfect place for your next property investment. About the Author
Steven Clarke - Marketing Manager for www.turkeypropertyclub.com. Turkish Property Club brings buyers and sellers of properties in Turkey together and contains 1000's of Turkish propertiesfor sale across all the top locations including Mugla, Altinkum, and Alanya.
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