Property in Turkey sees increase in interest.
Tuesday, April 21st, 2009
A recent report in the Daily Mail has been outlining the potential benefits of buying a property in Turkey, as factors such as the strength of the Euro, the relatively low cost of living, and superb climate produce a seductive combination for potential investors.
Since the relative strengthening of the Euro in relation to the pound, people looking to buy property overseas have tended to focus on countries outside of the Eurozone, with Egypt and Turkey seeing increased interest in recent months.
Stephen Hughes, Director at Foreign Currency Direct told the Mail that they had seen an increase of 36% in exchanges of Sterling into Turkish Lira. Hughes went on to say “The Turkish Lira has increased by 6.5% against the pound in the past year, which means that those who changed to lira find their money goes much further than before.”
Whilst many investors have been attracted by the opportunities in the major cities such as Istanbul, the majority of the investment from abroad has looked to capitalise on Turkey’s rapidly expanding market for tourism. In particular, resorts such as Bodrum, Fethiye and Altinkum have proven exceptionally popular with both investors and holidaymakers looking for a permanent home in the region.
Located just 3 kilometres outside of the beautiful coastal resort of Calis are the Ciftlik Villas, a collection of four uniquely designed individual villas situated on a picturesque hillside.
Ideally situated only 200 metres from the beautiful Calis Beach are the Sunny Apartments. Comprising of just 30 apartments consisting of 2 and 3 bedroom units, the Sunny Apartments are the ideal holiday home and investment opportunity.
Located just a few minutes walk from the picturesque 4km beach at Calis are the Flamingo Apartments. These 24 apartments, which include 2 and 3 bedroom options, will be a real haven for those seeking a secluded and tranquil holiday home or investment property in Turkey.
The Zora Villas are a range of luxurious 4 and 5 bedroom villas located in the popular Mediterranean resort of Calis in Turkey. Situated only a short walk from the stunning 4 km beach in Calis, the development of 10 individual villas come equipped with private swimming pools, off road parking and spacious gardens. In the evenings, the popular beach area in Calis offers a wide range of bars and restaurants which offer an exceptional array of cuisine.