Overseas property news - Turkey proving popular for investors year round

Turkey proving popular for investors year round

Turkey is increasingly becoming a popular choice among Brits who are looking to invest in property abroad...



Low prices in the country combined with a strong economy and favourable conditions for buyers are helping to boost the destination's attractiveness to investors.

Indeed, recent figures from the Turkish General Directorate of Land Registry show that a total of 32,000 British buyers have already taken the plunge into the Turkish property market.



And Suleyman Akbay, of Oceanwide Properties, described the number of investors as "remarkable" adding that it was an exciting time for individuals looking at real estate in the country.



"There are many advantages to purchasing a property in Turkey, including the fact that there aren't any capital gains taxes to be paid, if the property is owned for over five years," the expert said.


"Buyers looking for a holiday home or for investment should seriously consider Turkey as a safe investment country and with a promise of an even greater future."

Source: www.propertyshowrooms.com

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