New retirement hotspot
Britons looking to retire abroad are flocking to the Aegean Coast of Turkey, it has been reported...
Turkey's climate and euro free currency are obvious attractions to the region,
persuading many Britons to invest in Turkish property and move overseas.
It has been reported that one in eight British people over 55 will live abroad
by next year, But the increase in the strength of the euro has made many wary
of moving to popular retirement destinations such as the Costa del Sol, and the
collapse of the US property market has also made would be retirees' think about
alternative destinations.
People are now looking to invest in Turkish property on the Aegean Coasts which
is where a large quantity of the 20,600 British owned properties are located
and where the cost of living is said to be 60 per cent cheaper than the UK.
Source: www.selectproperty.com