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Some of the most important reasons to invest
can be
pinpointed as follows;
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With Turkeys entry into the EEC anticipated within the
next 10 years serious investors are now searching and
puchasing the right property in the right place and then
waiting for prices to increase.
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Great rental potential. Turkey was named in the top ten
countries where holiday homes are most in demand. (Survey
completed by holiday lettings .co.uk placed Turkey
seventh in a list of 112 countries – Feb 08)
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No capital gains tax payable if the property is sold
after 5years and there are other tax advantages
regarding rental income and resale
-
Ýt is still possible to find frontline properties at a
great value for money price with great capital groth
potential. Prices in Turkey are similar to those found
in most European locations 15years ago.
-
Turkey has a relatively low cost of living compared to
other European countries. Combined with the inexpensive
and relaxed life style it is a perfect holiday and
retirment spot.
-
Turkey has a huge population which creates a strong
internal demand for property and the country is not
totally reliant on international investors for resales
and rentals.
-
Fantastic climate, with an average of 300 sunshine days
a year in the Antalya area it is a popular all year
round destination
-
Turkey has adopted an open skies policy which means that
there has been an increase in the number of cheap
flights to Antalya from all around Europe.
-
Running costs are low, it is possible to rent out your
property for 6-8 weeks a year and cover your running
costs.
-
Great hospitiality, stunning beaches, winter skiing,
spectacular historic sites, championship golf courses
all add up to make the perfect location for owning a
property abroad.
Turkey continues to be one of the brightest investment
hot-spots in the emerging overseas property market with
strong investment potential particularly for buy-to-let
and those looking for long term investment.
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