Investment Is Turkey Is A Wise One
Many of the Eastern European countries receive continued coverage in the press and the numbers go up and down depending on which article you read.
Turkey however is a different matter, its interest is steadily growing, there is no massive influx of investors on a grand scale but it still remains one of the favourite holiday destinations time after time. The political stability of this exotic destination means that our money will be much safer without the need for massive development to secure a guaranteed rental income or financial return on our investment. Turkey has survived the highs and lows and learnt from its mistakes, it has been through the Bulgaria type boom and has come out the other side with its reputation and tourism levels still intact.
In addition Turkeys property market has shown record numbers of sales in the first half of 2006 despite strong competition from neighbouring countries. This has been helped by the recent changes in ownership laws which have seen huge investment from both the commercial and residential property sectors all over Europe.
Many businesses are turning to Turkey to capture the expat and business communities and this means that the country becomes a much more viable proposition to secure an investment going forward. Retailers such as Harvey Nichols and Ikea are flocking to its shores making them it a much more cosmopolitan choice for the discerning European traveller and investor alike.
If you are looking for your Turkish investment property then see our selection at www.principalinternational.co.uk or contact us on 0800 038 0000.