While the UK property market is feeling the bite from the credit crunch Turkey’s economy is proving to be extremely robust and in turn its property market is growing from strength to strength. As a result Turkey is re-emerging as an established investment hotspot for both experienced as well as first time emerging property market investors who are looking to combine good returns with an idyllic holiday retreat.
Posts Tagged ‘turkey’
Press Release: Turkey- The Credit Crunch Bolthole
by Overseas Property Mall on Monday, February 16th, 2009 in Property & Real Estate Press Releases
Turkey’s Real Estate Market On The Up
by OP-Mall on Monday, November 17th, 2008 in Turkish Property
Just when we thought that the global property gloom & doom was never-ending, we appear to see a ray of hope emerge. That ray right now is on Turkey. With most global markets suffering from oversupply, price hikes and rising interest rates, Turkey shows us that there is indeed hope.
Thinking of Buying in Turkey? Read this…
by OP-Mall on Wednesday, June 25th, 2008 in Turkish Property
Turkey’s Land Registry figures show a piping hot market right now with over 74,000 foreign property owners in the country. Out of these, more than 20,500 are British. Considering British pensions and how they can easily supply a lifestyle in Turkey it is no wonder many Brits flock to the sun.
Although Turkey is behind the established property spots like Spain and France in terms of buyers, the country has morphed from being an emerging market for adventurous buyers to being listed in the top ten most popular destinations pretty much as a standard.
With the lift of the Turkish investor ban on May 1st this year, noting will hold property investors back from finding their own Turkish piece of real estate.
Ban on Foreign Property Investment in Turkey now Lifted
by OP-Mall on Friday, May 9th, 2008 in Turkish Property
Back in April we blogged about the temporary halt on the sale of Turkish property to foriegners by a Turkish Constitutional Court ruling. The ban of the title deed act named Tapu has now been lifted by a new court ruling on May 1st.
The deed system change will be effective within the next few weeks once the official gazette will publish the news. What prompted this action was a constitutional rights contrary that affected article 35 of the Tapu title deed act.
Contrary to popular belief, the issue itself had nothing to do with whether foreigners were allowed to purchase property and land in Turkey, but more so with the size of land that could be bought according to the government.





