Overseas Property World

I just been speaking to Aydin Cakir, director of Alanya property specialist New Home in Turkey, about Turkey’s prospects for EU accession. What he said made me look at the issue of Turkey’s EU accession in a whole new light.

My angle on EU accession has become the following:

EU accession is no longer vital to Turkey’s interests. I believe this because of the current state of the European Union — embroiled in a sovereign debt crisis, and struggling against sluggish growth — compared to Turkey — fastest growing economy in Europe, among fastest in world, fiscal stability and sturdy banking system. With it not being essential, and such a hard slog, Turkey would be forgiven for giving up on the idea.

But… said Aydin:

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The international version of the UK’s National Association of Estate Agent’s has just released its predictions for property markets around the world. So far I have seen two versions of it reported, one stating that French property is more affordable than it has been for years, which, I found to be true in the prime and super-prime sectors, but the report I have just read now, on Spanish property has brought me to a conclusion:

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