Overseas Property World

Cape Verde property is currently having a second-coming as it emerges as one of the world’s investment safe-havens.

The world is still reeling from the effects of the financial crisis, one of which was to completely collapse sales of Cape Verde property to foreign buyers. The Tortuga Beach and Spa resort launched to off plan buyers in 2007 but it might as well have not bothered. When thousands of people lost their shirts on Dubai property, everyone became extra cautious about off plan property, very few would risk it, and with very few buyers overall this meant no one.

But now Cape Verde is experiencing what can only be called a surge, or at least a flurry of overseas demand, with most of the buyers coming from Britain and snapping up off plan properties. What’s changed?

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The Self Invested Personal Pension is a government-backed pension fund for the people by the people; not the people in general but actually by the people it is for — a SIPP lets us build our own pension investment portfolio to support us in our old age.

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Turkey is one of the largest countries in the world, and what’s more bridges the gap between two very different civilizations, Europe, and the Middle East; the west and the Arab world. Within that vastness there is something for everyone, rolling countryside, vibrant cities, history, art, culture, and of course plenty of sun, sea and sand, but also some great ski resorts as well.

There are dozens of mainstream tourism and property hotspots including Bodrum, and dozens more off the beaten track. Belek and Alanya are sort of in between that, mainstream popularity but still, better known by select groups and more discerning travellers. Here are three Turkey property greats…

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Turkey is one of the hottest property markets in the world right now. During the boom Turkey was a fringe market, where investors believed EU accession was necessary to make it a safe investment, and the bulk of buyers were lifestyle buyers. This is no longer the case.

Turkey is now the fastest growing economy in the world, and has been in the top 5 fastest growing for over a year now. According to the Association of Real Estate Investment Companies (GYODER), foreign purchases increased by 40% last year. But of course, you can’t buy a property in Turkey; you have to buy on a street, in a town or city, within a region. Here are 3 of the hottest cities right now to aide in the initial choice.

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On the 18th December 2010 I wrote an article titled: Top 10 Property Investment Destinations in 2011. Turkey was in the number one slot. What I said about Turkey then still holds true today, it has a rapidly growing economy (now the fastest in the world), a stable economy and political system, a strong a stable banking system, a rapidly growing population, and a rapidly growing mortgage market. But was I right?

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