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?
Russians Replacing Brits as Dominant Turkish Property Buyers
| Liam BaileyMany of you will have read about the fact that UK buyers are selling up en masse in the south western region of Marmaris in Turkey, and that Russian buyers are coming and snapping them up as they become the dominant buyers in the market. But as yet there has been no confirmation of whether the trend is being seen in other parts of the country. According to Aydin Cakir of Turkey property agent New Home in Turkey it is.
Turkey Property Stacked up Against World’s Hottest Emerging Markets
August 20, 2011 | Liam BaileyWhat a dramatic title? I couldn’t resist, because while even I hope it isn’t true, and am far from being a believer in the doomsday scenarios being floated, right now Turkey is the investment centre of Europe, and one of the best emerging markets to invest in property in the world.
The European Union, Turkey and why They should Cooperate
April 12, 2011 | Liam BaileyTurkey is becoming increasingly important in the Arab world because it has successfully created a secular and democratic political system that works within a Muslim country. This is rare as has many countries looking to follow the Turkish example.
Turkey has not only bridged the political divide between secular democracy and Islamic Autocracy, but it has also bridged the gap between west and east; Turkey’s good relations with the west does not put off those in the east, and Turkey has successfully increased ties with both sides of the divide in the last 18 months.
Choosing buy to let property in Turkish resorts
March 18, 2011 | Liam BaileyTurkey looks set to remain top of the list for overseas investment property for quite some time to come. This is due not only to the low property prices and booming economy, but also because the country enjoys 300 days of sunshine every year, has beautiful beaches and rapidly developing resorts while the low costs of living are irresistible to holidaymakers.