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Turkey Holiday Property Tops Overseas Investments Predictions For 2009

2009 Overseas investment research among Antalya city’s bussiest realtor brokers by Turkish-Property-World.com reveals that Bulgaria, Turkey and France are the countries they believe will see the biggest demand for properties over the next three

FOR IMMEDIATE RELEASE

 
Antalya, Turkey
Antalya, Turkey
PRLog (Press Release) - Jul 10, 2009 -
2009 Overseas investment research among Antalya city’s bussiest realtor brokers by Turkish-Property-World.com reveals that Bulgaria, Turkey and France are the countries they believe will see the biggest demand for properties over the next three years due to cheaper property prices.

The International Personal Banking League of Buying Abroad reveals the top countries to buy properties over the next three years as:

1. Turkey - 75%
2. Bulgaria - 56%
3. France - 46%
4. Portugal - 41%
5. Spain - 31%

Over half (53%) of brokers put the growth in demand for overseas properties down to increasingly cheaper properties and interest fuelled by the media.

Likewise, a third (33%) cited seeing an increasing number of adverts from overseas countries in UK & Russia leading media.

As a result, nearly a third (31%) of brokers reported an increasing number of queries from their customers. 15 per cent of brokers believed that higher prices in the UK, and a better return on investment was a reason to predict a growth in these countries over the next few years.

Despite increased interest from property investors in emerging countries such as Turkey and Bulgaria, there is still demand for the ‘old favourites’ such as France and Portugal. Spain still remains a top favourite as brokers reveal the demand for Spanish mortgages kept nearly two thirds (65%) of them involved in the overseas market.

The Spanish mortgage market is still very attractive according to four in 10 brokers and almost a third felt that the demand for Spanish mortgages in the UK would continue to increase in the future.Carol Smith, Head of Business Development for Turkish-Property-World.com said: “The research has given us a real insight to what brokers feel will be the  most successful property markets over the next few years. With the expansion of the EU, better transport links and an increase in low cost airlines offering cheap available flights to countries all over the world, the choice when buying abroad has increased significantly.

“When looking to invest abroad buyers are being braver and looking to new markets but it is also interesting to see that people still like sticking to what they know and prefer to buy in countries that they are more comfortable with and have holidayed in frequently.

More information can be found at http://www.turkish-property-world.com

- ENDS –

Photo:
http://www.prlog.org/10279354/1

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Notes to editors:

Turkish-Property-World.com is a single source of free information about Turkey; it's regions, the Turkish property market, legal issues and helpful advice on the best way to secure your dream home. Founded in 2002, now receives as many as 120,000 visits per month and advertises over 1,000 holiday properties in nearly 9 riviera resorts as Antalya, Belek, Side, Alanya, Kemer, Kas, Kalkan, Fethiye.

For further information as well as images and interview possibilities, please contact:

Carol Smith
Managing Director
WWW.Turkish-Property-World.com
90 (242) 324-6484

Turkish-Property-World.com
Carol Smith
Managing Director
90 (242) 324-6484
info@turkish-property-world.com

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Contact Email:
***@turkish-property-world.com Email Verified
Source:Mark Twain
Phone:242 324 6484
Fax:242 324 4161
Address:Fener Mah. Barinaklar Bulvar No.16
:Lara-Antalya-Turkey
State/Province:antalya
Country:Turkey
Industry:Turkey
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Last Updated:Jul 10, 2009
Shortcut:http://prlog.org/10279354
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