Antalya, Turkey
2009 Overseas investment research among Antalya city’s bussiest realtor brokers by Turkish-Property-
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-
“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-
- ENDS –
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