Buy
Property in Turkey
Why is Now the Time to Buy in Turkey?
By Paul Burrows
Turkey is a paradise of sun, sea, mountains, and lakes that offers the
vacationer a complete change from the stress and routine of everyday
life. From April to October, most places in Turkey have an ideal climate
that is perfect for relaxing on sandy beaches or enjoying the
tranquility of mountains and lakes.
Turkey also has a magnificent past, and is a land full of historic
treasures from 13 successive civilizations spanning 10,000 years. Even
if you spend only a short time in Turkey, you can see a lot of this
great heritage.
There is no doubt that one visit will not be enough, and you will want
to come back again and again as you discover one extraordinary place
after another. All of them, no matter how different, have one thing in
common: the friendly and hospitable people of this unique country.
Real Estate Agents who once worked Spain are now turning their future
business plans to Turkey, with the figures so high in Spain of 1.5
million homes sold in the last 10 years, prices soaring and cashflow and
re-sales on a downturn, Turkey has sold only to date a mere 90,000
homes.
With those figures in mind it doesnt take much to figure out the
potential growth for Turkey.
Turkey has provided big advantage to the investors since it is a growing
market and has friendly environment with one-stop investment
opportunity. In the year 2002 its market share is 1.7 by visited 13.2
million tourist and generated 8.5 million revenue. Those figures were
recorded 5% higher for 2003.
According to World Tourism Organization Turkey will be the fastest
growing country in tourism demands with an annual rate of %10.
As it has been ranked in the world first fifteen destination by 14
million visitors a year Turkey has tried to offer different projects to
have developed its accommodation facilities and tourism kinds. In order
to diversify the tourism product Turkey has promoted the sites located
inland areas to those having different taste than 3S (sea, sand and sun)
combination and coastal region as well. Currently, tourism activities in
the country are concentrated along Aegean and Mediterranean coasts where
about 80% of Turkey’s bed capacity exists. However investments have been
made on accommodations are not sufficient to correspond the future
tourism demands that will be directed to Turkey, therefore Turkey has a
strong desire to attract both the national and international investors
particularly in the regions mostly visited.
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