Why Invest in Turkey?

Turkey has now been identified by leading property investment experts as one of the ten most promising emerging economies in the world. As a country, Turkey was ranked sixth in the world for GDP growth in 2005 and this trend is continuing as Turkey attracts more international investment, with such global brands such as Hilton, Toyota, Ikea, Harvey Nichols and Renault opening offices there.

Turkey enjoys fantastic weather all year round making it an established and increasingly popular tourist destination, with tourist numbers having risen from 12.8 million in 2002 to 21.2 million in 2005.

Because of this, high capital growth in Turkey can be expected; last years price increase was 20.6%. There is also a property shortfall in Turkey, with an estimated 400,000 residencies needed and only 200,000 being built, keeping the prices increasing year on year.

Investment Information

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Investment Summary: Targeted 100% return on investment over 24 month build period Great rental potential Established holiday market for resale’s Mortgage of 75% of future value available. Prices Start at: 2 bed units from £60,000 Initial investment from £13,000 Payment Terms: Option 1: Holding deposit £2000 - Payment on signing legal purchase contracts 20% (4 Weeks after deposit payment) Second instalment 20% 6 months after contract signed. Option 2: £4000 holding Deposit and a single 40% in January 2008.

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