Brits keen to sample property in Turkey
The Brits definitely have property for sale in Turkey fixed in their sights with over 13,000 people have already purchasing a second home there. With beautiful beaches, a perfect Mediterranean climate, cheap property prices and direct flights out from the UK, its a wonder why places arent being snapped up even quicker. Current property prices in Turkey are on a par with those seen in the emerging Spanish market of 1998 and at the moment a two-bedroom apartment in Altinkum costs around 23,500, the same price as the average family car. The demand for new build properties is ever increasing, both from a domestic and an overseas perspective, and Turkey continues to address its housing deficit of some 600,000 homes.Land value has doubled over the past two years and property prices have responded accordingly, rising by 25 40 per cent across the most popular coastal regions.