News headlines from Turkey Sept/Oct 2007

News from Turkey September & October 2007

500 million dollars to be invested in Turkish shopping centres

09 October 2007
Large Dutch developer Corio NV may invest about $500 million in six Turkish shopping centers and other projects to take advantage of an increase in consumer spending, fueled by Turkey's growth. Taken from Turkish Daily News >>

Turkey’s property market is looking good for foreigners

07 October 2007
Global Property Group director Mike Dunkerley said as well as low house prices, Turkey's cheap cost of living and attractive interest rates are catching the attention of British retirees. Taken from Voices Newspaper >>

Turkey is the Spain of twenty years ago

17 September 2007
SEARCHING for that dream home in the sun but can’t afford Spain? Then why not take a look at Turkey? with apartments costing as little as £20,000 and the sun shining for more than 300 days of the year, it’s easy to see why many Brits are now investing in Turkey. Taken from the Sunday Mirror >>

Alanya International Airport

15 September 2007
After ten years of speculation, Alanya has been given the green light for its own International airport which will enable those visiting Alanya to cut their journey, which currently takes 90 minutes from Antalya, to 20-30 minutes. People investing in ‘buy to let’ properties in Alanya are expected to benefit from increased interest in holiday rentals. Taken from International property news Turkey >>

Foreign Investment Pours into Turkey

13 September 2007
Alongside foreign homebuyers, investment is pouring into the Turkish real estate market in the form of shopping malls, hypermarkets, hotels, construction of offices and residential homes, and many companies are opening offices around Turkey’s main cities and resorts.

Large retail groups such as Britain’s Tesco, Germany’s Metro Group, and France’s Carrefour are all expanding into the Turkish market with supermarket chains, shopping malls and hypermarkets around the country. Taken from Foreign investment in Turkey >>

Turkey – A hotspot for retirees!

6 September 2007
Turkey is a fantastic place for a retirement home for expats. With the low cost of living, and money earning 18% interest in Turkish banks, a couple can live easily on £50 pw inclusive of everything. Taken from Fair investment - Turkey >>

The question of Military Checks

5 September 2007
Foreign buyers of Turkish property have to pay a military clearance & Tapu (Title Deed) fee. However these fees can vary from one municipality to another. Taken from Today’s Zaman >>

Turkish News August 2007 >>

Turkish News July 2007 >>