Hot Property Turkey Newsletter - Excellent Deals for Easter 2009

Hot Property Turkey - Latest News, advice and articles from the Turkish property market Is the credit crunch affecting the number of buyers? 100's of site visitors reach our site daily using search phases such as 'property in Turkey', or 'property for sale in Turkey' meaning that many of these visitors are interested in buying property. Some may be window shopping, others just wishful thinking, but many are sending enquiries with dates already booked for viewings. A few are investors, but the majority are just ordinary working folk looking for a holiday home. So far this year the number of visitors to Turkey, both prospective buyers and holiday makers, has been very positive. What this means in terms of property prices Increases in the number of properties sold will push the market value up which is excellent news for those who have already bought property in Turkey, maybe not so good for those not ready to buy just yet as they may pay slightly higher prices, but in general the overall market remains very good considering the general world economy. Increasing numbers of tourists also means that the rental market is thriving and existing owners should be able to make a good income this year. Facts: Why you should consider investing in Turkey Long summers and short mild winters Low Crime Level Booming property market experiencing an average annual growth of 32% since 2002 Housing deficit of over 200,000 properties a year Low cost of living between a third and a fifth of UK prices Anticipated entry into the UK meaning a huge increase in property prices over the next few years In receipt of major international investment Istanbul has been named as Europe's top performing hotspot with major international corporations moving into the area. Whilst the markets in Europe are not looking good, the Turkish market offers sustained economic growth and is still rapidly expanding. Easter Bargains Greedy developers put prices up for the holidays - one developer put his prices up by 35% this week expecting an Easter rush from foreign buyers, however there are still bargains to be had in many areas along the coast. Istanbul also offers some great new developments with early release off plan prices such as the Evviva Residence in Beylikduzu with prices starting at £41,800. Evviva Residence, Istanbul >> 3 bed villa with private pool, bargain price of £50,000. Located close to the new Didim Marina and less than 10 mins walk to beach, this 150m2 property offers a lot for the price. As the marina is due to open in June this year, property prices in the area are expected to rise quickly. Further details >> Go Green in Turkey Timber frame builds (not to be confused with log cabins), are becoming increasingly popular around the world and these eco friendly low cost villas will give you a top quality permanent or holiday home for a fraction of the cost of a traditional build. One of the main benefits of timber framed houses is that you can choose an 'off-the-shelf' design, although each house is unique as the customer selects everything from plaster, roof, internal wall colours, sanitary facilities, glaze and tiling. More info on Timber Framed builds >> Mortgages for Turkish property Excellent news for foreigners as mortgages become more competitive with one French bank offering interest rates of 4.7%, as well as some promotional mortgages from Denizbank with sterling loans available interest-free for two years or 4.8% fixed for 5 years. Hopefully this move will inspire other banks who are still charging up to 12% odd to offer better products soon. Front line Property - stunning scenery and low prices Akbuk is surrounded by mountains covered in pine and olive trees and has a stunning natural coastline with calm waters and clean beaches, selection of bars and restaurants, a good selection of shops, internet cafe, diy store, grocery stores and a supermarket. It is a growing resort which still maintains its peaceful origins as a fishing village, with a couple of holiday complexes as well as Turkish summer houses, and villas where many British live permanently. Bay View Resort, Akbuk- Off plan complex comprising of 2&3 bedroom duplexes with stunning views from £51,000 for a 2 bed 2 bath duplex, and £59,000 for a 3 bed 2 bath duplex. All apartments have stunning sea views. Completion Nov 2010 - Nov 2011. Payment plan spread over 2 years. Further details on Bay view resort >> Paradise Bay - front line beach properties with studios from 26,995 euros. This is an off plan 5 star resort is located in the beautiful bay of Akbuk all with stunning sea views of the bay and fully furnished with 5 star quality furniture. Further details on Paradise Bay >> If none of the above properties are quite what you are looking for, search for your ideal property in Turkey using our 'advanced search' facility where you can search for off plan, resale or key ready properties by Region, Town, no. of bedrooms, bathrooms, and price. Search Now >> Join our newsletter & receive a FREE ebook on Buying Property in Turkey >> For further information on any of these subjects or properties, or to arrange viewings, please contact us. Debbie Hot Property Turkey