Turkey Property News

A new euro based mortgage service has been launched by Offshoreonline.org, the UK regulated specialist overseas mortgage broker.

According to Europe's second largest travel operator, Thomas Cook, the hottest ticket this summer is a holiday in Turkey and it's no surprise why thousands of Britons (as well as US President Barack Obama) are expected to visit this non-euro destination in 2009.

A pioneer for five-star resorts in Turkey, properties at Turquoise were unsurprisingly quick to sell-out. Now complete and fully-functioning as a successful holiday haven, GEM Estates is able to pass on a crazy 30% discount on the last remaining apartments. Prices from £66,000 have now been slashed to just £49,693.

While the UK property market is feeling the bite from the credit crunch Turkey’s economy is proving to be extremely robust and in turn its property market is growing from strength to strength.

On the overseas property investment radar, Turkey is still an emerging signal and the temporary suspension of Title Deed Act last year gave many investors the wrong signs. However, 2009 looks set to be the year when Turkey firmly establishes itself as a strong green light on the radar.

In these turbulent times wouldn’t it be nice to buy a 2nd home away from it all where you can be sure of days of sunshine in a glorious setting and where your investment is safe? Turkey is the answer.

Nirvana International, specialists in selling homes in Turkey, are proud to announce the marketing of a luxury development of style and sophistication set on a stunning verdant green hillside yet within easy reach of popular Kalkan resort.

Constructed with a budget of $50,000,000 and due for completion in April of next year, the Dogus Marina at Didim, on the western coast of Turkey is already boosting tourism and trade in nearby locations and on neighbouring Greek islands, including Samos.

Hilton Hotels Corporation has revealed that Turkey is its most successful international development market with the international hotel chain set to double its Turkish estate over the next 2 years, following the signing of 11 new hotel contracts in 10 months.

Plans for a £22.8 million ($40 million) golf resort in the Turkish holiday resort of Altinkum have been given the go-ahead by local planning officials and the Turkish Ministry of Culture and Tourism.

In these times of intense pressure most people are working incredibly hard and need to know that there is light at the end of the tunnel where they can make a secure investment and enjoy life.

Where in the world..Can you find an adoringly restored natural stone built house, with Laura Ashley interiors, surrounded by fruit orchards and olive groves? France? Spain? Croatia? The answer is Turkey in the local ecological village of Kirazli.

Prospective investors in Turkey were delighted with the recent news that the government’s temporary ban on the issue of title deeds (Tapu) to foreigners has been lifted. Now that the Turkish government has had time to re-draft the relevant law, title deeds are being processed as usual.

Enjoy the best of both worlds with an exciting new investment opportunity in the west Istanbul area of Turkey - marketed by Propertyshowrooms.com.

Property Investors and overseas home-buyers alike can turn their backs on the doom and gloom of the UK ‘credit crunch’ and face the golden opportunities and sunshine of Turkey with renewed confidence and excitement

Countries outside the Euro Zone are not affected by the current credit crunch. Traditional countries such as Spain, and Portugal, where the British have bought in huge numbers over the years, are feeling the pinch, whereas other countries such as Turkey are not.

The Turkish government has announced the end of a temporary suspension on the issuing of title deeds to foreign buyers. Brought into force on 15th April by order of the country’s Constitutional Court while parts of the legislation relating to foreign buyers were re-drafted, a parliamentary commission has passed the changes and the freeze will end in the next 2-3 weeks.

The issuing of title deeds to foreign buyers has been temporarily suspended in Turkey while two controversial clauses in the country’s property law, which relate to property sales to foreigners, are amended.

Looking for a “plan for all seasons”? A property investment with very few void periods to bring you maximum income? Then consider Turkey.

The Turkish Golf Federation has plans to add 100 new golf courses to Turkey’s current scanty tally of less than 20.

John Howell, partner at The International Law Partnership LLP says: “The Constitutional Court of Turkey, the highest legal body for constitutional review cancelled a law last week allowing sales of real estate to companies established by foreign firms.

Turkey has been hot topic number one throughout February, with enquiries for property and mortgages increasing beyond all expectations when compared to figures from 2007, A Place in the Sun naming Turkey as the third top place to buy, and the Independent hailing Turkey as top of the hot spots list.

Turkey is learning from the mistakes of Spain and ensuring that its pristine and unspoilt coastline remains that way.

Turkey's property rental market received a vote of confidence based upon data from leading holiday rental site holidaylettings.co.uk this week. The internet based lettings site analysed demand for rental property across the 112 countries where they advertise property to let, and Turkey came in 7th amongst those countries.

Dominic Whiting, editor of the Buying in Turkey guide, the UK’s leading source of information on Turkish property, picks the hottest property spots for the year ahead.