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Main » Articles » Real Estate » International property

Experts advise to buy property in Turkey

In accordance with the recommendations of the recently released Global Property Guide reports for the first half of 2010, buying property in Turkey - this is the best place to invest in property in Europe.

According to the report, the average income from the lease is currently in Turkey, 5,48% and has considerable potential for further growth - particularly in Istanbul. The average level of rental income in Turkey at the moment is higher than in countries such as Italy (5.04%), France (3.85%, Spain (3.81%), and Portugal (3.63%),.

Moreover, in connection with the existing shortage of residential property, which is about 5,5 million housing units (according to the Central Bank of Turkey), average income from the lease has a potential for significant growth, according to the agency and Gordon Rock.

Additional factors of investment attractiveness of buying property in Turkey include significant discounts, which offer developers in the case of buying a property under construction (off-plan), the guaranteed return schemes and the development of mortgage lending.

"Buying property in Turkey is becoming increasingly popular with buyers, investors from Russia, Ukraine, Kazakhstan, Azerbaijan and other CIS states. Do not accidentally Turkey occupies a strong position in top 10 countries in popularity among Russian buyers of real estate abroad. All those investment opportunities which is what European investors are fully accessible by the Russians and citizens of CIS countries - discount for purchasing at the construction stage, the 7-percent guaranteed income for 5 years from the lease, mortgage of up to 70% for up to 20 years, "- commented Stanislav Singel, President of the International Agency Gordon Rock.

Category: International property | Added by: Дмитрий (25.06.2010) W
Views: 305 | Rating: 0.0/0

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