"The British investing in the Turkish property market
11 January 2007
The Brits definitely have 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, it’s a wonder why places aren’t 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 only £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."
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