"New year, new investment?
By Liam Bailey and Nicholas Barnes
Published: December 27 2008 00:09 | Last updated: December 27 2008 00:09
.....We have selected 10 locations – a mix of city centre and resort areas – where we think people can safely buy primary or holiday homes next year.
9 Turkey
With its substantial and beautiful coastline, Turkey is rapidly emerging as second-home market and while most development has so far been aimed at the mass- and mid-markets, higher-quality projects are beginning to appear. There are limits on foreign buyers – they can’t buy land of strategic, religious or cultural importance – but the country is mainly open (so long as Turks can buy in the foreigner’s country too). Prices in prime coastal areas typically range from €1,200-€2,600 per sq metre. Locations worthy of investigation include Belek, Altinkum and the less developed areas aound Bodrum. "
More:FT.com / Weekend / House & Home - New year, new investment?
