Thursday, September 17, 2009

Turkey’s Property Market Experiencing A Real Rebound

"Turkey’s Property Market Experiencing A Real Rebound - 17 September 2009

Call it the 'calm after the storm', but a few sites are starting to declare that Turkey is experiencing a true tourism and property rebound. A couple of places even claim (inaccurately though) that Turkey is experiencing its first budget surplus in several years.

But the property aspect definitely is on its way back up faster than many other places, thanks to a few factors. The Turkish Lira resembles an old fashioned European currency for U.K. tourists. While the Euro has inflated prices for U.K. tourists, Turkey still provides the discount deal. Both the Euro and the Pound have gained ground on the Turkish Lira, and with good exchange rates combined with tourists looking to cut costs, Turkey has remained a top choice for holiday makers."

More:BuyAssociation - Turkey’s Property Market Experiencing A Real Rebound