turkey property to become more attractive to british buyers
News Posted On: 13 April 2009
Sterling is expected to strengthen against the Turkish Lira in the long term; this will make Turkey property increasingly attractive to British buyers, according to overseas property portal Property Abroad.
"Turkey has grown into one of the most popular destinations with British buyers of overseas property, both lifestyle buyers and investors in the last few years, said Les Calvert, director of the portal.
"Though Sterling has recently been strengthening against the Euro, it has been weakening against the Turkish Lira, this is expected to turn around in the next few months, making Turkey property even less expensive to British buyers," he explained, adding: "a rise of even 10 points can have a massive impact on the price of properties to British buyers."
Property Abroad are currently advertising dozens of properties for sale in Turkey, including high luxury villas in Beycik near Antalya from £75,000.
The portal has a large selection of properties in Turkey, from 1 bed apartment in Akbuk for a little over £10,000 to 6 bed villas in Alanya for over a million Pounds. The portal is also currently advertising several commercial opportunities, including a large plot of land in Akbuk for £14,000 and a boutique hotel in Fethiye for £2million.
"Our star Turkey property is the Sun Gate Complex, 1 bedroom luxury apartments in Altinkum for under 20 grand," Les said, finishing: "you don't get value for money like that everywhere."
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