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Investment Property in Turkey is best described as a ‘recently modern’ country. An ideal tourist location, Turkey has a huge young population at its disposal, which makes the country a perfect growth-oriented nation. As a European Union (EU) Candidate country, Turkey’s economic growth is virtually assured in the years to come

What Makes Turkey Hot Investment Destination?

Turkey is a vast country with an immense reservoir of naturally alluring features. With over 7000 kilometers of beautiful coastline and a Mediterranean climate, Turkey offers the perfect tourist destination. Turkey is particularly jam-packed with tourists during summers with more than 300-days of uninterrupted sunshine. Resultantly, the coastal resort towns of Altinkum, Bodrum, Kusadasi, Marmaris, Fethiye and others offer maximum returns on investment in rental property.

Turkey was historically, a closed society with not too many opportunities for foreign investment. But, with the advent of globalization, the world has become almost a large town, and the concept of being ‘Glocal’ aggressively pursued by international governments, Turkey has opened its doors for foreign property buyers. Since 2003, foreign investors have been making a beeline for Turkish real estate as a result of liberal investment laws ushered in the country.

Turkey has also been aggressively pursuing its candidacy for European Union membership. Once it becomes a member, the Turkish economy is expected to soar to newer heights. More importantly, real estate prices are expected to reach new heights once the country becomes an EU member. Therefore, the investors suggest that the ideal time to buy Turkish property is now, when the nation is on the verge of development.

More than half of the Turkish population is under the age of 25 years. This means that ‘young’ Turkey is poised to take the country to the next level of development. Perhaps, this explains that the real estate prices in major cities like Istanbul, Ankara, Izmir, Konya, Bursa, Adana, Antalya and Mersin have already soared. The demand has already outscored the supply of available tradable property in these cities, due to influx of migrant population from the countryside in search of jobs.

Turkey has adopted the European building standards and regulations for its new constructions. This is primarily done to lure the European investors into making Turkey their second home. The European standards are among the best and the most investor-friendly yardsticks. Not only do these standards inspire confidence in the potential investors, but also ensure a planned development resulting in the overall better living standards for the residents in the region.

Turkey has the remnants of one of the oldest settlements in the region, with traces of ancient Greek, Roman, Persian, Arabic and Byzantine culture still pervasive in some parts of the country. This also adds to the charm of Turkey for the potential foreign investors.

The price of real estate in Turkey as compared to other European countries has always been the talking point among the real estate dealers and investors. It is often said that prices in Turkey are the same as in Spain, if you knocked a zero off, and there are people who say that property prices in Turkey are 10 years behind those in Spain. The situation is not so rosy as it seems. Though prices of real estate in Turkey are still far less than countries, like Spain, yet with promised developments and booming economy, things will not remain like this forever.

Hottest Investment Destinations in TurkeyAs mentioned earlier, the major cities of turkey are already choc-a-bloc. And fortunately, the country’s long coastline offers maximum investment opportunities in terms of rentable and saleable holiday homes, villas, and luxurious homes and apartments.

The southern resorts of Fethiye and Marmaris are currently the best property investment destinations in the entire country, closely followed by the northern Bodrum and Cesme Peninsulas.

Surrounded by mountains, water and lush forests, Fethiye is a great coastal town to invest in tourist-related property. The picturesque location of this town means that the tourists are always checking-in and checking-out of Fethiye all the year round. Dalaman is the nearest airport to Fethiye. Dalaman Airport (DLM) has regular daily flights to Istanbul and a number of weekly direct and connecting flights to London and other major European cities.

The Bodrum Peninsula is another popular spot and is known as “the new San Tropez”, where wooded countryside meets the shore in a series of glorious bays and pretty fishing villages.

Cesme Peninsula is within touching distance to the Greek islands and most people use Izmir as a closer airport than going via Greece. The region is already on the development radar with golf courses and residential homes being planned around the village of Alacati.

Calis is another fast developing coastal beach town. This resort village is an ideal location for investors looking for rental property as well as those looking for a beachfront home, with a steady flow of tourists.

Wherever you are looking to buy an investment property in Turkey be sure to check out the thousands of new, resale and FSBO properties for sale in Turkey on our website.

There will come a time in the life span of any new company when they will have to consider their first business premises and this is one of the most important decisions that can be made in the early stages of any company.
London offers phenomenal advantages and services to businesses of all sizes. It is served by five major airports, European rail networks, Underground network and is at the centre of a vast motorway network. London is the nerve centre of business in the UK, a driving force of the economy with virtually every business facility you care to think of.
A London business address carries a significant amount of weight in clients’ perceptions of your company; a London business can appear more dynamic than a similar one that is located in other regions of the UK. One question, and especially in today’s economic climate – is whether to rent or to buy?
While buying commercial business property can eventually lead to your business having some collateral, it can also present a number of problems that are not experienced by those who choose to rent; initial outlay being the first. In order to secure buying a business space, you are going to need a lump sum to put down and, very possibly, a commercial mortgage.
Rental offers you the freedom to view substantially more available premises and move into your choice, without the worry that your investment is going to affect the company’s profitability. In addition, as has been proved in recent months, bricks and mortar are not guaranteed to retain their worth.
An important part of any business is the monitoring and control of cash flow; renting office space generally allows greater flexibility and fluidity. As the recent economic downturn has shown, mortgages are subject to the fluctuations of interest rates, whilst rents are usually fixed for a minimum of 5 years – and of course, there is always the consideration that you may find it hard to borrow at all in the current climate. In London, due to the fact that many offices face the prospect of becoming unoccupied as a result of a series of redundancies, the supply of office space is beginning to significantly outweigh the demand. The result is that landlords are already being forced to drop their rents, meaning that there are a number of rental bargains waiting to be snapped up in the capital – with the likely possibility of more to come.
London’s stagnant property market also means difficulty for the owners of business space who may want to move. For a tenant, it is simply a matter of giving notice at the right time, finding new premises and moving on.
If a company who own the office space find their business expanding and the space they own insufficient, the current climate in the capital presents a huge hurdle; how are they going to sell the property? If they are lucky enough to do so at the moment, it could be at a loss.
London’s facilities have enticed and supported businesses for hundreds of years. The current economic climate in the capital has turned the odds in favour of the tenant and it looks to remain that way for some considerable time to come.
For interviews, quotes, images or comments contact:
Shivani Gurtu-Louth
Devono Operations Manager
Tel(DDI): +44 (0)20 7096 9911
E-mail: sg@devono.com

Despite the best efforts of the recession to undermine the UK’s economy, London still remains one of the most important centres for business and commerce on the planet. Prior to the economic downturn, London commercial property came at a price that was well beyond the reach of most small businesses. However, since the recession really took hold, freeholders and landlords have been forced to drop their prices, creating a window of opportunity for small businesses and private investors.
There can be little doubt that having a business with a London address carries more weight than anywhere else in the country. London offers everything a business could want: it is served by 5 major international airports that offer convenience for business overseas and hosting meetings with foreign companies. London’s underground network provides a means of transportation that can take you from one end of the capital to the other in the space of little more than one hour and the motorways and road systems that feed London provide accessible routes for haulage vehicles and nearby means to access any location in the country.
Buying commercial property in London can be a lucrative investment. With prices at an all-time low, many small businesses are taking advantage of the opportunity to expand by buying commercial property in London at prices that are now much more within their price range. For the private investor, the opportunities are even broader; buying at the low prices thrown up by the recession can only lead to an increase in capital as the property market recovers its footing. As the price of property will inevitably increase, so too will rents charged for commercial property in London. As both landlords and freeholders, investors can make a profit on either front; there will never be a shortage of tenants in London and a property bought at today’s prices should in time see substantial gains.
Anyone considering buying commercial property in London would be best advised to seek the services of a commercial property estate or acquisition agent. Their local knowledge and overall knowledge of the London property market will allow them to identify emerging hotspots ripe for investment. In addition, an independent commercial property estate or acquisition agent will be able to use their negotiating skills to secure the favourable terms possible on your behalf. With the London Olympics arriving in 2012, certain areas of the capital will experience regeneration and investment quicker than others; a good commercial property estate agent will be able to advise you as to which areas offer the most potential profitably to you and your investment ; there is much more to the capital than the West End and the City.
Property advisors, have predicted that London office space will start to increase in value at some point during the course of 2010. As a result, landlords will be able to increase the rents they charge and we should see a kick-start to London’s economy finally. Before that happens, investors would be prudent to investigate the current prices of commercial property to rent or to buy in London and see just how profitable the opportunities are that the recession has inadvertently provided.

Economic downturns and recession are a cyclical part of the world’s economic structure. The ramifications for a country can manifest themselves in many different ways but, as a rule of thumb, for many it means that the cost of living is more expensive, as fuel bills rocket and property prices plummet. However, during these times, opportunities for business owners often arise from the most unexpected sources.
Research into the potential effects of the UK’s predicted recession on the market for office space in London, has provided information that might be considered good news for those looking for new premises in the capital.
According to a study on London commercial rents, prime City office rents are down by £7.50 per square foot to £57.50 when compared with the same period in 2007 and the capital value of commercial office space in London is down by 30%. While this is bleak news for landlords, it provides welcome opportunities for those looking to rent office space and those looking to buy.
In the wake of the credit crunch, there is also the situation where the supply of office space and commercial property in London is now outweighing demand. Prudent prospective tenants and buyers are now finding themselves in an extremely advantageous position and can use their commercial property agents to negotiate favourable terms on their behalf. Landlords and vendors are now more likely than ever to cut their rentals and vendors are anticipating selling commercial office space in London at much less than its previous worth. Needless to say, the current economic landscape is attracting many long-term investors who have been watching the property markets and are now ready to reap the benefits.
In addition, there are still many office developments under construction, but the waiting lists for tenants have evaporated over recent months. For the immediate future, this suggests that dramatically more office space will leak into the market and continue to force rental and investment prices down. Another study has predicted rising vacancy rates across the capital for the next year and a half. As the situation stands, the market for office space in London is definitely now in finding favour of those looking to rent and to buy.
Whilst buyers can expect to snap up office space in London for much less than its previous market value, tenants can look forward to a series of incentives to accompany low rentals, such as ‘grace’ periods. Landlords and vendors alike seem to be prepared to accept what they can get in this current climate, rather than watch their office space in London go unused and lose money on upkeep and business rates.
Whilst the credit crunch has directly affected banks and financial institutions and resulted in large numbers of redundancies in those sectors, businesses and companies that are continuing to expand should be looking carefully at the commercial property market. If an expanding company has the capital, it seems that there has never been a better time to invest in office space in London.
For interviews, quotes, images or comments contact:
Shivani Gurtu-Louth
Devono Operations Manager
Tel(DDI): +44 (0)20 7096 9911
E-mail: sg@devono.com

When marketing yourself for Below Market Value properties or indeed any type of property investment it is important that you have a number of different strategies. Here are just a few to get you going:1. Estate Agents. Here is where most people tend to give up. They go into an estate agents’, they will ask for some cheap deals, and they will be politely shown the door. Or they will be shown overpriced properties which do not fit their criteria. It is important that you start to build on-going relationships with estate agents so that they begin to trust you. Then they will know that when a good quality deal comes through you will be in a position to take it. 2. Leafleting. Again, this is where a lot of people tend to give up or not get it right. It is important that you are targeting the right – and specific- areas with regard to the type of property you are looking for and also that you are doing it on a consistent basis ie: that you are not just a one-hit wonder. It is also very important to test and measure the headline and content of your leaflet on an on-going basis.3. Advertising. Again, it is important to look very carefully at the three main categories of your advert:• The Headline• The Benefits• The Call To Action4. Networking. It is important that you are meeting people on a regular basis and building you contacts database.5. Your Website. It is important that you look at cost-effective ways of driving traffic to your website. You could do this in a number of different ways, and if you would like a copy of our latest mp3 download of how to drive traffic to your website then please do not hesitate to contact me at www.davidjsalmon.co.uk 6. Direct Mail. You can start doing this once you have built up a database of people who can connect you with various property transactions. We can help you with this as it is part of a coaching exercise that we do. With regard to direct mail, it is important that you have a strong headline, a number of different benefits that you can offer them, and a great call to action.7. Email Campaigns. 8. Developing a network of good quality property sources.9. Cards in shop windows, or with other tradespeople.10. Internet research with regard to finding properties for private sales.11. Websites.12. Forums, such as www.propertyfindersecrets.co.uk/forums or the website called property tycoons etc. Learn how to find investment opportunities with the credit crunch www.davidjsalmon.co.uk find a property, find property, property for sale, find property for sale, estate agents, properties in London, Rightmove