Archive

Posts Tagged ‘Investment’

Tips to be Successful Investor in Sarasota Real Estate

December 20th, 2009 CheapFlatsInLondon No comments

Are you interested to invest in Sarasota real estate? Do you want to earn money from purchasing real estate properties?

A career as s real estate investor in Sarasota real estate is really profitable but it is risky as well. But the good news is that there are ways in order to be successful real estate investor in Sarasota real estate. There are number of tips that you can make use in order to be successful real estate investor in Sarasota real estate, this article will mention few of these tips.

Before buying any property in Sarasota real estate, you have to learn about the market first, you have to gain important information about the market. This is very important. The market changes every now and then, so it is wiser on your part to learn about it.

You also have to gain information not only about the market but about how investing really works. Investing doesn’t mean you will just purchase a home or a property and that’s it. You have to be well-informed and prepared as you enter Sarasota real estate investing. Investing requires lot of money and you certainly do not want to waste your money. Your main aim is to earn a lot, so you have to be armed as you enter real estate investing in Sarasota real estate.

Knowledge and information are important. Gaining these requires time and effort. There are heaps of ways to gain knowledge and information; this article will give you few of these ways, so read on.

You can definitely learn a lot to those successful investors. You may be wondering on how you can contact these investors. You can start by looking at your yellow pages, look for the advertisement that say they are buying or selling properties, then contact these investors, ask about their experiences. Do not hesitate; gaining knowledge requires determination, so you have to be determined to obtain information from them.

You can purchase books about real estate investing. Reading books about real estate investing can help you obtain knowledge about how real estate investing works.

Internet is also a good source for knowledge and information. Go online and search about real estate investing. Actually, you are now getting started to gain knowledge, reading this article means you are eager to gain information and knowledge about Sarasota real estate investing.

You can read about tips and guidelines about real estate investing. You can also look and read about the experiences of those successful real estate investors, you can absolutely learn from their experiences.

You also have to learn about the different types of investment. You have to know how each works. Weigh things out and decide which type you can do best and focus to that type of investing.

Truly, you can be a successful real estate investor in Sarasota real estate if you desire to be. You just have to bear in mind that you have to work with your head and research well. In the world of real estate investing, well researched and well informed decision is the best way to be rich.

Eliza Maledevichttp://www.siestakeyrealestate.com

Mallorca The Place For Investment In The Crises

December 20th, 2009 CheapFlatsInLondon No comments

Why Invest in Dubai Property?

December 17th, 2009 CheapFlatsInLondon No comments

Capital AppreciationDubai properties have risen by more than 20% in the past 2 years – Dubai property is still set to see estimated growth in excess of 12% per annum

Tax FreeNo Capital Gains Tax, No Income Tax or Inheritance Tax

Dubai Property PricesDubai properties are still far cheaper than most major cities – if you could invest in London Docklands 10 years ago would you? Yes

Demand vs Supply85,000 Dubai Properties are being built per year – 52,000 Residency permits are applied for every month! The supply of Dubai properties is not expected to meet the demand for years to come.

Dubai property Rental Rates Rental rates in Dubai have increased vastly year on year with increases between 20% – 40% in the last 2 years alone

TourismThe increase in tourism is clear for everyone to see1.9 Million Visitors in 2000 5.4 Million Visitors in 2005 15 Million Visitors expected by 2010 Dubai will be a Worldwide destination

Dubai is creating a destination with something for everyone – From beautiful beaches, largest shopping malls in the world to the spectacular Dubailand development, 3 times the size of Disney World in Florida and much much more…Attractive Exchange RateThe UAE Dirham is pegged to the US Dollar

Dubai’s Business DistrictDubai is the business hub of the Middle East, with a 24 hour stock exchange and Business Bay under way, Dubai’s Manhattan! Offering prime commercial & residential investment opportunities

And then to top it off of course, year round sunshine and a cosmopolitan lifestyle with an array of entertainment options to suit every taste.

Albania Tourism and Real Estate Property and Foreign Investment is Increasingly Becoming the Backbone of Economic Growth in Albania

December 12th, 2009 CheapFlatsInLondon No comments

Among the populated beaches of Durres and Vlora, Albania offers unexplored stretches on the north and south coasts of the Adriatic and Ionian seas, which are attracting more interest among foreign tourists.

Real estate property investment is also now considered to be a major part of teh economy as many more investors are realising the huge pottential Albania has to offer.

Statistics from June record a 20% increase of tourist visits to Albania from the same period last year. Expectations ran high for June and July, which marked the peak of the summer season.

Among the populated beaches of Durres and Vlora, Albania offers unexplored stretches on the north and south coasts of the Adriatic and Ionian seas, which are attracting more interest among foreign tourists. Statistics from June record a 20% increase of tourist visits to Albania from the same period last year. Expectations ran high for June and July, which marked the peak of the summer season. “More tourists are arriving in Albania this year, and their number has been steadily increasing in the past few years,” Minister for Tourism Ylli Pango said at a press conference. Visitors from Kosovo comprise the bulk of the tourists. Their number has increased by 43% this year, according to official sources. There are also 42% more tourists from Macedonia than there were at the same time last year.

But for such a well located country, which enjoys over 402kms of unspoilt coastline along the Ionian and Adriatic seas, Albania has been virtually untouched by the property boom which swept Europe in the last decade. Ironically, however, just as the rest of Europe is beginning to put the brakes on property, Albania wants to make its presence felt.

‘Albania is the last European market to be discovered,’ says Ismet Terziu, a native Albanian based in London with agents Albania Properties. ‘While other countries may have been oversubscribed in recent years, nobody could level that accusation at Albania.’ That might well be the case but few will deny that this is a risky, emerging market.Property as investment is still in its infancy, with clean title and valid planning permission chief concerns among overseas buyers. Efforts are being made to minimise corruption, while the Albanian government is intent on increasing transparency in business and banking, which, it hopes, will encourage more foreign investment. Investors are primarily focusing on the capital, Tirana and the coastal cities of Durrës and Vlora.There is also interest and development in the southern city of Sarandë, close to the Greek border. To encourage the development of tourism, gated resorts are under construction, but there is a lack of facilities. Mr Terziu points out that there are no golf courses – despite 300 days of sunshine per year. But there is no shortage of land. With a population of 3.6 million in a country roughly the same size as Belgium. Albania has beach-front and city sites available.

For more information you can visit: www.albania-properties.co.uk or www.holiday-property.net.

Finding the Next UK Property Hotspot

December 12th, 2009 CheapFlatsInLondon No comments

A key factor in making money from property investments is to be buying in the right location at the right time.  For this reason being able to locate up and coming property hotspots is essential.  When searching for the next property hotspot there are a number of factors that should be considered.

An important factor in the property prices of an area is the standard of local infrastructure.  The lowest property prices are typically found in neglected and run down areas.  When the infrastructure in an area improves the value of property in the vicinity will usually increase.   For example, a major part of an areas infrastructure is its transport links.  A new motorway or rail ink could cut journey times and make an area more attractive to commuters.    When attempting to identify future property hotspots it is a good idea to look for areas in which improvements to infrastructure are being carried out. 

In the same way that improvements to an areas infrastructure can increase property prices so too can regeneration projects.  When searching for the next property hotspot you should carry out research into regeneration projects planned to take place in the near future.  This information can be found at local development agencies and councils who typically hold a variety of information on upcoming regeneration projects and business initiatives.   Unfortunately these agencies tend to work separately and so it isn’t always easy to get a full overview of upcoming projects.  If you don’t have time to do the research yourself then there are many professional property advisors around that can help.  One well known regeneration project is that being carried out for the London Olympics in 2012, there are however projects taking place throughout the UK that could have a positive effect on property prices.

Another important reason to research regeneration projects and infrastructure improvements is the knock on effect that they have.  When an area is improved its property prices will increase.  Eventually people looking to buy or rent a home in the area will be priced out and so they will instead have to look at buying property in the surrounding areas.  The effect of this is that property prices in these surrounding areas will also increase.  In the longer term property hotspots may emerge in areas surrounding those in which regeneration projects are being carried out.

Overall the key to making successful property investments is to identify hotspots before they become well known.  Although confidence in the UK property market has dropped in recent months with research and smart investment it is still possible to make sizable profits.

Dolphins, Airports, Football and Sunshine- Brazil, the Property Investment Paradise

December 10th, 2009 CheapFlatsInLondon No comments

London 12th May 2007

Overseas property specialists Emerging Places have just released for sale their new property development Sol do Atlantico in Natal Brazil. Located in an area between Natal and Pipa the Brazilian people regard this area as one of the most beautiful coastlines in the country. Property prices in this area are rising fast and property investors worldwide are investing in Sol do Atlantico in their numbers.

Emerging Places hold this region and development in high regard. The apartments are located just 35 minutes from the airport in Natal, 20 minutes from the popular resort of Ponta Negra and only 2 minutes walk from an outstanding beach.

Standing looking over the bay is a very Brazilian scene with dolphins swimming, local children playing football on the beach and the sounds of tropical birds singing in the palm trees.

This part of Brazil is widely regarded as having exceptional investment potential, returns of 20% last year have been seen. Construction is underway in Natal of a new airport set to be one of the largest in the world in order to cope with the huge increase in tourism that has been seen in recent years. The region is setting itself up to be a year round tourist destination, with sunshine throughout the year and a constant warm temperature, property investors are realising the investment potential here is significant.

Flights from the UK to Natal now start from £190 and the area has become very popular with holiday makers and property investors throughout Europe.

Patrick Martin Director at Emerging Places commented “Our thorough research into the Brazilian property market and the Natal area gave us a real insight into the location’s potential. With the Sol do Atlantico development we know we have the perfect project to realise this potential for our investors.”

Brazil has become politically stable and economically prosperous. Economists are predicting the country will become one of the future economic leaders along with China and India. The Brazilian government has been successful at encouraging foreign investment, helping to fuel the economy.

It is a general view that Brazil is at the beginning of a property boom and is emerging into a significant property investment market.

The Sol do Atlantico project is being built over 4.2 hectares but the 201 apartments take up only 18.6% of the ground space leaving large open spaces for a tropical garden, large swimming pool, a restaurant and other facilities. The apartments are currently under construction and are due to be finished in the summer of 2008.

All apartments have 3 bedrooms and prices start from 78,300 Euros. For more information visit http://www.emergingplaces.com

The Property Market in Romania

December 10th, 2009 CheapFlatsInLondon No comments

The best place to invest in Europe

Romania has proven to be a safe place with high capital appreciation especially in the Bucharest area. Romania real estate is currently undergoing major infrastructural developments which will see further capital growth all over the country. “The growth trend is expected to carry on for the next 5 years” says Damien Thiery from Romanian Properties Ltd, who adds: “Romania joining the EU January 1st 2007 along with the development of tourism on the Black Sea coast and in Transylvania, will prove that Romania in the years to come will have one of the fastest growing economies in Europe”. The “Super Highway” between Constanta and Budapest which will go through Bucharest and Brasov will be a critical element in securing Brasov’s role in Eastern Europe on a long-term basis. Not to mention that low cost airlines will soon fly to several cities in Romania lead by Wizz Air who has announced scheduled flights from London Luton to Bucharest in January 2007. British citizens are increasingly purchasing properties in Romania either as investments or holiday homes.

Where to buy in Romania

The scenery in Romania is stunning and unspoilt, the cost of skiing is very low compared to the rest of Europe, the coast is superb and the Romanians are very welcoming.

As a pure investment or even as a holiday home or apartment, Brasov in Transylvania offers one of the highest potential returns as its location near the ski resorts, its infrastructural developments (new airport to be completed in 2008, “Super Highway”), and its lovely traditional town center makes Brasov one of the most sought after locations in Romania.

Romanian Properties Ltd currently offers the opportunity to purchase off-plan apartments in Brasov built to Western-European standards at 900 Euro/sqm.

The coast and its sandy beaches will see a high development of tourism from Western Europeans who are only starting discovering the beauties of Romania.

The investments in Bucharest (shopping centers, off-plan, resales) started a few years ago,

and as such the prices have already gone up in and around Bucharest. The potential, though still substantial, needs to be assessed very carefully.

Prices are very cheap in rural areas but you need to be prepared to spend some time and to have renovation expenditures for your property to achieve British standards.

Steps to buying in Romania

Doing your research as well as finding a well-established agent based both in Romania and in the UK are key when purchasing a property in Romania.

No capital gain tax when selling your property 3 years after the purchase of your property makes your investment in Romania worth while. You will need to raise the cash as mortgages are currently not available yet to foreigners. Should you wish to buy a villa or a plot of land, you will need to set up a company which is a very simple process – your estate agent should assist you with it. Purchasing a new or off-plan apartment can be carried out in your name without requiring a company formation.

What’s Next

Contact Damien Thiery from Romanian Properties Ltd (0870 224 2142) should you want any advise with regards to your property purchase in Romania.

When To Buy Into Real Estate

December 5th, 2009 CheapFlatsInLondon No comments

Real Estate Markets, Confusion, and Investor Psychology

In the current, icy-cold real estate market, there are two schools of thought regarding when to invest. One school contends that it is the perfect time to buy, with the dearth of buyers and abundance of sellers keeping prices down. The other argues that prices have steadily crumbled for the last year, and may not have reached rock bottom yet. So what’s the answer? When is it a good time to buy into real estate?

The answer is right now. But wait, what if the market still has another 5% to drop before hitting bottom? That’s entirely possible, and anyone that says it’s not is either lying or a fool. But so what? Maybe the market is currently in the process of turning around, with a 5% immediate gain on the horizon? The point is, no one knows what tomorrow will bring for the national real estate market, which is an eternal truth that is doubly true in the current market that has baffled so many experts.

You could sit and try to perfectly guess the bottom of the market, and when it passes you by and starts rising, you’ll curse yourself for not buying in and STILL not act. You could still be waiting in five years from now for the “perfect” time to buy. So if you can’t accurately predict the bottom and buy at just the right second, how do you make a sound investment?

There are two strategies that allow you to succeed in the old Buy Low, Sell High model: buying wholesale allows you to Buy Low, and holding the property as a rental allows you to Sell High when the moment is right.

Buying Wholesale

The good news is that everyone and their grandfather are trying to sell right now, so prices are already low. The bad news is that this makes investors complacent about deal-hunting, because everything looks like a good deal.

You still want to find a good deal relative to the existing market, so forget your ideas about what housing “should” cost in your area and only think about what it DOES cost currently. One possibility is to buy through a professional wholesaler, who generally make their living by buying deeply discounted properties and flipping the contract at a shallow discount (e.g. they put a $50,000 house under contract for $25,000, and sell it to you for $40,000). It is possible to get a good deal from wholesalers, but be extremely careful, because every single one of them will tell you they’re doing you a favor and offering you that property at a near-loss for themselves, while trying to sell it to you for as much as absolutely possible. Negotiate, negotiate, negotiate. As a final note on wholesalers, you can find them by calling the numbers listed on “We Buy Houses” signs, or by contacting hard money lenders, who are either wholesalers themselves or know many of them.

Alternatively, you could try to find those deep discounts yourself, but it’s easier said than done. The most effective way to find these deals is simply to develop an enormous network of contacts from all walks of life, from contractors to neighbors to fellow investors to your own tenants, if you have them. Deals will come your way sooner or later, but you’ll have to keep your ears open and your rolodex full.

Rent it Out = Wait it Out

By buying low, you ensure that your monthly expenses will be low, allowing you to sign a rental agreement with a tenant for a healthy monthly cash flow. If the market doesn’t turn around for another two years, so what? Another five years, so what? You’ll be making money as a landlord, and every dollar you have to invest in maintenance, repairs, etc. is tax-deductible as a business expense. When the time comes when the market overheats again, you’ll be poised to make a small fortune by Selling High.

Or, if you enjoy the money that little rental agreement hauls in every month, you can keep the rental property forever, and allow your tenants to pay off your mortgage!

Sure, the real estate market is icy right now. So what? Buy in, hunker down with a rental agreement, and sit tight allowing your tenants to pay your bills for you. When the market turns, you’ll find yourself with some sizable real estate assets.

 

Around the Property World in £80k: Morocco

December 5th, 2009 CheapFlatsInLondon No comments

A budget of £80,000 can go a long way towards securing a Property in Morocco, North Africa, despite the fact that property prices have been appreciating annually at a significant rate â?? up to 30 per cent in recent years. Furthermore, the cost of living is far cheaper in Morocco than in the UK, so it is possible to experience a comfortable lifestyle at relatively low expense.A three-hour flight from the UK, tourism is growing rapidly in Morocco. Its royal leader, King Mohammed VI, a young and forward-thinking monarch, has ambitious plans for his country. He has committed to increasing tourism from 2.2 million visitors in 2002 to ten million by 2010, in accordance with the national tourism strategy â??Vision 2010â??. The country has already signed the Open Skies agreement, which is facilitating this growth through increasing the number of airlines flying to Morocco. This includes low-budget carriers such as easyJet, Thomson Fly, Atlas Blue and Ryanair. According to the Official Airline Guide (OAG), there were around 39 flights a week between London airports and Marrakech before the EU Open Skies agreement was implemented in 2006. But Adam Cornwell of GEM Estates reports that there are now over 100 direct flights every week between the two cities, making tourism the third largest source of revenue in Morocco, providing around seven per cent GDP. However, the aim is to ensure that the tourism sector accounts for around 20 per cent of the GDP by 2010, which will help create an additional 600,000 new jobs. As part of this programme, miles of coastline, urban locations and infrastructure will be dramatically transformed, while a number of new residential-led resorts are being built. Robert Shaw of Morocco Properties says: â??The Kingâ??s vision is set to dramatically increase Moroccoâ??s standards of infrastructure and tourism facilities, which will undoubtedly have a very positive effect on any property investments made today.â? The rise in tourism has not only improved the Moroccan economy but is also boosting demand for property, strengthening the countryâ??s property market. Michael Kent of Moroccan Sands reports that the market in Morocco is at the start of the development cycle and so investors are entering a buoyant market backed by massive government investment and over $18 billion of private finance from the UAE. Consequently, the country now has one of the fastest-emerging property markets in the world. Steve Worboys of Experience International comments: â??Moroccan property in response to this government initiative has been growing at a fast yet sustainable pace. Its proximity to Europe, along with its warm Mediterranean climate and significantly lower property prices compared to nearby European markets, has turned the country into a hotspot for foreign property investors. Morocco is fast establishing itself as a substitute product for traditionally popular destinations such as Spain and Portugal.â? But what exactly can you buy on the Moroccan property market with a budget of £80,000? MarrakechMarrakech, which is commonly referred to as the Red City, is increasingly popular with tourists and overseas nationals buying property in Morocco. The city is the second largest in Morocco, after Casablanca, and is located south-west of the country in the foothills of the Atlas Mountains. Shaw comments: â??Marrakech is exotic and chic and is firmly establishing itself as a premier city break destination and the golfing centre of Morocco. It already has an established rental market and with comprehensive long-term development plans it offers a low-risk investment with the opportunity for outstanding returns.â? Worboys reports that property prices in the city have witnessed significant annual growth of up to 30 per cent over the past three years. A shortage of high-quality properties should ensure that this level of appreciation is sustainable over the foreseeable future. It is still possible to buy property in some parts of the city for under £80,000.GEM Estates is currently selling off-plan apartments in El Oasis de Marrakech, located in the upmarket Palmeraie area, with prices starting from c96,000 (approx £70,000). Surrounded by sub-tropical gardens, facilities will include a spa, swimming pools, restaurants, supermarkets, tennis courts, gymnasium as well as a bank and business centre. Those who buy property in this development are also being offered the option of a ten per cent rental guarantee for ten years by the developer. Elsewhere in Marrakech, Experience International and Moroccan Sands are currently selling a selection of attractive Arabian-style apartments in the five-star Atlas Golf Resort, also situated near the prestigious Palmeraie area. Property prices currently start from around £62,000.Tangier£80,000 will also go a long way towards buying a home in the vibrant city of Tangier, which possesses superb infrastructure and is located along the northern Mediterranean coastline, within close proximity to mainland Spain.Amelia Gristwood of Saffron Villas reports that Tangier is growing in popularity as a holiday home destination. It is reported that easyJet will soon start flying into Tangier, which will almost certainly have the effect of increasing tourism further. It is still possible to buy an apartment for under £60,000 in the area. Property prices in Tangier Boulevard, for example, currently start from £58,000. Shaw reports: â??Over the past three years, property prices in Tangier have experienced phenomenal growth. With many souks, traditional Moroccan cuisine and nightlife, Tangier is the perfect destination to experience Moroccoâ??s diversity in both flavour and culture, as well as an excellent place to buy a property whether for investment or as a holiday home.â? It is also worth noting that construction work on a 39-kilometre rail tunnel will soon get underway. Worboys reports that the new route will eventually run between Punta Palomas, 40 kilometres west of Gibraltar, and Punta Malabata near Tangiers. Worboys says: â??With the only other land route to Africa requiring a detour of some thousands of miles, via the Middle East, it is not difficult to imagine the enormous positive effect that this new connection will have on Moroccoâ??s strategic importance and on property values in Tangiers and the nearby popular northern Mediterranean coastal resorts of Cabo Negro and Tetouan.â?TetouanThe Mediterranean coast of Morocco is similar to that of the southern coast of Spain, except property prices here are much cheaper. Experience International is currently selling apartments in a development called Playa Vista, in Tetouan, located 25 minutes from the vibrant area of Cabo Negro. A one-bedroom apartment with sea views currently starts from £49,850. Mediterrania SaïdiaMediterrania Saïdia, located in the north-east, is a slightly more upmarket Mediterranean coastal resort, which is also proving popular with foreign property buyers. The area features three 18-hole golf courses, an 840-berth marina, six kilometres of beachfront, plus other sports and shopping amenities.New-build condominiums within the Sahara Beach Resort & Spa, where the architecture follows a mixture of Moroccan, Andalucian and Roman styles, are available from around £76,000. Elsewhere, sea view apartments in a new five-star apart-hotel development called Le Jardin de Fleur, a Sahara Beach Resort & Spa, are available from £75,500. Apartments in this tourist development are subject to a fully managed leaseback system, in which proprietors enter into a rental pool. Owners are also offered the opportunity to use their apartment for a period of up to six to eight weeks per year for personal holiday use.Cornwell concludes: â??With all the emerging market hype surrounding so many destinations people have a misconception that markets such as Morocco will come and go overnight. Morocco is here to stay and will continue to grow for many years to come. Morocco is a large country with infinite appeal. Expect average property prices to appreciate annually by 15 to 20 per cent over the next five years or so.â?Marc DaSilva for Homes Overseas: Property for sale in Morocco, property investment advice and news.

Investment Property in Turkey – Investing in Turkey

December 1st, 2009 CheapFlatsInLondon No comments

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.