Turkey 'giving buyers more value'

Thursday March 5th , 2009

Property in Turkey could be a good option for those looking for an affordable holiday home, an expert has claimed.

The strength of the euro against the pound has dissuaded many UK buyers from investing in destinations such as France or Spain.

However, Janet Schofield of the Turkish specialists Nicholas Homes, notes that the country provides better value than many of its European counterparts.

"You get more for your money in Turkey, when compared to Spain or popular Greek resorts," she explained.

"Prices haven't gone up lately, and there are definitely good deals, such as two-bedroom apartments from around £40,000 and villas with pools for around £140,000."

Meanwhile, property specialists Azure Overseas recently claimed that the global economic downturn is boosting interest in Turkish property from overseas investors.

Company director Frank Crowley said the trend is likely to continue for at least the first three months of 2009.
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