Expatriate Healthcare News: Turkey 'rivals Spain for expat property'
15/06/10 13:30
Turkey is emerging as a rival to Spain for the best European destination for expatriate property investment, according to an industry expert.
James Dearsley, European sales manager at property firm Atlas International, said: "Because of the decrease in prices in Spain, it is now in direct competition.
"Whereas last year [Turkey] was an absolute 100 per cent winner, this year it is now competing with Spain to be the top country."
Turkey's exotic culture and ease of access mean it has an "obvious attraction" for many expatriates, and this coupled with low property prices could lead to many looking to invest in the country this year, Mr Dearsley noted.
He pointed out that locations around Bodrum, Didim and Akbuk are the real growth areas, offering investment opportunities to expats.
His comments follow the Global Property Guide naming Turkey as its tip for European property investment in the second half of 2010.
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