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Reasons to Invest in Turkish Property

We will attempt to outline some of the reasons we feel that Turkish property investment offers our customers tremendous investment opportunities.

Why Buy Property in Turkey?

 

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Turkish property is still remarkably good value!
Check for yourself by clicking Search Property

 

* Turkey is an EU candidate member

 

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Consistent property appreciation rates

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Prominent European holiday destination

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Gateway between Europe & Asia

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4 hours flight from Ireland and UK
- shorter than a drive from Dublin to West Cork / Kerry!

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Modern infrastructure

Remarkably good value

When you consider domestic and traditional overseas property investments, you should take the time to consider the opportunity afforded by a property sourced through Med Dreams Property. All price comparisons are in Euros ()

Traditional Property Investments
         
  1 Dublin Apartment
2 bed ground floor, Marina View, Dun Laoghaire, Co Dublin
  320,000
       
       
  2 Irish holiday home
3 bed detached house, Ballinvredig, Ballinspittle, Kinsale, Co. Cork
  315,000
       
       
  3 London apartment
1 bed apt., Sinclair Road, London W14, UK
  260,167
       
       
  4 Spanish Apt.
2 bed apt., Puerto Banus
  395,000
       
       
  5 Spanish Apt.
3 bed apt.,, Marbella
  241,000
       
 
A Turkish Property
85,000 (Oct. 2005)
  •  2 bed apartment
  •  72 sq metres living space
  •  500 m to the beach
  •  Shared split level complex swimming pool
  •  Shared landscaped garden
  •  Large Terrace
  •  ***Fantastic Sea Views
  •  close to shops & facilities (<500m)
>> click Blue Bay Heights to view details <<
References    
1. & 2.    ... MyHome.ie 2004
3.     ... findaproperty.com 2004
4. & 5.    ... CPSIreland.com 2004

 

 

  • 2004 Turkish properties appreciated between at 30% to 50% per annum. Don't believe it - call us, view properties, speak to other investors, and find out the facts for yourself!
  • How many of the traditional investment properties can match the view below?

Turkey is an EU candidate member

  Turkey continues talks with the EU regarding accession on October 3rd 2005. Political analysts and commentators have stated that Turkey will most likely join the EU by 2010/2011 either as a full member or as a preferential member like Norway & Switzerland. Therefore now is the right time for Investing in Turkey, and we have the right professionals to help you do so.
 

Click here to read the BBC report of Germany's support for Turkey's EU bid >> "Germany pledges Turkey EU support"

Turkey has a wide range of opportunities on offer for the foreign investor. Some other reasons for investing in Turkey include the following:

  •  The World Trade Organisation considers Turkey to be one of the most dynamic countries.
  •  It has a very liberal investment climate, including free (international) movement of capital, profits, dividends and salaries, free-trade zones and subsidies.
  •  Agreements between Turkey and 39 other countries to promote and protect mutual investments as well as an agreement to preclude double taxation.
  •  Since 1996 there has been a customs union with the European Union and since 1999 Turkey has been a candidate member of the European Union.

Although the first law regarding foreign investments dates back to 1954, Turkey was a relatively closed market to foreign companies until 1980. Previously, for instance, a Turkish citizen was not allowed to smoke American cigarettes and therefore the import and export was at a very low level.

Like many other countries, Turkey found itself in an acute economic crisis in 1979. Pressurised by the IMF, a policy of far-reaching liberalisation was chosen, especially focused on attracting foreign investors and promoting export. One of the main policy decisions regards the approval of a liberal and flexible foreign investment policy. The Foreign Investments Act was adjusted and the investment climate was made more attractive and better tailored to potential investors.

These opportunities and the liberalisation developments have not escaped foreign investors’ attention.

 

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