Property Venture's advice is featured in A Place in the Sun Magazine
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"Fact of Fiction?" Investment Opportunities are Scarce in Today's Market" Mentioned by Zoe Dare Hall Turkey "Turkey - particularly Istanbul- is also considered by investment experts as an economic success story with good potential for property investors. McKinsey, the Global Management Consultancy, ranks Istanbul as a "city of tomorrow", based on its young, increasingly wealthy and large population, in a country whose economy is expected to grow by eight per cent this year.""Turkey has become a critically important market for German business, while Germany is a crucial export destination for Turkey. The bond between the two countries is strengthening."
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Comments Louise Reynolds, director of Property Venture, who says investors in BRIC property markets will have a greater appetite for risk than someone seeking European investment opportunities, with fast-growing economies such as Brazil in danger of overheating. Medium to long term potential is more important than booming property growth now, she feels, which is why she favours Turkey. In Istanbul property rental yields can be as high as 7 per cent, and in coastal areas, a holiday let can deliver up to 11% gross yield if let for the full 29 week season and property prices are generally undervalued by European standards" she points out.
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Property Venture® is an award-winning, UK-based agency for overseas property who helps people buy investment property and holiday homes in Europe, more easily and safely than they can on their own, because we offer grounded common-sense advice.
The focus is mainly greater Europe: Poland property, UK investments, Spain property, Turkey property, Cyprus property
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