The Turkish people have always welcomed the British to their country, and this is certainly reflected in when it comes to helping them find an investment property to purchase in Turkey. As an exciting emerging market for overseas property investment, Turkey is a particularly hot territory at the moment – especially the coastal resorts and the Bodrum Peninsula – if you are considering purchasing property for rental purposes. Property prices are currently cheap and excellent value for money, but will not remain so forever, as Turkey becomes an established rather than developing market.
Changes to the law in 2001 mean that it is now easier for UK residents and other non-Turkish nationals to purchase land or property, providing a reciprocal arrangement between Turkey and the country of origin of the prospective purchaser exists – as it does for the UK and Turkey – meaning Turks can also buy property overseas.
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