2009 Overseas investment research among Antalya city’s bussiest realtor brokers by Turkish-Property-World.com reveals that Bulgaria, Turkey and France are the countries they believe will see the biggest demand for properties over the next three years due to cheaper property prices.

The International Personal Banking League of Buying Abroad reveals the top countries to buy properties over the next three years as:
1. Bulgaria – 75%
2. Turkey – 56%
3. France – 46%
4. Portugal – 41%
5. Spain – 31%

Over half (53%) of brokers put the growth in demand for overseas properties down to increasingly cheaper properties and interest fuelled by the media. Likewise, a third (33%) cited seeing an increasing number of adverts from overseas countries in UK & Russia leading media.

As a result, nearly a third (31%) of brokers reported an increasing number of queries from their customers. 15 per cent of brokers believed that higher prices in the UK, and a better return on investment was a reason to predict a growth in these countries over the next few years.

Despite increased interest from property investors in emerging countries such as Turkey and Bulgaria, there is still demand for the ‘old favourites’ such as France and Portugal. Spain still remains a top favourite as brokers reveal the demand for Spanish mortgages kept nearly two thirds (65%) of them involved in the overseas market.

The Spanish mortgage market is still very attractive according to four in 10 brokers and almost a third felt that the demand for Spanish mortgages in the UK would continue to increase in the future.

Carol Smith, Head of Business Development for Turkish-Property-World.com said: “The research has given us a real insight to what brokers feel will be the most successful property markets over the next few years. With the expansion of the EU, better transport links and an increase in low cost airlines offering cheap available flights to countries all over the world, the choice when buying abroad has increased significantly.

“When looking to invest abroad buyers are being braver and looking to new markets but it is also interesting to see that people still like sticking to what they know and prefer to buy in countries that they are more comfortable with and have holidayed in frequently.”

Find out the 2009 latest and the best Property For Sale in Turkey for you.

The Turkish Poperty Market is the capitol of 2009 new overseas holiday investments. For an increasing number of British, German and Russian investors in overseas property, the opportunity to experience a new culture, not just in a hotter climate, is an important factor. Which is perhaps why Turkey – straddling Europe and Asia – has become an increasingly viable choice for overseas purchasers in recent years.

Generally, overseas interest for Property in Turkey  is centered on its southern coastline. On the Turkish Riviera (mediterranean coast) it is the areas surrounding Antalya along the coastline with Belek, Side, Alanya and Kemer, where much of the initial overseas interest in the Turkish Property For Sale was concentrated.

While these areas are all still popular with British buyers, a growing number are also now looking to the stretch of the Agean Mediterranean coast that runs from Fethiye, Marmaris and Bodrum. Both coasts offer a mixture of different lifestyles and property depending on the resort, from relaxed Kemer to lively and sporty Antalya, Side, Alanya and Belek which is fast becoming Turkey’s golf capital.

What’s more, no matter which turkish resort you choose to settle in, there are two things you can be sure of – the weather will be hot and the property investment very affordable, even compared to Spain and Portugal alone. Temperatures in the southern Mediterranean resorts average around 23C annually, and almost 30C in summer.

Another worry for British investors could be the unresolved dispute regarding Turkey’s accession to the EU. The country has been slated to join some time in the next ten years – a development that will undoubtedly support the Turkey Property market and economy in general – but ongoing wrangling’s over the Turkish government’s refusal to allow Greek Cypriot ships and planes into its ports and airports remains a sticking point, as does the fact that freedom of speech cannot be taken for granted.

However reaching $7.8 Billion in property sales for year 2008 (near Spain and Portugal), clearly shows that even without EU membership, Buying Property in Turkey is safe. Everyone in Turkey remains optimistic about Turkey’s eventual EU membership, but even before EU talks Turkey has already become a hotspot because of the ease in purchasing Property For Sale in Turkey offering constant price rises and low taxes to investors or retired couples.

Turkey is certainly an intriguing country, as ideal for sun worshippers as it is for culture vultures. And while the property market still seems over priced in Spain, Italy and Portugal, Investment Property in Turkey is a profitable experience worth looking into in 2009, before the new year..

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