There are many good reasons to invest in the Turkish property market right now....

As the International Monetary Fund underlined in their most recent report on TURKEY in November last year, the overall performance of the Turkish economy has been distinctly positive. Output growth and employment creation have been brisk, enterprises and banks have strengthened their balance sheets, and the fiscal accounts are in good health ... [as a result of] fiscal stability, wage moderation, and growth-enhancing structural reforms,and the pursuit of policies consistent with these goals. These factors are helping keep the property market in TURKEY buoyant. Despite fears that the market has been over-inflated by foreign investors, there are very few signs of it showing a slowdown. House prices in TURKEY are still rising, but at a more reassuringly steady pace than the boom years of 1986-2002 when prices rocketed 284%.

1 : Diversification and profit

When you find undervalued properties in up-and-coming markets before the rest of the world catches on, the opportunity to make money can be spectacular and we feel that the investor investing in different types of property is always better off.

2: Value

Once you look beyond U.S.or EU shores, you get more for your money. You can own a home of beauty and luxury…charm and history…for the price of a quality car.

3: A second home

Your property investment can double as a personal retreat, a private escape in an attractive, but not yet over-run location…something that is increasingly difficult to accomplish in Europe. You can take enjoyment from it while it's appreciating in value...generating rental returns...or safeguarding your net worth

4: Tax

You can pay less property taxes overseas, depending where you go. The fantastic thing in Turkey is that foreign investors don't pay capital gains tax.

5: Legacy

This type of property investing is a way to build long-term family wealth that can be enjoyed by your children and grand-children in years to come. A smart global property investment can make you short-term returns in the form of rental income. Long-term, it can make you and your family rich. What country has become the biggest bargain clearance outlet in the world? Smart investors are flocking to this gorgeous, sophisticated and almost unbelievably cheap country,TURKEY. It's like the world's largest garage sale… but not for long....Dont be late!... Property has already begun appreciating as this crisis economy rebounds. An investment here is like money in the bank. There are some tricks to this trade...and some fundamental truisms...and cautions...that you need to know. But bottom line: Anyone can be successful in international property investments in Turkey at the moment.

See also: Capital Growth/Profit Forecast.

STATISTICS

The UK's biggest mortgage lender, the Halifax , has said that house prices fell by 0.4% in November 2004, and will drop by 2% by early 2005 . It is the latest in a growing line of surveys that show demand is weakening and sales are falling. Is the UK house-price boom definitely over? Martin Ellis, chief economist at the Halifax, says Housing market fundamentals in TURKEY and UK are sound. The economy's strength, the high level of employment and low unemployment, together with the lowest interest rates since the 1950s, have been key factors behind the recent sharp rise in house prices. Sound economic fundamentals will continue to support housing demand over the coming year and mean that the housing market will remain in good health, especially the booming of Retirement investments of Non-nationals in TURKEY also being the Lowest Cost of living Country in EU. Earnings are likely to increase more rapidly than house prices in EU, leading the ratio of house prices to earnings to decline from its current historically high level. The shape of the market will change with better affordability meaning that more first-time buyers will be able to purchase a home.