Print This Article Post Comment Add To Favorites Email to Friends Ezine Ready

As Some Britons Sell Property In Turkey, Russians Flock To Buy

By: margies Home | Finance | Real Estate


According to reports in Turkey’s biggest selling English language newspaper â€Today’s Zaman’, while some Britons are looking to sell property in Turkey, far more Russians are flocking to buy property in Turkey, reveals real estate portal House Sales Turkey (http://www.housesalesturkey.com/).

The leading Turkish daily newspaper â€Today’s Zaman’ cites a local agent for real estate in Turkey, located in the popular tourist destination of Marmaris in southwestern Turkey, as saying that many British nationals are putting their property in Turkey up for sale, just as many Russians are streaming in looking to buy. The Anatolia news agency quotes Cartier Emlak’s Zlfikar Soyvural, a real estate agent who specialises in overseas purchases of Turkish property in the Marmaris area as saying â€90 percent of British nationals residing in the district have put their houses up for sale and are planning to buy property back in the homeland for around the same price they could get in Marmarisâ€. However, he added that there is a significantly growing Russian presence of interested buyers.

Also quoted in the â€Today’s Zaman’ article is Hasan Ate, head of the Union of Marmaris Real Estate Agencies. According to Ate, â€We real estate agencies in Marmaris are feeling the impact of the European financial crisis more this year. So far, we have not sold a single property to a European client. Now they are selling their homes, some at lower prices [than they paid to buy them]â€. What is saving Marmaris real estate agencies is the sudden proliferation of potential Russian purchasers looking for apartments, townhouses and villas in Turkey, including the Marmaris region.

The same phenomenon is being witnessed in other top tourist destinations around Turkey. Russians are making up a significant proportion of people interested in real estate in Turkey, both investor clients and private purchasers. As House Sales Turkey previously reported, the Russian overseas property magazine International Residence carried out a survey at Moscow’s leading property show in March of this year. The findings revealed that Turkey was the third most popular country among Russians looking to purchase overseas property, with Bulgaria coming first and Spain coming second.


We can help you find your ideal investment property, apartment or holiday home in Turkey. Browse our website and view all properties available and register an interest. Alternatively you can contact our property investment team.

In addition to property sales in Turkey, Worldwide Group provides rental and letting marketing throughout the world for your Turkish apartment or holiday home.


Given that The Turkish Ministry of Culture and Tourism has predicted as many as 1 million more Russian tourists will visit Turkey this year (when over 3 million Russian tourists travelled to Turkey last year), it could be that Russian purchasers will bolster real estate in Turkey for some time. To view the latest property listings in Marmaris and all over Turkey, go to http://www.housesalesturkey.com/.We can also provide support services such as valuations of properties you are considering, as well as legal checks and advice. Our travel service can even help with your trips to Turkey! Contact us today.




Article Source: http://www.eArticlesOnline.com

About the Author:
Editor’s Note:The Worldwide Group and House Sales Turkey (http://www.housesalesturkey.com/) is represented by the search engine advertising and digital marketing specialists Jumping Spider Media. Please direct all press queries to Louise Byrne. Email: louise@jumpingspidermedia.co.uk or call: +44 (0)20 3070 1959 / +34 952 783 637.

Tags: , ,

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Real Estate Articles Via RSS!

Recent Related Articles From Real Estate

  • Estate Agents Help Make Profits In Real Estate Market
    By: Jason Ryan | May 2nd 2012
    The agent might also want to indicate a very good know-how about computers the industry. This helps out your customer because agent would be able to allow the purchaser sizeable fees especially if bigger marketed lots of estates while in the space. Read

  • Tips On Showing Your Windsor Property To Buyers
    By: Andrew Ursula | May 2nd 2012
    When in Windsor, there are some important home-showing tips that you need to follow to ensure that you get the best offer for your Windsor home. Read

  • Affordable Luxuries Available In Dubai Apartments And Villas
    By: Dany | May 2nd 2012
    Dubai has been the center of attention for people from all over the world because of its investment opportunities and holiday delight attractions. Investors have invested in various villas and apartments to cater the needs of accommodation. Read

  • How To Sell Virginia Beach Homes
    By: John Crim. | May 2nd 2012
    When in Virginia and you want to make a buck out of selling a home or any kind of residential property, you need to compare the process to a job interview. Read

  • Antriksh Golf City: Providing The Best Range Of Facilities
    By: Komal Chauhan | May 2nd 2012
    This article is related to property and projects in Noida by Antriksh Group and various facilities these projects are providing.
    Read

  • Antriksh Group: Give Comfort To Your Family
    By: Vishnu Swaroop | May 2nd 2012
    This article is related to Antriksh Kanball and Antriksh Golf View 2 project and its features in the Noida.
    Read

  • Spaze Privy Provides Complete Comfort Apartment
    By: Suraj Verma | May 2nd 2012
    Spaze Group launch a new residential apartment Spaze Privy offers 3 BHK apartments. The most celebrated residential project by Spaze is here. Spaze Privy located on the prime spot of Gurgaon-Sohna Express Highway is designed by an international team of architects, it fulfills more than your expectations at a comfortab ... Read

  • Godrej Platinum Bangalore- A Touch Of Class
    By: Allcheckdeals | May 2nd 2012
    Godrej Platinum is new high end luxurious project is being launched by Godrej Properties at the site situated at right off the International Airport Road. Godrej Platinum is offering 3/4 BHK and Penthouse apartments with the size ranging from 2930 sq ft - 3960 sq ft. Read

  • New Condo Solutions Inc. - Oceanfront Condos For Sale
    By: jack authors 3 | May 2nd 2012
    New Condo Solutions Inc. is your complete resource for finding Miami oceanfront condos for sale & rent. Find best deals for buying & selling south beach condos & Miami Beach condos with us! Miami in the United States has become the most favourite tourist destination. Read

  • U.s’s Cheapest Real Estate Commercial Markets-owning And Renting-what Do The Experts Say
    By: norahedward | May 1st 2012
    So with respect to owning and renting what are cheapest commercial Owning and Renting Real estate? Read


Copyright © 2005-2011 eArticlesOnline, LLC - All Rights Reserved
Terms of Service | Privacy Policy