Mortgage Quotes For Turkish Properties Increase Over Past Year
House Sales Turkey (http://www.housesalesturkey.com/), leading property portal for real estate in Turkey, reveals that the number of quotes for mortgages intended for Turkish properties has increased steadily over the past year. This news from mortgage provider Conti indicates an ever-present interest in property in Turkey even given the global downturn, and is further evidence that there is light at the end of the tunnel for the worlds major real estate markets, including Turkey.
Conti, the specialist mortgage provider, reported that the past twelve months have seen a steady rise in the number of people requesting a mortgage quote for a property in Turkey. May 2010 was one of the busiest months for Turkish mortgage quotes with twice the average figure of the previous year. The companys Operations Director Clare Nessling believes that low purchase costs and real estate taxes mean that mortgage quotes and subsequent property sales in Turkey have remained buoyant where other countries markets have struggled.
"These factors, combined with low interest rates and some bargain property prices, have made Turkey increasingly attractive, as well as more affordable, for UK buyers..Property purchase costs and taxes there tend to be lower than other popular hotspots. Accessibility is important too and the country has a wide choice of airports which are well served by flights from the UK."
This news, which comes on the back of figures which show that tourism in Turkey is going strong, is the latest evidence yet that property in Turkey has not been unduly affected by a turbulent global economic period. The inherent attractions which Turkey holds and which help keep it high on the wish-lists of holiday-makers and second home owners have helped maintain the interest in its property market.
If you are looking to buy a house in Turkey or need to sell property in Turkey, House Sales Turkey can help. Find out more at http://www.housesalesturkey.com/.
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by: Jumping Spider Media