Is Property in Turkey a worthwhile Investment?

In today's unstable economic environment, investing in overseas property is a sensible idea. Risk is minimal provided you take expert advice and returns can be significant.

PPI have many such opportunities in Turkey. We are here to point you in the right direction in this new and exciting market, answer any questions you may have and assist you in carefully choosing an investment property in Turkey.

We believe you can achieve returns on your investment which you cannot achieve elsewhere.

How does it work?

If you are familiar with off plan investment in Spain then the process wil be very familiar, just so much cheaer!

When buying an off-plan development in Turkey, you get the opportunity to reserve your property at around 30% below market value. The reason properties are offered initially at such a low price is to attract individuals who are in no hurry to take occupation but realise the significant savings of early purchasing. These early purchasers provide confidence in the project and financial security for the bank or the developer who provides the financing for the project.

Construction starts with or without these early sales but of course quick sales at this stage enable the developer to make an increase in prices when constructions begins. Prices generally go up in 10% increments during construction.

• Firstly when foundations are laid
• Secondly when brick work begins
• Finally during the later finishing stages.

An Off Plan Development Example

2 bed unit priced at 150,000€

• Amount paid during 18 months construction - 45,000 euros (30%)
• Property value increase during 18 months construction period - 45,000 euros (30%)

This increase amounts to 100% of the original investment but costs such as legal fees, etc must be taken into account and the property will need to be sold at slightly below market value to encourage a quicker and easier resale.

Therefore a profit margin of 80% on original investment is suggested.

The figures above are examples of returns that can be achieved by investors who get in first at the very early stages of selected developments. Obviously if the overall overseas property market continues to grow year on year, the returns will be that much higher.

If you are interested in buying any of the investment property featured on our site or require investment property advice, then please get in contact with us - our advice and time is free.

Please remember we only feature the best real estate deals so demand is always high for the investments we feature - so time is of the essence.

Contact us via our contact page or call on 0044(0)1382 738039 or 0034 951 31 91 91 or you can email us at info@ppinvest.co.uk.