Press Release Summary = Following reports that Cyprus is presenting good buy-to-let opportunities, some investors may be interested to hear of equally positive news from its neighbour Turkey. According to research conducted by foreign investment guide Amberlamb, Turkey has potential for both growth of property prices and growth in demand for rental property.
Press Release Body = Following reports that Cyprus is presenting good buy-to-let opportunities, some investors may be interested to hear of equally positive news from its neighbour Turkey. According to research conducted by foreign investment guide Amberlamb, Turkey has potential for both growth of property prices and growth in demand for rental property.
According to Amberlamb director Rhiannon Williamson, Turkey is \"a better market\" for British investors than some others that have recently proved popular. She says the region \"certainly has more going for it in terms of potential for growth in terms of prices and demand for rental accommodation\". However, she also cautions potential investors in a Turkish property to exercise caution.
According to Ms Williamson, build quality is a serious issue that needs to be considered. Also, the location of the property, as with any property investment, is of prime importance in terms of long-term attraction. However, provided the right property is obtained, there should be no problems with generating rental income or obtaining a good resale price, she claims.
Turkey has long been a popular destination for the British holidaymaker and offers a variety of options for both tourists and buy-to-let investors hoping to exploit the market. At its simplest, Turkey offers hot weather and plenty of good clean beaches to attract sunbathers and people who are looking for a lazy holiday lounging by the sea.
On the other hand, the country has a rich history that is worth more than a passing glance. Straddling Europe and Asia, influences from many different cultures are present in the architecture and artwork. Istanbul, formerly known as Constantinople, was once the crossroads of the civilised world and there is much to discover in the city.
It is home to the Blue Mosque, built in the 1600s and so-called because of the blue tiles that adorn its interior. The architect of the Sultan Ahmed Mosque, to give it its proper name, was told to spare no expense in creating the most magnificent and beautiful place of Islamic worship in the world. Today the mosque attracts thousands of visitors a year, as do other famous historical sites in Istanbul, many of which are within easy walking distance of the city centre.
The Hagia Sophia, for instance, was an early Christian church that was built in 537. Now known as the Ayasofya Museum, it is widely regarded as one of the greatest, and most beautiful buildings in history. Its conquest by the Ottomans at the fall of Constantinople is considered one of the great tragedies of Christianity by the Greek Orthodox faithful. Other buildings of note in the city include the Topkapi palace, residence of the Ottoman sultans until 1853, and the Hippodrome, an ancient horse racing track that was built an estimated 2,000 years ago.
2022
