Spanning Europe and Asia, Turkey is where East meets West in a blaze of glory. Influences of both cultures chart its epic journey across thousands of years to the developments shaping this sizeable country today. Ottoman mosques vie for attention next to Roman temples and eastern spice markets mix with trendy boutiques. Ancient cities resplendent with archaeological treasures now a short expedition from lively resorts and sun kissed beaches.
In the south its vast golden shoreline basks in the Mediterranean and Aegean heat while in the north the Black Sea sets the tone for its cooler climate. From its breathtaking waterfalls, historic rivers and tranquil countryside to the hustle and bustle of its vibrant cities with their chaotic bazaars and busy ports, Turkey is crammed full of delights. As more people discover the tempting array it has to offer, so its holiday home market will flourish and boom.
Mortgages in Turkey
Turkey is becoming an increasingly popular destination for those looking for an overseas property as it combines outstanding value for money in its properties as well as a thriving tourism trade that is increasing year upon year. For those looking for a Turkish property mortgage, or have any interest in Turkey and a potential property purchase, then please read on.
Turkey is a geographically diverse country; the nation itself is one of the largest in Europe with a population of approximately 65 million. It is particularly unique in the way that 97% of it is in Asia and 3% in Europe, with the Asian side known as Anatolia and the European side, Thrace.
Turkish mortgages and investment potential
The attraction of buying property in Turkey is not only about value for money, but also for the potential returns on investment. Turkey is becoming an increasingly popular tourist destination with $18 billion alone in 2005 earned from tourism revenue; when coupled with strong economic growth and changes in restrictions for foreign-owned property, the Turkish mortgage market for property investment is showing real signs of a boom.
Mortgages for Turkey popular with retirees
Mortgages for Turkey are on the increase as more and more people flock overseas to spend their retirement. Lured by warmer climates, lower costs of living and the search for something different, Turkey is becoming a popular retirement choice. Retiring to Turkey is a rewarding experience, your pension will go further and you can relinquish the equity of your property in England and invest it into a Turkish property where your pound will stretch further and help you acquire a more luxurious property.
Enjoy warm summers with mortgages for Turkey
Turkey's climate varies dramatically depending on the area you are in. Whilst the coastal areas around the Aegean Sea enjoy dry and hot summers, the mountainous region of the Anatolian Plateau is much more subject to extreme weather and can drop to temperatures of -40 Celsius during winter months.
Mortgages for Turkey open the door to a beautiful culture
As well as warm weather, Turkey also boasts diverse and beautiful scenery from white sandy beaches to dramatic mountains intertwined with the beautiful Ottoman architecture of its towns and cities.
Make your pound stretch with mortgages for Turkey
With a cost of living significantly lower than in the USA or the UK, retirees to the country will find that their mortgage for Turkey could help them attain a more comfortable standard of living than they may have afforded in the UK. Retirees to Turkey will still be able to claim their UK state pension despite living permanently abroad, giving the reassurance of a regular source of income.
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