Turkish Property Increasingly Popular Among German Buyers
The popularity of Turkey as a destination for property investment and holiday homes has risen among Germans, according to research recently conducted by the Turkish Research Centre (TAM).
The number of Turkish properties purchased by German buyers has almost doubled since 2002, and 14% of Germans are now positive about the idea of buying real estate in the country. Data from a nationwide survey of German people carried out in 2002 showed that 5% would be interested in purchasing Turkish property for a holiday home, 2% were interested in buying Turkish real estate for investment, and a quarter of Germans questioned had visited Turkey. However, the same questions asked three years later revealed that 35% of respondents had visited the country, 10% were considering the purchase of a Turkish holiday home and 5% were interested in purchasing Turkish land as an investment.
Of the German people questioned, the highest proportion of potential buyers was found in the 35 – 40 year-old age group, with an average income of €3,500 a month. At the moment, there are over 15,000 pieces of Turkish real estate under German ownership.
The TAM’s Dr. Martina Sauer predicts that German interest in the purchase of Turkish property will increase, which she attributes to the country’s history, climate and natural beauty.
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The number of Turkish properties purchased by German buyers has almost doubled since 2002, and 14% of Germans are now positive about the idea of buying real estate in the country. Data from a nationwide survey of German people carried out in 2002 showed that 5% would be interested in purchasing Turkish property for a holiday home, 2% were interested in buying Turkish real estate for investment, and a quarter of Germans questioned had visited Turkey. However, the same questions asked three years later revealed that 35% of respondents had visited the country, 10% were considering the purchase of a Turkish holiday home and 5% were interested in purchasing Turkish land as an investment.
Of the German people questioned, the highest proportion of potential buyers was found in the 35 – 40 year-old age group, with an average income of €3,500 a month. At the moment, there are over 15,000 pieces of Turkish real estate under German ownership.
The TAM’s Dr. Martina Sauer predicts that German interest in the purchase of Turkish property will increase, which she attributes to the country’s history, climate and natural beauty.
If you wish to see the original article please click here
posted by Obelisk International at 2:58 pm
1 Comments:
Interesting ... for that amount of money per month I would move to Turkey tonight!
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