Why is Now the Time to Buy in Turkey?
Posted by Paul Burrows
Turkey can be found within 2 continents, South East Europe and South Western Asia, bordering on the Black Sea, the Aegean Sea and the Mediterranean Sea between Bulgaria and Georgia, Greece and Syria.
Turkey is one of the fastest growing destinations for holiday makers, due to the climate, coastlines and friendly attitude of the local people, combine this with a solid growing economy, this makes Turkey very interesting for an investor, with huge profits waiting to be had.
Turkey is a paradise of sun, sea, mountains, and lakes that offers the vacationer a complete change from the stress and routine of everyday life. From April to October, most places in Turkey have an ideal climate that is perfect for relaxing on sandy beaches or enjoying the tranquility of mountains and lakes.
Turkey also has a magnificent past, and is a land full of historic treasures from 13 successive civilizations spanning 10,000 years. Even if you spend only a short time in Turkey, you can see a lot of this great heritage.
There is no doubt that one visit will not be enough, and you will want to come back again and again as you discover one extraordinary place after another. All of them, no matter how different, have one thing in common: the friendly and hospitable people of this unique country.
Real Estate Agents who once worked Spain are now turning their future business plans to Turkey, with the figures so high in Spain of 1.5 million homes sold in the last 10 years, prices soaring and cashflow and resales on a downturn, Turkey has sold only to date a mere 90,000 homes.
With those figures in mind it doesnt take much to figure out the potential growth for Turkey.
Turkey has provided big advantage to the investors since it is a growing market and has friendly environment with one-stop investment opportunity. In the year 2002 its market share is 1.7 by visited 13.2 million tourist and generated 8.5 million revenue. Those figures were recorded 5% higher for 2003.
According to World Tourism Organization Turkey will be the fastest growing country in tourism demands with an annual rate of %10.
As it has been ranked in the world first fifteen destination by 14 million visitors a year Turkey has tried to offer different projects to have developed its accommodation facilities and tourism kinds. In order to diversify the tourism product Turkey has promoted the sites located inland areas to those having different taste than 3S (sea, sand and sun) combination and coastal region as well. Currently, tourism activities in the country are concentrated along Aegean and Mediterranean coasts where about 80% of Turkey's bed capacity exists. However investments have been made on accomadations are not sufficient to correspond the future tourism demands that will be directed to Turkey, therefore Turkey has a strong desire to attract both the national and intenational investors particularly in the regions mostly visited.
IF you are Planning a Trip to Turkey:
USA - CITIZENS ONLY
A visa is required for all U.S. citizens entering Turkey. U.S. citizens may obtain their visas upon entry at any point in Turkey or in advance from one of the Turkish Consulates around the U.S. Please see the Jurisdiction list of the Turkish Consulates for your state. Application for a business visa must be done ahead of time, before entering Turkey.
The tourist visa is valid for a year starting from the issue date. There are two different visa types. With a single entry visa, you can enter Turkey only once and stay up to three months. Multiple entry visa, on the other hand allows you to enter and exit the country more than once within one year period specified on your passport and you can stay in Turkey for three months each time.
Visas given at entry points are valid only for three months. Therefore, visas must be obtained in advance for visits lasting longer stays and for study, research or employment purposes.
The passengers who do not leave the international airports do not need any visas
Non-U.S Citizens need to have to apply for their tourist or business visas in advance BEFORE going to Turkey. Applicants should directly contact a Turkish Consulate in person, by mail or by a courier service. Please see the Jurisdiction list of the Turkish Consulates for your state.
Canadian Citizens can obtain a multiple-entry sticker visa at the Turkish International Border Gates to stay in Turkey for a maximum period of three months. If the planned stay exceeds three months or the individual intends to study, work or be engaged in any kind of gainful employment in Turkey, visa must be obtained in advance by applying personally to Turkish Embassy in Ottawa.
Is it safe to travel to Turkey?
Turkey is one of the safest countries in the world in which to travel, because its rate of crime is relatively low in comparison to many Western European countries. A few years ago, Interpol, the well-known international police association, ranked Turkey as the safest holiday destination in Europe for travelers. Naturally, we recommend that travelers to Turkey exercise the same precautions as anywhere else, and be aware of security concerns that affect all international travelers.
The Turkish Government takes air safety very seriously, and maintains strict controls, particularly on international flights. The U.S. Federal Aviation Administration (FAA) has assessed the government of Turkey's civil aviation authority as Category 1-in compliance with international aviation safety standards for oversight of Turkey's air carrier operations. In the days following the September 11 attacks, Turkish Airlines became one of the first international airlines cleared by the FAA for flights into the United States.
Global-Choice has been providing real estate hot spot information for the last 2 years and has successfully matched Investors with Investments within the same period. If you would like to know more about Turkey and our 6 Hot Reasons to invest Right Now then please click here http://www.global-choice.co.uk/turkey