Writing for the New York Times, Roxana Popescu goes Turkish property hunting in Bodrum to take a closer look at Bodrum homes. Despite the recent drop of the Turkish lira, Bodrum has retained its appeal as a fashionable, desirable city for wealthy Turks, international buyers, and expats who live in the peninsula all year round.
The recent plunge in value of the Turkish Lira has seen foreign investors surging to buy apartments in Istanbul at low prices, with most buyers coming from Gulf countries according to observations from Arab News. Cameron Deggin says: “In the last few weeks, unique visitor traffic to our website has more than doubled to over 5,000 a day.”
The gateway to China’s business sectors, NBD Press say that now is the prime time to invest in real estate in Turkey as the Lira plunges to new lows, creating new opportunities for foreign buyers purchasing in hard currencies before prices rise. Cameron Deggin says: “Developers will most certainly start increasing the prices very soon, therefore right now is rock bottom and the only way is up.”
Following a week that saw the Turkish Lira plunge to new record lows against the Pound, Euro, and Dollar, British newspaper The Guardian note a flood of new overseas property buyers looking to grab bargains in the country – simply put; now is the time to buy in Turkey for those looking for the deal of the century. An apartment that would have cost £55,000 less than a month ago is now listed for sale at £37,000, resulting in foreigners flocking to Turkey to grab new homes.
Louise Callaghan of The Sunday Times wants to talk about Turkey. Following on from political instability and the resulting impact on tourism, the question has to be asked: is now the time to find a real bargain property in Turkey? With advice for British buyers, and quotes from industry experts including Cameron Deggin, take a look at Turkey since the failed coup attempt and the impact it's had on the real estate industry.
Taking us from safe bets around the world including Florida and Spain, to up and coming destinations such as Turkey, South Africa, and Antigua - featured in The London Magazine on April 30th 2014, this international article looks at destinations around the world where British nationals are looking to invest in real estate and property, whether that be a holiday home, a retirement residence, or simply a second home in the sun - see why these 5 destinations are coming up tops for Brits and what it is exactly that is attracting them away from the UK.
Cameron Deggin of Property Turkey talks to Mansion Global, part of Dow Jones and one of the worlds leading digital platforms for connecting affluent real estate buyers with global market analysis and news, about the growing Istanbul real estate market and just why more and more buyers are looking towards Turkey. Lured by booming property prices, luxury homes, and investment by Middle Eastern buyers, find out why Istanbul is fast becoming the number one destination for foreign investment.
Featured in The Telegraph, Cameron Deggin talks to Liz Rowlinson on the best places to buy a winter home in the world in 2015, taking a look at property for sale in Antalya and why Turkish real estate makes for the ideal investment for someone looking to indulge in a sport of winter sun when buying a holiday home overseas. Other destinations include Miami, Tenerife, the Seychelles, and a few more.