Turkey offers "great" rental yields

16

Jun

2009

Tags:
 HiFX News@ 12:00 AM

Turkey has been highlighted as an up-and-coming destination for British investors looking to make international money transfers.

Property firm Atlas International recently revealed that the country is becoming more popular with potential expats.

James Dearsley, European sales manager for the company, explained that tourism is helping to boost the profile of the country with increasing numbers of visitors choosing to permanently stay in the region.

In addition, Turkey offers substantial rental yields for expats who have transferred their money to overseas properties that they may rent out.

Mr Dearsley said: "The secondary market is saying tourism has gone up massive amounts and therefore it is a great rental market.

"The rental yield for the investors is exceptionally good. That has been aided by Europe because Europe is seeing Turkey as a great place to buy."

Meanwhile, investment group Property Frontiers recently pinpointed Canada as a lucrative country for Brits making international money transfers to mortgages.

Click here to make an International Money Transfer.

By Linsey Summers.

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