Euro is a bargain for Brits buying in Spain

Buyers of Spanish property can now get a bargain rate right now as today’s rate of the Euro is at 1.45 to the Pound and the imaginary 1.50 exchange rate is improbable to be seen in the near future.

This is the opinion of currency expert, Alistair Sweetman, who is convincing British buyers of Spanish properties and other Euro zone countries to fix their currencies immediately before purchasing a property. read more

Posted on: Spain

July 31, 2005

Buying Turkish property explained: The buying process

Turkey’s beautiful coastlines are now becoming hotspots in the property market. Real estate buyers are not only those looking for a better lifestyle or holiday home but also serious property investors. According to Robert Nixon of Nirvana International, as Turkey has yet to join the European Union, many investors have seen a great opportunity to buy property now and wait as the property boom moves from other popular European countries.

Fortunately, the actual process of purchasing property in Turkey is a lot easier than in many other European countries. “Foreigners can purchase property and land in their own names without any difficulty,” says Nixon. However, investors should be aware that there are some restrictions on where to buy. According to Nixon, areas which are located in the countryside which are not under the control of a town or borough, known as municipality areas are off limits to buyers. Military zones are also prohibited.

Posted on: Turkey

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