Investment in Turkey 'good idea for Brits'

Date: 25/06/2009 13:42

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Britons looking to make a property investment abroad have been advised of the burgeoning market currently taking place in Turkey.

Those considering jetting off to foreign destinations to purchase a new home might want to invest in annual multi trip insurance to reduce the hassle of taking out separate travel insurance policies for each trip.

Elisabeth Dobson, head of private clients at World First, said that individuals can live very comfortably in Turkey, as the price of day-to-day living is much cheaper than in the UK.

She commented: "There is access to historical and cultural things and a lot going on. Turkey is popular with people who are looking for a lot more than cheap beer and discos."

According to figures compiled by the overseas mortgage specialist Conti, the number of applications for loans to buy property in Turkey increased by 65 per cent over the first five months of 2009, in comparison to the last five months of 2008.

Annual multi trip insurance from InsureandGo can cover any unexpected events for frequent fliers.
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