Turkey wasnt included because "A Place in the Sun" restricted the criteria to EU member countries only (which also explains why Morocco was not included). The results for this programme were based, at least in part, on a survey commissioned by PriceWaterhouse Coopers which funnily enough selected Istanbul as the number one destination for property investment in 2006 and 2007. Why "A Place in the Sun" selected member countries only - I dont know. A company called dqdx do a pretty good survey of the research for the region.

What you say does make sense, but then why wasnt Bulgaria in as they have only just joined the EU at the same time as Romania - or am I totally wrong??

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Hello,

I think Brazil should now be included in the poll as well. It is still early stages but North East Brazil is at a start of a mayor property boom.

Many entrepreneurs believe it will become one of the world's largest second home markets over the next few years. Hot spots in Brazil are Fortaleza-Ceara, Natal and Bahia.

You can find reports and information at:
Brazil Property Ventures
or Empyrean Ventures - Brazil Real Estate Investments - Ceara Fortaleza Opportunities

I didn't actually watch the programme, but anyone has views on Romania? Although prices are booming now, what are the prospects for long term growth (and what would make it more special than the other Eastern European countries)? Also, I hear a lot about corruption. Does anyone have experiences to share?

Thanks.

There are soo many places in Latin America to buy that are just as beautiful than in the EU... I guess everyone has their own taste, but what about countries like Belize, Costa Rica, Argentina???? Gorgeous countries for a fraction of the cost!

Turkey as just had one of its hottest winters on record,
Cant honestly say travel agents have any knowledge of the property market,

Wilkes1976
PriceWaterhouse Coopers did indeed select Istanbul as the number one destination for property investment in 2006 and 2007.


The overseas property market is opening up as never before.
20 Best Places To Buy In The Sun, Amanda Lamb chose her 20 recommended property destinations.Number,3. Turkey,The country with something for everyone,

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It´s a nice bunch of countries, but where is Turkey, Morocco, Brazil & Bulgaria?

dtratcliffe

Dtratcliffe,
Please ask them again,

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I can understand Spain and Cyprus position but got to agree what's happened to Turkey surely it should be in the top 10 somewhere

It would be good to know exactly how they judged this. Romania will have capital growth. But what about income? what about yields, the costs of borrowing is high etc. I think that this was not a particularly scientific analysis, it would be good to know how it came to be. Even from polling here, people are pretty low probability to buy there. I went to Western City (a rich city) in Timisoara and it was close to terrible. Who makes these programmes. Local people are not going to pay western investors incomes. So who is going to pay the income on rental property. Ok in the center great ski, but very high prices already! It does not make sense. It does not stack up! There is a saying in Romania. All sane romanians have at some point thought of leaving. Only the mad ones stay!! Hey in truth they are a nice lot, but by goodness the country neds a big make over. Changing Rooms have there work cut out for the next 50 years. Also EU money will flow, and in truth I prefer Romania to Bulgaria, but remember for last 30 years Italian and Germans have bought the land up , is no bargain place. Speak to any Romanian. They think is over priced.