Overseas Property
Overseas property has had a rough old time in the last few years, but we have gritted our teeth and dug in. While other agents panicked and changed direction as many times as the wind, we stayed true to ourselves and the markets we have always had faith in.
As those who have followed our journey will know, Turkey and Egypt have always been 2 of our core markets, and now our loyalty to these markets is starting to pay dividends. Turkey and Egypt are now two of the hottest emerging markets in the overseas property world.
Turkish GDP has increased 11% in the first half of this year compared to last year according to Turkstat, tourism has grown by around the same according to the tourism ministry, and it has just won the prestigious award of Conde Nast Travellers favourite.
The Egyptian economy and tourist sector is also growing rapidly, with tourist revenues up to 11 billion USD this year already and GDP thought to be growing at around 6%. It's no wonder that property in Sharm el Sheikh and Hurghada property are proving so popular with overseas buyers.
They are our two most popular overseas property markets. Of course repossessed properties in the US are also hot right now, as are affordable housing schemes in Brazil, both of which can be found on the Azure Overseas website.
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