Romania recommended to investors

Overseas property buyers have been advised to consider purchasing a residence in Romania.

According to FC Exchange, the eastern European country could be a good location for those who want to collect quick returns on their investment.

The currency specialist said this is because the property market in Romania is growing at a relatively fast rate, especially in comparison with places such as France.

This has prompted managing director Nick Fullerton to suggest that people take these issues into account when deciding where to invest.

He commented: "It is important to firmly establish the reasons why you are buying property at the very beginning of the process."

Mr Fullerton added that investors who match their strategy to a suitable market will be able to see the returns.

According to the Property Investor Show, 72 per cent of those who plan to invest abroad this year are looking at less-established countries.

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Turkey Opened up by Low Cost Airline

A budget airline could be set to trigger a new wave of interest in a Turkish holiday resort among property buyers.Flyglobespan has confirmed that in May 2009, it will begin offering weekly services between Aberdeen and Dalaman.This means that people living in the Scottish city and surrounding areas will find the Mediterranean resort far more easily accessible.As a result, Dalaman will be likely to attract a greater number of visitors from Scotland.Indeed, Rick Green of Flyglobespan said the flights have been introduced in response to customer demand.He commented: "Turkey, with its rich culture, great beach resorts and reputation as a value-for-money destination, is bound to be a winner."This means that demand for temporary lodgings in the region should rise significantly, thereby creating opportunities for rental investors to benefit.Earlier this week, M&S Money revealed that there has been a 53 per cent year-on-year increase in sales of Turkish lira in the UK.

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Overseas Buyers Consider Germany

Overseas property buyers have been encouraged to consider buying a residence in Germany.

According to NuBricks.com, the housing market has been relatively unaffected by the global credit crunch, as it has largely impacting on its manufacturing and export industries.

This was said to be partly because Germany is one of the most "credit-wary" countries in Europe, a trait which has cushioned it from the problems in the worldwide economy.

NuBricks.com added the nation could be particularly good for overseas property buyers because it offers a strong rental market.

Chintan Mahida, spokesperson for the website: "58 per cent of all its households rent.

"A lower demand for property buying and a solid rental base is what makes the German property market a safer bet over a speculative, emerging market."

She added that people who invest in the German market are likely to experience slow and steady growth.

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Turkey attracts British holidaymakers

More and more leisure travellers from the UK are choosing to visit Turkey, analysts have revealed.

According to the Association of British Travel Agents (ABTA), there has been a 20 per cent increase in the number of bookings for holidays to Turkey this year.

The organisation believes this is because the strong euro has put people off visiting Mediterranean countries in the eurozone, such as Italy and France.

Since Turkey offers more favourable exchange rates, visitors can enjoy similar attractions at a relatively low price.

Speaking to the Scotsman, ABTA spokesperson Frances Tuke said: "Turkey has been a popular market this year, because it is outside the eurozone and British travellers are now familiar with it."

She added that people are not willing to let the economic downturn in the UK force them to give up their holidays.

This comes after price comparison site Cheapflights revealed that it has also seen an increase in the amount of interest in Turkey.

Figures show that in the last 12 months, the number of people looking for information on areas such as Dalaman has risen by more than 17 per cent.

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