Real estate prices down but not out in Marmaris

Sunday, November 30th, 2008

Although there has been a significant decline in purchasing in the real estate market over the last two years, Marmaris estate offices do not think prices have dropped to the depths predicted.

Due to the global economic crisis, potential buyers were expecting huge reductions in property prices, as seen in Europe and the rest of the world. Although Turkey is feeling a knock on effect, most local agents say they have not been as badly hit as others.
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