While the global property markets are slowly showing signs of recovery many expect the holiday or leisure property markets to remain stagnant for some time yet. The strength of the Euro against the British pound is another factor and with the UK expected to be among the stragglers emerging from the recession this further dampens the prospects for developers in this market. Here in Spain numerous developments are on indefinite hold including a large golf resort development near Malaga. However in Turkey, Altinkum apartments are bucking the trend and sales are holding strong. Many experts believe this is due to the recent EU status of Turkey.
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