Is now the time to bag a bargain property overseas?
Brits looking to invest in holiday homes abroad should move now, according to one property magazine.
Richard Way, the editor of A Place in the Sun magazine, commented that as property prices have fallen across the globe, the number of bargain properties has increased.
Mr Way said: "If you're looking to snap up a holiday home abroad primarily for lifestyle reasons but with an eye on long-term investment [and] you can afford to buy now, then grab a bargain while you can."
He added that Turkey would continue to be a popular choice for holiday homes and people retiring abroad.
Countries, such as Turkey, which are a favourite among Brits are popular because they "have good infrastructure, good accessibility from the UK and people are familiar with them, so see them as a safe option".
It was also noted by Mr Way that to avoid changes in currency values affecting the price paid for the property, investors should use a forward contract agreement.
Visit our off-plan property Turkey page.
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