Turkey 'offers exciting property market'
A boom in tourism combined with ongoing infrastructure investment is helping to make Turkey one of the overseas property world's most appealing markets.
This is according to Shelter Offshore, which claims that the economic downturn has not prevented Turkey from emerging as "an incredibly exciting market to consider" for overseas investors.
With numerous tourism experts identifying Turkey as a holiday hotspot for 2009 due to its favourable exchange rate, the influx of foreign visitors is creating high rental demand and helping to support the country's property market.
In addition, recent work to improve infrastructure and amenities has made Turkey more appealing to outsiders, with a number of new luxury resorts beginning to attract wealthy visitors.
Shelter Offshore concludes that Turkey represents a place where "an investment today could reap significant dividends for the future".
Another reason for Turkey's growing popularity among European tourists and property buyers is the emergence of Istanbul as a high-profile, fashionable destination.
The city has been designated a European Capital of Culture in 2010.
Visit our off-plan property Turkey page.
< Back to latest news