Overseas buyers flock to Turkey
The promise of healthy economic growth across Turkey has pushed all the right buttons for overseas property investors looking to buy a holiday home in the sun.
Unlike several other of its European neighbours Turkey appears to have weathered the economic crisis remarkably well and officials forecast predicted growth of between four and five per cent for this year and 2012 this news seems to have inspired a new found confidence in the Turkish property market.
Established sales figures show that for the last five years international property buyers have been increasing at a steady rate. £1.8billion was invested in Turkish properties between 2006 and 2008, that figure rose to £1.1 billion in 2009 alone and during last year it totaled £1.5 billion.
Official figures reveal that Brits are the most prolific property buyers which could well be as a result of the strife torn property markets of Spain and Cyprus