Investors pointed towards Turkey
Tuesday July 22nd , 2008
Overseas property buyers have been encouraged to consider purchasing a residence in Turkey.
Analysts at Shelter Offshore said property values in the country compare favourably with places such as the UK, France and Cyprus, as they are far lower.
In addition, rising demand for property in Turkey is fuelling growth in the market, as house prices have been rising consistently for several years.
Therefore, the online portal believes it could be an ideal location for investors who want to enter an emerging market.
Shelter Offshore remarked: "Anyone who buys a property in Turkey is buying into an improving country that is proving positive in terms of property price expansion."
The website added that the market is also being boosted by a series of infrastructure improvements and upgrades to its various amenities.
This comes after Moneycorp revealed that Turkey is continuing to attract a high level of interest from investors in places such as the UK, despite ongoing economic problems such as the credit crunch.
