Property in Istanbul

Turkey – Fifth Most Attractive Property Market

A recent report prepared by British daily the Telegraph ranked Turkey the fifth most attractive property market in the world. The number of overseas property purchases in Turkey rose by 78 percent in the first half of 2013, with İstanbul leading the way.

Most of the clients who were interested in buying Turkish properties used to be British. Now a lot of buyers from the Middle East, who view the country as a safe place to invest.

Noting that the global market has been reviving in the past few years and that British citizens have a habit of investing in the sun in order to spend their vacations there, which can be turned into investment later on, the report underlined that even though investing in overseas property always comes with risks, “There are a number of destinations where investing now looks far more attractive than 12 months ago”.