Turkey Property Investment News

Turkey attracts foreign property buyers

Turkey attracts foreign property buyers

Turkey is continuing to be a popular location for overseas property buyers, according to new figures.

Data from the Undersecretariat of the Treasury that during 2007, people from other countries bought £1.5 billion worth of Turkish property.

Real estate was identified as just one area in which the country was attracting attention from overseas.

The figures, reported by the Today's Zaman newspaper, showed that many were also choosing to invest in the business sector.

Funds were said to be being dispersed across many major towns and cities, such as Istanbul, Antalya, Mugla and Ankara.

This form of investment could make the country more attractive to people who are considering putting their money into a foreign market, as it indicates a strong and growing economy.

Independent analysts at Amberlamb recently stated that the "fundamentals" of Turkey's real estate market are become more robust and appealing every day.

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