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Turkey is the "perfect place"

Infrastructure development and a prosperous tourism sector should spark huge interest in investment property in Turkey, according to one estate agent.

Natalie Nixon, a spokesperson for Nirvana International, argued that an injection of capital from the Turkish government, as well as overseas corporations, is likely to encourage a rapid increase in the amount of foreign investment in property.

"I think that with the Spanish market becoming increasingly saturated opportunities for a good investment are declining," she commented.

Ms Nixon claimed that the next five years would see a 75 to 100 per cent growth in property prices, sparked by the enduring appeal of the country for tourists, a steadily improving infrastructure and good value housing.

"The Turkish government is investing heavily into its tourism market and coupled with good temperatures 12 months of the year, Turkey is becoming the perfect place to purchase a property in the sun, with the potential for a rental yield all year round."

Around 17,000 Brits own homes in Turkey, according to Homes Worldwide, a figure 500 per cent greater than that for 2003.

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