Searching for a sunny place to live? Try turkey

If you are searching for a sunny place to live, forget Spain and try Turkey, agents are advising.

Turkey has seen its popularity soar in recent years thanks to the country’s strong economy and a rapidly growing tourist industry. Indeed, it is now a rival to Spain for second home hunters, according to Universal21.com, with Spanish property prices falling 7.6 per cent year-on-year compared to Turkish property prices rising 12.2 per cent across the same period.”

Monica Anca, Director of Universal 21 says, “Turkey’s economic performance in recent years has been at the opposite end of the spectrum to that of Spain. Spain’s struggles with high unemployment and recession has had a major impact on property prices.

“We have seen investors turning to Turkey as a more secure alternative with property prices still lower on average than Spain and none of the risks associated with the overdevelopment of property that Spain is still paying a heavy price for”.