Buy-to-let boosts turkish property investment

According to the latest statistics 1,703 properties were sold to foreigners in Turkey in June with the first quarter of 2014 showing a 150 per cent increase.

The most popular destination for overseas property investors remains Istanbul, which accounted for 600 house sales closely followed by Antalya (586 sales).

According to Istanbul investment consultants Universal21, interest in Istanbul is driven by investors seeking apartments which they can then rent out to locals. There remains significant demand for good quality accommodation in the city.

Adil Yaman, Director of Universal21 comments: "Apartments provide an ideal short term base for people who live and work in the city as well as students. The best places to look from an investment point of view are those close to higher education establishments and hospitals."

Universal 21 are currently offering apartments for sale at Washington Park located in Old Beylikduzu, Istanbul.

According to the firm, Beylikduzu has one of the strongest growth scenarios within Istanbul with its close proximity to the city Centre, combined with the benefits of living in a well serviced environment away from the over-crowded city Centre.

Indeed, price indicators show 30 per cent growth on new developments from off-plan to completion in 18 months. Beylikduzu located centrally between Istanbul's main Ataturk International Airport which is 15 km away and Istanbul's proposed third International Airport at Silivri, which is only 10 minutes drive away.