Turkey: ‘everything in place’ for success

Turkey's popularity among holidaymakers is fuelling growth in its housing market, according to experts...

A spokesperson for property company Amberlamb recently commented: “Turkey is likely to keep attracting more and more foreign leisure travellers during the next decade at least. This means that there will be an increasing level of demand for rental accommodation in the most popular areas, while high levels of interest among prospective investment property buyers is also likely to push up prices.

”As a result, Turkey could be a potentially lucrative investment for those who enter the market early, as they can snap up houses while they are still relatively cheap and allow them to appreciate in value. Furthermore, buy-to-let investors can also benefit from the proceeds of their rental yield. Every single conceivable fundamental that supports the potential for an emerging property market is in place in Turkey."