Canny brits target turkey

Brits priced out of the UK are using their initiative to raise money for hefty UK deposits…

John Howell from the International Law Partnership, explained: “Istanbul has become a hotspot for first-time buyers who have been priced out of the market at home.

“People are taking advantage of its financial attractions, such as its relatively cheap property prices. In addition, Istanbul has a thriving rental market, both in the city Centre and in suburban areas.

”As a result, it has become very popular with overseas property investors who wish to generate extra wealth. Some canny young British buyers have invested in buy-to-let here to gain enough profit to get on to the UK ladder."

He added: “Turkey is widely perceived as a safe place in which to buy a residence. This has enabled it to appeal to various groups including property investors and lifestyle buyers".