Overseas property news - Turkey property 'outperforming' rest of europe

Turkey property 'outperforming' rest of europe


Photo: Colordarcy

Richard Way, Editor at The Overseas Guides Company said: "Mortgage enquiries there from foreign buyers have rocketed in recent months, according to a recent Knight Frank index and leading overseas mortgage provider."

"And the next few weeks will see its property market in the spotlight further, specifically at Dubai's Cityscape exhibition in October, where Turkey has the largest overseas pavilion"

Mr Way continued: "Meanwhile, the Overseas Guides Company's partner in Turkey, Spot Blue, has seen a rise in interest from buyers looking to purchase in Istanbul, a rising star in the international investment arena.

"The reciprocity laws were relaxed last year, making it easier for buyers from the Middle East to own there, and the effects now appear to be benefiting the Turkish market."

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