Turkey’s market ‘rapidly expanding’

An expert has reaffirmed the fact that Turkey is a ‘safe place’ for property investors…

John Howell from the International Law Partnership recently stated: “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.

”The relatively low cost of living has also helped to make it popular with retirees who want to live overseas permanently”.

Mr Howell added: “Turkey is a place where you will see increasing numbers of people wanting to buy holiday homes simply because it is a beautiful and interesting country."

A robust economy

Mr Howell’s comments come hot on the heels of Amberland’s ringing endorsement of Istanbul, which the company described as ‘witnessing a massive boom in its economic fortunes’.

A spokesperson for the online portal noted: “With an increase in tourism to the region and the cultural attractions of the city where east meets west, the location is worthy of closer inspection by would-be property investors.

"The economy in Turkey has rebounded incredibly impressively and robustly since the currency collapse seven years ago. It is this rebounding of the nation's fortunes that is supporting an exceptionally impressive and rapidly-expanding property market”.