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Hot Turkey

Catherine Deshayes

PricewaterhouseCoopers, The Urban Land Institute and Hot Property Turkey have voted Istanbul as a new overseas property hotspot.

Good capital appreciation, fabulous natural resources and beaches, and a booming tourist industry make Turkey a great option either for a holiday home, an investment property or a permanent place to live.

There looks to be serious money to be made in investment property too. Investors who have already bought in Istanbul have reported a growth in the returns of 42 per cent since February of last year.

The region looks set to boom further as the Turkish Government has ploughed investment into the region, creating new transport links and housing developments.

With the recent advent of Turkish mortgages, the market has become more accessible for foreigners buying property. Obtaining a Turkish mortgage is now far more straightforward, with loans of up to 75 per cent on offer.

Browse Turkish property for sale.