Turkey

Turkey is currently experiencing huge economic growth, which is in turn fuelling demand for new high-quality Turkey properties and driving up property prices.

Turkey's economy is the 16th largest in the world and has been cited as one of the ten most promising emerging economies.

With Turkey's growing tourist industry and all year round holiday season, Turkey offers good rental returns and exciting potential capital appreciation.

With newly introduced rules affecting the mortgage market, demand is set to grow even further. The Turkish government has at long last opened up the market to more property buyers, as of January 2008 investors will be able to take out variable rate Turkish mortgages with terms of up to 30 years available. Previously purchases had to be carried out in cash. There is a steady influx of over 25 million tourists visiting Turkey every year.

Most experts are now predicting that Turkey is on the verge of a property boom.