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 Prime for Investments  07.06.2007 back
Turkey has been described as a "prime" destination for property investment in a leading foreign property publication.


Turkey has been described as a "prime" destination for property investment in a leading foreign property publication.

According to the magazine, Turkey's infrastructure has evolved to provide foreign buyers with the support and access necessary for development opportunities to become attractive.

Speaking to World of Property, Paul Benedek of Solaris Villas said investors could expect good returns as well as Turkey's culture and charm.

"Turkey has really emerged as a prime property market over the past decade," he said.

The Turkish government has focused on developing the country's tourist industry in recent years, which is visible in the improvements it now enjoys, as Mr Benedek described.

"This infrastructure has made Turkey more accessible, with new roads and enlarged airports being built and existing road and air routes being expanded and has made property in Turkey more popular."

This popularity is evident in Istanbul where home prices have been increasing steadily for a number of months.

These rises have been underpinned by high tourist numbers and a stable economy, as well as efforts to keep inflation in check.

Mr Benedek recommended his top choices for investment as Cesme, Dalaman, Didim, North Antalya, Managvat and Oymapinar.

These are all areas located in Turkey's Tourist Development Regions.

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