9.4.08

Overseas interest

Property investors from all over the world are keen to purchase a residence in Turkey, according to a newspaper report.

Today''s Zaman stated that the country is proving to be popular with investors in many different countries.

Europe was highlighted as the main centre of foreign interest, in particular Germany and the UK.

Investors from both nations were said to be increasingly snapping up residences in areas such as Antalya and Mugla.

The former destination was named as the most popular part of the country in terms of how many properties are owned by foreign nationals.

According to the newspaper''s figures, more than 26,000 people from overseas own real estate in Antalya, while 12,865 have invested in Mugla.

Istanbul, Aydin, Bursa and Izmir were identified as further hotspots for foreign property buyers.

This comes after Sarah Brown of NuBricks.com said that government efforts to attract more visitors to the country could trigger a property boom.