Low prices make Turkey a desirable option for investors

Property buyers need to remain cautious when looking for overseas investment opportunities, it has been claimed.

Adam Samuel, director of property resource Nubricks.com, has given the warning following figures, released earlier this month by Primelocation, showing that overall foreign property searches increased by134 per cent during the course of 2009.

The portal reported that popular destinations included Spain, France and the United States, alongside emerging destinations such as Turkey, fared well.

Mr Samuel explained that although property searches had increased, it would pay to remain careful.

"We need to be cautious about what that means in terms of actual recovery. A lot more people are looking at what is available and considering where to invest."

He went on to discuss the increasing demand for property in Turkey, claiming that "relatively low" prices and the availability of bargain real estate in the country helped attract investors.

Earlier this year, A Place in the Sun predicted that Turkey would be one of the top five locations for property investment in 2010.

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