Turkey attracts more foreign investors

More than £5.5 billion has been spent on property in Turkey by foreign investors since 2003, it has been revealed.

According to Property Wire, some parts of the European country have become so popular with buyers from overseas that utility bills are being issued in languages such as English.

Antalya was highlighted as one major hotspot of activity, as almost a quarter of all homes in the region are owned by foreign nationals.

Commenting on this trend, real estate consultant Orhun Ozdener Vahaboglu said: "Basically, the British, German and Russian tourists are flooding into Turkey in ever-increasing numbers."

He described Turkey as a country which is continuing to grow, which means it offers a "lot of potential" to foreign buyers.

This comes after Shelter Offshore said that now would be a good time to buy a property in Turkey.

According to the website, current market conditions "could not be better".

Visit our off-plan property Turkey page.