Turkey offers bargain properties

Property analysts have highlighted the differences between property values in the UK and Turkey.

According to A Place in the Sun Live, British buyers will be required to spent about £300,000 on a typical apartment in London.

However, this "wallet-wincing" sum could be used to secure three much larger properties in prime Turkish locations.

The group said a two-bedroom apartment in Bodrum can be purchased for about £64,000, while a further £220,000 and £20,000 will snap up a villa in Dalaman and a studio in Altinkum respectively.

These three properties, which are all located close to the coast, are collectively worth the same amount as one flat in the British capital.

A Place in the Sun Live commented: "Rather than stretch their finances to afford this kind of property, Londoners can get more for their hard-earned money abroad."

This comes after Business Week stated that property values in Turkey are also much cheaper than those in other Mediterranean locations such as Spain or Italy.

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