Turkish property market has enjoyed 'massive growth'

The Turkish property market has seen massive growth over the past two years, with sales increasing by 20 per cent since 2008, it has been claimed.

According to holiday experts Travelsoon, this rise has been further bolstered by the country's tourism trade, which has seen 44 million people visit during the first half of 2010.

Luke Nathan, who works for the company, says that Turkey has been thriving at the expense of Greece, with individuals able to enjoy a similar standard of living at a reduced cost.

"Since EU negotiations began with Turkey in 2005, it's been a lot easier for foreigners to buy property, and there's been something of a land rush ever since," he continues.

"That said, there's still a hefty bit of red tape to wade through, though there are a number of paid services that help you get your documents in order and speed up the process."

Individuals wanting to buy real estate in Mugla may be interested to know that currently there are now around 14,000 British-owned properties in the location.

The Turkish Culture and Tourism Office recently claimed that interest from holidaymakers to the destination was likely to continue all year round.