Turkish suburbs ideal for investment

Turkey has established itself as one of the major destinations for international property development in the past few years, it has been claimed.

According to Turkish property experts Experience International, property investors are turning their attention to rapidly developing cities such as Istanbul.

Steven Worboys, managing director at the firm, explained that due to the increase in people coming to live and work in the city, demand is high for housing in its suburbs.

He recommends Beylikduzu as one place with growth potential.

"The population of this suburb is expected to grow three-fold within the next five years to over a million inhabitants, further strengthening the perfect investment environment for growth and excellent rental returns," Mr Worboys added.

Meanwhile, the country benefits from being outside of the eurozone, allowing potential British investors to capitalise on a favourable exchange rate and low cost of living.

Last year, Quest Turkey reported that the country was ideal for Brits looking to purchase holiday homes.

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