Why Turkey?

This is a perfect time to invest in Turkey as the overseas property market is opening up as never before. Turkey was deservedly ranked as the third best country to buy property in the world on the TV programme "20 Best Places To Buy In The Sun" on Channel 4.

This third place in the rank is based on a number of facts listed below.

Turkey has seen explosive growth in foreign property investment over the last 3 years. This has led property and land prices to rise, especially in the coastal regions, where prices are rising up to 200% (and some areas even more than this). Many investors compare Turkey with the way Spain was 20 years ago. Look at the Spanish property prices now!

According to the World Tourism Organisation, Turkey will be the fastest growing country in tourism demands with an annual rate of 10%. At present Turkey is ranked in the top fifteen holiday destinations in the world, with over 14 million visitors a year.

There are several reasons for this influx of foreign buyers, which explain why Turkey is the ideal place for you to invest - here are just a few of them:

• Prices - even with the large increases in prices over the last few years, Turkey still has some of the lowest property prices in Europe. You can still purchase a detached villa with a pool below £90,000 or an apartment for just £40,000!

• Climate - the coast of Turkey offers an excellent year round climate. Mild winters, gorgeous springs and autumns and hot summers allow you to enjoy your holidays in Turkey the whole year round.

• E.U. - Turkey has applied to become a full member of the EU. If membership is granted it is expected that, property prices will rise significantly. This will be a key factor in attracting more foreign investors.

• Infrastructure - Turkey is investing heavily in transport links and communications.

• Economy - Over the last few years the economy has stabilised steadily. Turkey is now one of the 20 most dynamic countries in the world trade. In 2005 Turkey's economy grew by 9.6%.