Statistical signs of improvement
Currently, the economical signs are showing confidence is returning to the property market in Turkey following the most recent drop caused by the failed coup in July. 

Some of the latest figures from the Turkish Statistical Institute (TurkStat) have shown a 41% increase in house sales throughout Turkey in recent months. A large number of these sales are foreign buyers (increasing by 44%) displaying a significant shift in the short downturn. 

TurkStatTurkStat’s information shows a continued growth in interest for Turkey as an alternative to UK buyers. This is more apparent than ever with Turkey already being outside of the EU and not under the influence of Brexit issues. 

TurkStat’s figures confirm Istanbul as the most popular place for foreigners to buy, with Middle Eastern buyers accounting for most international sales in that area. Antalya is the second favourite province with non-Turkish purchasers, followed by Bursa.

Recently, a popular UK overseas property portal survey showed the average enquiry price for a Turkish house has been registered at £147,483 and just £55,646 for an apartment. The survey also found that the majority of the property markets in tourist resorts are shying away from large civil centres such as Istanbul which have seen a significant return to normal.

Growth in all areas continues, thanks to the development of large scale events attracting a truly international crowd. The Antalya resort of Belek recently hosted the Turkish Airlines World Golf Final. Golfers from around the world, including Tiger Woods and Rory McIlroy, put the region back on the map as a golfing go-to place.

For many, especially British, the current European situation and looming Brexit makes Turkey the perfect choice for investment and second homes with Sunray Property