Turkish property market sees huge growth

There has been massive growth in the Turkish property market, it has been claimed.

The Turkish property market has experienced significant growth over the past two years as sales have gone up 20 per cent, it has been claimed.

According to holiday experts Travelsoon, the marked increase has been aided by the country's tourism trade, with 44 million visitors to the country in the first half of 2010.

Luke Nathan, a company spokesman, revealed Turkey had started to overtake Greece as a favoured destination among holiday home insurance customers, with both nations offering a similar standard of living but the former being cheaper.

"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 noted.

"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."

Atlas International said recently that Turkey is likely to rival the traditionally favoured holiday home destination of Spain as the number one choice among Brits