Turkey Property Investors should look to emerging markets says expert

Overseas buyers can make a shrewd investment in emerging markets where there is a good level of demand such as in Turkey, according to one expert.

Director of independent foreign property advisor Amberlamb, Rhiannon Davies, explained that an emerging market with a thriving tourism sector can prove rewarding for investors over both the short and long-term.

She said: "It can make sense to invest in property in emerging markets where the numbers add up.

"There is either short term demand for real estate units that is surging and creating a situation where you can buy off plan and flip the property back for sale on the open market before even closing on it."

Total investment into emerging market economies reached a peak of £1 trillion last year.

According to a report from the Association of International Property Professionals, around 30 to 35 per cent of the money spent on foreign property is directed towards emerging markets.

This article was brought to you by Nirvana International - Specialists in Property in Turkey