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Turkey has been hitting the property investment charts recently, with a healthy economic outlook and strong tourism sector making Turkey a good bet for real estate investment. New legislation is currently being drafted by the Turkish government which would, if the change in law goes through, open up property in Turkey for more overseas investors, reports House Sales Turkey (http://www.housesalesturkey.com/).

Currently, there are restrictions in place within Turkish law which stipulates who from overseas can purchase real estate in Turkey, whether for investment purposes or private use. Nationals from countries which have a politically strained relationship with Turkey, such as Greece and Israel for example, cannot currently purchase property in Turkey. There is some pressure on the Turkish government to change these laws now that the country's residential property market is enjoying a boom.

If the legislation change, currently still at draft stage, successfully goes through, it is thought that citizens from Iran, Syria and the Gulf countries will be allowed to invest in property in Turkey from now on. However, the widely-held belief is that the relationship between Turkey and Greece and Israel is still so politically fraught that even if the law changes, it may not apply in those cases. So far, the ruling party in Turkey's government is behind opening up restrictions in the cases of all other countries in order to attract further direct investment into the country, while the opposing party is against any relaxing of current restrictions on overseas investment in real estate in Turkey. The main reason for their opposition is the fact that Turkish people are restricted as to which countries they are free to purchase property in, and the opposition believes that until this changes, the restrictions on residents from some other countries should stand in Turkey.

To find out further information on who can and can't purchase land, apartments, townhouses or villas in Turkey, go to http://www.housesalesturkey.com/.