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Recent reports in the property press have consistently highlighted real estate in Turkey as the property market to watch and this is set to be the case for the foreseeable future, according to a new article from the International Business Times. In a piece in the June 21st edition, the International Business Times claimed that “Turkey’s growing property sector shows no sign of slowing down”, reports leading property portal for Turkey, House Sales Turkey (http://www.housesalesturkey.com/).

The International Business Times bases its assertion that property in Turkey will continue to be in high demand on figures from the Turkish Treasury which point to an increase in foreign capital inflows. According to the latest data from the Treasury which were printed in Turkey’s Hurriyet Daily News, foreign capital inflows to the country came to $684 million in April of this year, positioning the country as one of the world’s hottest property investment destinations. Net foreign capital inflows between January and April amounted to $4.7 billion, representing an annual rise of 12.6%.

Further analysis of the Treasury figures revealed that transactions of real estate in Turkey accounted for some $300 million of the April figure, evidence that individuals buying property in Turkey is significantly increasing Turkey’s overseas direct investment. According to the Treasury, 88% of this overseas capital comes from countries within the European Union, with $5.32 billion coming in so far this year, the majority of which was from France.

The International Business Times was suitably bullish about the figures: “Turkey’s growing property sector shows no signs of slowing down over the course of this year, with market fundamentals remaining strong. Istanbul, in particular, has been touted as one of the major regions for investment in the country, with official figures revealing that the city's population continues to soar.”

House Sales Bulgaria can also report that there seems to be no halting demand for property in Turkey, both investment properties and villas in Turkey for holiday home usage. While some other property markets are suffering, Turkey’s is benefitting from a healthy economy and national growth, as well as this ever-growing international interest.

Investor and residential clients will find the latest property listings at http://www.housesalesturkey.com/.