Second home buyers have been told that property for sale in Turkey could be snapped up relatively cheaply. According to the Times, a residence along Turkey’s south coast can cost as little as £35,000. As a result, areas such as Bodrum and Antalya are becoming very popular with buyers from other countries, in particular the UK.

The newspaper said that many of these people are buying in order to benefit from future growth in the market, some of which many be trigger by possible political developments. “Investors are expecting a big increase in property values if Turkey’s negotiations for EU membership succeed,” the Times commented.

The publication added that property values in Turkey are currently well below the EU average.

Earlier this week, the Turkish Statistics Institute revealed that during the first quarter of 2008, the country’s gross domestic product was 6.6 per cent up on the same point of 2007.

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