Now is an "ideal time" to buy in Turkey
Those considering an investment in Turkish property could find that they have the perfect opportunity to do so now, as experts have suggested prospects are improving.
According to BuyAssociation, the likelihood that sterling will make a strong recovery against the lira will mean buyers are in a strong position.
The portal highlighted the fact that the Turkish central bank is expected to cut interest rates, suggesting that this and other economic indicators make now an "ideal time" for investment.
With the lira declining against the pound, "anyone buying property in Turkey at the moment could be in line for a 'discount' of up to seven per cent instantly on the exchange rate alone", it stated.
Meanwhile, FX Trading has noted that positive signs are emerging for sterling, with analysts expecting the Bank of England's quarterly inflation report to provide a boost for the currency by indicating positive growth for the UK.
Visit our off-plan property Turkey page
< Back to latest news