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Mortgage CalculatorAccording to the latest statistics, record numbers of Britons buying property in Turkey. A record 32,000 Britons have purchased property in Turkey.
Low living costs, affordable property prices and increased number of flights from UK to Turkey holiday destinations have contributed the significant rise in British property owners in Turkey.
According to data released by the Turkish General Directorate of Land Registry, over 63 million square metres of property in Turkey is now owned by foreigners.
British people own the largest part in Turkey at 6 million squire metres, followed by the Germans, at 3,5 million squire metres.
Turkey is located outside the euro zone means that many Turkish property prices are fixed in sterling, and 70% LTV Turkey mortgages are increasingly available for foreign buyers.
Source: telegraph.co.uk