New figures released by the Turkish government have revealed that more than an astonishing $1.3billion was spent on property in Turkey last year alone. Foreign investors are still showing a very keen interest in putting money into the Turkish economy as it is going from strength to strength. The country is even being likened to one of the biggest success stories in recent years.

Following a very successful tourism industry, the Turkish economy is now one of the best around if you are looking to invest in property abroad. Turkey is currently positioned at number seven in the world for most-visited destinations, according to the UN World Tourism Organisation.

To this day the Turkish tourism industry is growing and growing, which is good news if you want to invest in property there. You can expect high returns on any property you rent out, especially in the busy cities and popular tourist areas.

The success of the tourism industry has helped Turkey’s capital climb to 34th place in the list of richest cities in the world, with a staggering 30.1% rise in 2011 alone.

To understand the full step-by-step process to buying a property in Turkey, collect The Overseas Guides Company’s ‘Turkey Property Buying Guide