Property prices in Turkey are slowly but surely climbing upwards, the latest figures show. Last month the average property price in Turkey rose by 0.81 per cent when compared to the previous month.

Home prices increased in some areas; 0.32 per cent in Adana, 0.44 per cent in Ankara, and 0.96 per cent in Istanbul, but decreased in others; 0.38 per cent in Antalya and 0.76 per cent in Bursa. Overall, property prices in Turkey seem to be gaining way again, meaning now is the perfect opportunity to invest in Turkish property, especially if you want to buy-to-let, or buy with a view to sell in a few years time.

Renting prices increased overall by 0.90 per cent, only decreasing in the one area of Adana, where they fell by 0.31 per cent. The cost of new homes in Turkey also increased by 7.8 per cent; except for Istanbul which was actually divided – it saw an increase of 3.52 per cent in the price of new homes on the Asian side of the city, whereas the European side saw a decrease of 0.17 per cent.

While many Brits buy property in Turkey in pounds, anyone moving there who will continue to receive regular payments from the UK, should use a currency specialist to save money when transfer these payments into Turkish lira. For more information, speak to currency exchange specialist Smart Currency Exchange.

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