Overseas property hotspots for 2008

Featured in one of U.K's leading newspapers the Daily Mail, Turkey has been selected as a overseas property hotspot for 2008! When looking at where to find a foreign bolthole that will offer good capital appreciation in 2008, Turkey ranked as one of the emerging stars and here's why;

EMERGING STAR: TURKEY

The South-western 'Turquoise' coast of Turkey offers great value compared with Spain and Portugal - and its second-home market is growing fast.

Two factors which have so far been holding the area back - poor accessibility and lack of mortgages for British buyers - are set to be addressed in 2008.

EasyJet has acquired GB Airways, which serves Turkey's southern coast, and British Airways will start flying into Antalya on April 10.

In addition, there is also a new airport at Gazipasa. Routes have yet to be confirmed.

A law allowing foreigners to obtain mortgages is currently being passed through parliament and will bolster the market further in early 2008. Average price rises of 10-15% are realistic for 2008