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Overseas Property Alert

If you are looking at an overseas property investment, do check out the supply and demand now and in the future. The supply-demand mix is, at least long-term, the main driver of the market. Take Turkey as an example.   
Istanbul is the place to be according to the latest Turkey Real Estate Investment Outlook 2012 report. Apartment prices are seeing the sharpest rises – up from $1,500 per square metre to $10,000 per square metre for some developments over the past eight years.
In Istanbul, the supply-demand mix appears to remain in the investor’s favour. That’s not the case on parts of the coast where you can bag some great lifestyle deals but, investment-wise, the supply-demand mix is running the other way and, as a result, prices are falling. More to come on this.