Could property investors be interested in an international money transfer to Turkey?

Property investors may want to consider making an international money transfer to Istanbul as it has been suggested that new neighbourhoods are beginning to prosper.

The "burgeoning suburb" of Beylikduzu is soon to benefit from a multimillion pound investment in the city's infrastructure, Overseas Property Professional has reported.

Due to open in 2011, a new Metrobus line will run through the area, connecting it to the city centre.

Around a million commuters are expected to travel on the new means of transportation.

There is a budget of TL100 million (£50 million) set for the completion of ten new stops, underground stations and a terminal in Beylikduzu.

Steven Worboys, managing director of Experience International, told the news source: "The western suburbs of Istanbul have become a hotspot for new residential developments.

"Property prices have been steadily increasing in Beylikduzu and the news of the increased accessibility combined with the availability of finance has allowed significant capital gain as well as growing rental income."

Click here to make an International Money transfer to Turkey

Posted by Chris Barber