Investors 'should consider foreign exchange rates in Turkey'

Britons looking to invest in a foreign property but concerned about foreign exchange rates might be as well to consider Turkey as a potential destination.

According to foreign property firm Atlas International, many investors are shifting from their markets and turning to the country, where they can make the most of the foreign exchange rate and get more for their money.

James Dearsley, European sales manager at Atlas International, said that investors are considering property prices alongside the euro currency.

"Because Turkey is not in the euro, it means that it is a very good investment for them because they don't have the euro exchange rate," he stated.

"We have seen a lot of shifts from some markets in to Turkey, certainly from an investment perspective, because people are obviously getting more for their money that way," Mr Dearsley added.

Turkey was recently named in the top ten destinations for property investment plans this year by magazine Jet to Let.