Turkey recorded the world’s third highest economic growth trend during the second quarter of 2010 with an increase of 10.3% in gross domestic product, behind Singapore and Taiwan according to the Turkish Statistics Institute.

Construction grew by 21.9% in the quarter and was followed by the fisheries and manufacturing areas, with 15.7% and 15.4% respectively.

David Walker, vice chairman (UK) of the Board for the Turkish British Chamber of Commerce and Industry and Director of Spot Blue, said: "The opinions from those at the heart of the construction sector in Turkey, are very positive and there is a great sense of self belief in Turkey and its economic outlook for the country, post global downturn. I have to say I personally believe this has always been the case; optimism has remained high in Turkey and this, coupled with hard work and the steady decline in unemployment, has meant that this faith has translated internationally. We are seeing greater numbers of Europeans seeking to invest in Turkeys growing economy and property is one of the most popular means of doing so, offering twofold benefits for purchasers - an investment into a growth market and a tangible asset that buyers can enjoy personally too."

There are over 32,000 British national now owning properties in Turkey according to the Turkish General Directorate of Land Registry, with the coastal resorts on the Mediterranean and Aegean Seas attracting a steady flow of interest, however it the largest city in Turkey and the European Capital of Cultural 2010, Istanbul, which is currently receiving an influx of investors.

Julian Walker, managing director of Spot Blue said: " Istanbul offers an excellent investment opportunity, attracting an increasing domestic market looking for property rentals as well as international visitors. These factors combined with the Turkish economic growth means that developers are struggling to meet demand from buyers. Sales of properties are strong considering the global economic climate and more developments will be coming to the market to suit the cosmopolitan communities.”