Turkey is emerging as the current hottest overseas property sector if exhibits at the annual Property Investor Show & OPPLive show in London are anything to go by.

here will be a booming number of Turkish displays at the event, to be held from 14-16 October.

And is all because Turkey has become the property investor’s paradise, according to Volkan Mahmut, Group Sales Director at Route2Turkey.

He added: “The legal system has been revamped, buying costs are more reasonable than ever before and new projects are now at their most affordable.”

New air-routes from across the UK, a rapidly improving infrastructure and its position outside the eurozone all promote Turkey as a top destination for overseas property buyers.

The Turkish banking system is also valued as being one of the strongest and least leveraged in Eastern Europe.

Clare Nessling, Operations Director at specialist mortgage provider Conti, said: “These factors, combined with low interest rates and some bargain property prices, have made Turkey increasingly attractive for UK buyers.”

The Property Investor Show and OPPLive show takes place at London’s Excel centre and includes:

• Property for Finance Professionals (new conference programme)
• Auction Zone - including a live auction at the show on Friday, October 15
• Lodge & Leisure Investment
• Alternative Investments 2010
• Landlord forum
• AIPP Exhibition Zone
• Luxury Real Estate

• Fly to let property owners will be glad to hear the Unite union is to postpone balloting British Airways cabin crew on whether to hold yet more strikes.

The delay is expected to allow union members to consider the latest offer from the airline’s management.

The ballot had been due to start on June 29 but BA said it would withdraw its latest offer if the ballot took place.

“We have agreed to postpone the strike ballot to allow the offer to be consulted on,” said a Unite spokeswoman.

The new offer from BA includes two years of guaranteed rises in basic salary from February 2011 in addition to annual incremental pay increases.

BA, which has already lost £150 million pounds in 2010 from a series of strikes, said it welcomed the union's decision.

“We believe our offer is fair and reasonable and provides a genuine opportunity to end this dispute,” a spokesman said.

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