Rod Thomas of UK property consultancy Axis Property International said UK investors are turning away from the overpriced Spanish property market and investing in Turkish real estate, which he says, is the 'most exciting and interesting choice' for European real estate investors.

Rod Thomas of UK property consultancy Axis Property International said UK investors are turning away from the overpriced Spanish property market and investing in Turkish real estate, which he says, is the 'most exciting and interesting choice' for European real estate investors.

Thomas is quoted in Turkish online newspaper Zaman as saying the passage of a mortgage law in Turkey has sparked huge interest in the local property market, which he expects to attract increasing numbers of foreign investors. He said Axis is currently looking at projects for 1,500 UK property investors and added that this figure could double once the company releases the results of its research into the Turkish market.