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Europe Real Estate Directory
Investment Property in Turkey
This section will assist you in gaining the best returns on your investment in Turkey. You can join IPIN FREE and view advice as well as select Turkey property investment opportunities.
 
Imminent changes to the law in Turkey regarding mortgages means that the demand for Turkish property is set to rise dramatically. People investing now can gear existing equity to take advantage of the low level prices offerred by developers before the property buying boom begins.
 

With a steady increase in annual tourism , Turkey is experiencing an unprecedented level of international exposure and this is, in turn is creating more tourist interest and increasing demand for Turkish property. The value of Turkish property is expected to appreciate in beach front areas by as much as 50% initially, with forecasts forthe next two to three years reaching 100%. When the Turkish law changes to allow mortgage facilities to become more widely available, property prices are expected to continue to rise accordingly.

The area around Dalaman is particularly popular amongst Turkey Property investors as the Turkish government is improving the tourism infrastructure in an attempt tomake this area one of Turkey’s top tourist attractions. This investment includes the expansion of Dalaman airport, the building of three marinas and the area’s first golf course. As this investment programme is only in its early stages, property prices have not yet reacted. This is certainly an area of great potential to property investors.

Property in Turkey is highly attractive to international property investors who can see good potential for solid return on investment.

In a location such as Turkey, with stunning natural assets, and imminent membership of the EU, the country has generated much interest. EU membership traditionally generates large increases in property values and investors are keen to buy property in the prime locations whilst prices are still low.

With the huge growth in tourism and already 25 million visitors per annum (up from 14 million in 2004) "Buy to Let" investors in Turkey enjoy huge rental demand for accommodation and this demand is set to grow.

You can find out more about Turkey property investment in our Investment Section. The IPIN (International Property Investment Network) selects property investment opportunities in Turkey and makes them available to all members.

Reasons why property in Turkey is a good investment

  • Turkey is just entering the EU process which means there remains another 5-10 years of European investor interest in property.
  • Turkey is just at the beginning of a property boom.
  • Turkish economy is very strong with 6.1% GDP growth in 2006.
  • Stunning beaches and climate make it a very popular holiday destination.
  • You can still find excellent front-line properties for excellent value for money with high capital growth potential.
  • Turkish summers are a lot longer than in many other EU destinations, offering more hours of sunshine per annum.
  • Turkey has a huge population of 70+ million. This creates a strong internal property market meaning investors are not reliant on international investors for re-sales.
  • Turkish population growth is around 2% per annum with 70% of the population younger than 30, this creates a strong local market.
  • Over 25 million tourists visit Turkey each year boosting the property market and creating strong "buy to let" possibilities.
  • Low cost of living and long summers make it a favorite retirement spot for the Europeans.
  • Huge golf tourism evolving in Antalya which will increase the value of any investment Turkey offers a modern infrastructure.
  • Turkey is considered to be a highly dynamic country by the World Trade Organisation.
  • Land prices are on the increase while the property market evolves.
  • No capital gains tax after 4 years.

Homebuyers in Turkey

It's not just property investors who are showing a strong interest in Turkish property at the current time. Due to the low cost of living and beautiful natural resources Turkey is also an appealing location for second homes and even a hotspot for relocation.

Many people are leaving the so called "rat race" of the major cities around the World and moving to Turkey. The weather also makes Turkey and property in Turkey a popular retirement destination.

Turkey Property Hotspots

THe most popular searches for Turkey property are for Bodrum property, Dalaman property, Gocek property and Fethiye property. Many people are also now searching for Alanya property and Antalaya property.

Karakata Real Estate
Address : Osmanağa Mahallesi Pavlonya Sokak Nuhoğlu İş Merkezi No:10 Kadıköy - İstanbul
Phone : +90 216 700 14 28 / +90 536 319 93 28 Fax : +90 216 700 14 28 E-Mail : info@karakataproperties.com

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