Holiday Homes and property for sale in Turkey:

There are many different types of property for sale in Turkey. Whether you are an individual buyer looking to buy a cheap property in Turkey or perhaps are looking to purchase a number of properties to rent out within an existing or purpose built development, there will be an investment property in Turkey to suit you. There are also many areas of undeveloped land available for sale throughout Turkey but this is an area that would have to be thoroughly investigated before you considered any financial commitment. Property prices and property sales in Turkey at the moment are equivalent to Spain in the mid 1980’s and is set to become a property hot-spot!

There are 3 main ways you can buy your Turkey property:

This method of purchasing basically means that you can purchase a property in Turkey within a new development after seeing the plans for the build. This is a good way to get a percentage return on your investment. Obviously buying this way you run the risk of experiencing delays and you can never be 100% certain that the villa or apartment you buy from plan will look how you envisaged from the plans. This type of property for sale in Turkey benefits from price increases and high demand – especially in purpose built areas such as Belek – the only golf area in Turkey. It also gives you an increased amount of choice and the chance to buy at discounted prices – a great investment property in Turkey.

It can also be a very profitable and good long term investment to buy property in Turkey to let.  There is an increasing range of apartments and villas throughout the popular resorts of Turkey (and an increasing number in the less popular tourist locations) that facilitate a good level of rental income and also allow you to gain from capital growth at the same time. As tourism continues all year round this also allows you to benefit from a longer ‘renting season,’ and this has increased the amount of property sales in Turkey over the past few years. This method also allows you the flexibility to stay in your own property as and when you desire.

 

Some property for sale in Turkey may require some building or modernising work to be done. When the work has been completed (Turkey has a predominantly cheap labour force) it is almost certain that the value of your property will increase. This will allow you to sell at a profit or perhaps decide to rent your new and improved property and command a higher rental yield. i.e. cheap property in Turkey can help you realise a healthy profit if you have the time, money and resources to invest. 

Circumstances will differ but whether you are an experienced developer or an individual taking your first steps into buying property in Turkey - as with any financial commitment or investment - it is always important to research carefully the areas you are interested in and thoroughly investigate the likelihood of being able to make a return on your investment property in Turkey if that is what you desire.

If you are looking to buy property in Turkey, as with most countries, there is no shortage of agents who will be willing to assist you with your search and advise you of the best ways to enjoy your new holiday home property in Turkey – both socially and financially!

Try before you Buy – Viewing a House Mediterranean Style!

Unless you are buying off plan most people would never buy a holiday home without first having a look at it! For this reason many companies who specialise in property sales in Turkey offer viewing or ‘Inspection Trips’ These trips allow you to visit the area that you are interested in buying a holiday apartment or villa and ‘inspect’ both the property and the surrounding area. These companies are often able to secure highly discounted rates with 5* hotels for the duration of your stay and can usually cater for trips of between 2 and 7 days. These trips often include nights out in the local restaurants which help you to sample to local culture and locality of your potential new holiday home. Some of the more reputable (or maybe persuasive) companies will offer to refund the cost of the ‘Inspection Trip’ as an incentive to you buying your Turkey property.

*Holiday Homes in Turkey Fact: The word ‘turquoise’ comes from ‘Turk’ meaning Turkish and was derived from the colour of the Mediterranean Sea off the southern coast of Turkey *