Turkey the country that we love to visit, country that we love to invest but what are those most popular places to invest in Turkey? If you wonder and wanna know about invest in Turkey, Than click here for more info
However official land records of Turkey show four areas to be the most popular for property purchases, not just by Turks but also foreigners eager to take advantage of the current situation where they can buy property for as much as half the price of their home country. The reason being is Turkey was considerably late to promote and strengthen its property market so prices are still low when compared with western countries.
ISTANBUL: TURKEY’S BIGGEST CITY
Foreign property purchasers include Arabs, Americans and Europeans who are attracted by Istanbul’s historical timeline of influence by various cultures. Of course, the country’s busiest airport close by is another reason with hundreds of flights taking off daily from Ataturk International airport to countries all around the world.
Then there is the diversity. Unlimited amount of choices exists for food, cuisine, shopping, art, entertainment and lifestyle so as long as you know where to buy it, every need, and want is easily catered for. The last population count of Istanbul was 14 million people and it looks set to climb therefore setting in place a firm trend for new and modern property. Renovation and restoration projects are also in high demand and an abundance of land on the surrounding outskirts ensures the demand can be fulfilled.
BODRUM: HUB OF THE TURKISH RIVIERA
Resorts like Yalikavak and Turgutreis attract middle-stream European buyers while Turkbuku is a luxury resort capturing the attention of wealthy Turks and rich celebrities from the big cities. Bodrum is also a centre for the Turkish Riviera, Blue Voyage cruise industry that instantly raises its status as an international hub for business, lifestyle, and tourism.
ANTALYA: WHERE FOREIGN NATIONALITIES BLEND
As the second most popular holiday destination in Turkey, Antalya operates one of the busiest airports in the country and is popular with many nationalities including Germans, Russians, brits, and Turks. The peninsula breaks down into smaller resorts each with their own unique personality and character.
While the town centre attracts property buyers with an abundance of shopping malls and a good transport network, the historical village of Side still maintains its fishing roots vibes. Belek has emerged internationally as the golfing capital of Turkey while Kemer focuses on all-inclusive and beachfront hotels.
Once again, due to Antalya’s strength in the tourism market, property investors are especially interested in the region for its potential of buy to let real estate. Specialist companies deal with property management for foreign buyers who only spend a small amount of time in the country while many Turks own two homes and rely on the rental of the second for an income.