Select a City in Turkey

 Why invest in Turkey:

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.

Turkey attracts around 27 million visitors every year and has become the third most popular tourist destination in Europe - "Buy to Let" investors in Turkey enjoy huge rental demand for accommodation and this demand is set to grow.

With its status as a tourist haven already secured, Brits should rest assured that they can't go far wrong when investing in Turkish property - and many of us have already decided to do just that, with Turkey being the fifth most popular global destination for UK property investors.

The most popular spots for tourism and property purchase are along the Aegean and Mediterranean coasts and over the past eighteen months, the number of Britons owning property in Turkey has jumped by more than 200%. It is now possible for foreigners to obtain a local mortgage, further encouraging this emerging market.

A recent poll by a well-known international property investment magazine placed Turkey as the best place in the world to buy property - while a recent survey carried out by Channel 4 programme A Place in the Sun identified the country as the best in the world for affordable, high-earning growth. In recent times, property prices along the Turkish Riviera have been increasing at two per cent per month - while the market in some regions of the country has risen by as much as 40 per cent per year on occasion. 

Now is the perfect time for an investor to purchase a Turkish home - as they could simply sit on their new property and wait until accession to the EU is finalised and the inevitable boost in house prices occurs.

• 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 favourite 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.