Turkey Homes Blogs

Despite recent economic woes, tourist spending levels and investment in real estate in Turkey is surging ahead thanks to favourable exchange rates. The weak value of the Turkish lira against the US dollar is ensuring retailers, developers and Turkish estate agents are enjoying increased sales to foreigners.

The area’s recent facelift, alongside a wave of new facilities including Şehit Fethi Bey Park are ensuring this former sleepy resort is fast becoming one of the most sought after locations in Fethiye.

Staying true to form, Antalya rocked in as one of the most popular destinations, with many nationalities including Middle Eastern and European looking to cash in on competitive prices.

Since 2012, Istanbul property values in many areas have almost doubled. Apartments in Istanbul originally sold for as little as GBP 50,000, now achieve nearer GBP 100,000 and this trend is continuing.

International property buyers with a budget of 100k GBP or less would do well to look at the Turkish real estate market. As testament to its popularity abroad, in 2017, foreigners of 72 different nationalities bought just over 22,000 homes

Akkaya Valley is often referred to as the 'hidden' or 'secret valley'. It is a captivating location and remarkably untouched given its close proximity to the popular resort of Dalyan (25 km) and Dalaman International Airport (15 km).

It's hard not to fall in love with Bodrum. Lying on the sun-drenched shores of the Aegean, Bodrum’s historic charm and alluring array of peninsular resorts offers the ideal mix of the traditional and the contemporary.

As well as being a top summer destination for sun, sea, sand and self-indulgent nightlife, the pleasure-seeking atmosphere has pushed Bodrum’s luxury real estate market into the eyesight of many wealthy and famous people all around the world.

The revival of interest in Bodrum, especially over the last 7 years, sees both Turks and foreigners flocking to the region. They see an area with mass future potential but what is driving this renewed interest and why are people choosing Bodrum as an ideal location for investment?

The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. What exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so.

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