Turkey 2017
Turkey has a real place in our hearts, as it does with many others. With vibrant cityscapes, towering mountains and bejewelled coastlines, we love this magnificent country.
Turkey has always been an attractive investment proposition for many reasons: its climate, its food, its scenery, but, last year, the market cooled slightly. 2016 was a relatively difficult year for many places globally, but we are starting to see confidence return to the Turkish property market in 2017.
It’s not just us saying that, as a leading Turkey real estate company, but tour operators are reporting increased numbers too - Thomas Cook, Thomson, Jet holidays all affirm this pattern, as well as increasing interest from Scandinavia and Russia.
Why?
Read on …
Antalya
Antalya is one of the most sought-after regions of Turkey, and has a sumptuous coastline, with a world-renowned reputation and investment opportunities ranging from budget to luxury. Probably one of the largest factors in its 2017 growth has been the introduction of direct flights from Moscow to Antalya.
With a temperature often 25 degrees higher than Moscow, yet within only a two hour flight, Antalya has a bright present and a glowing future, as we have written about before. It’s not just Russians flocking to the region either for sun - there’s another compelling reason: Golf!
60 million people play golf regularly, or in other words, a similar number to the population of the UK alone. Antalya has some of the best golf courses in the world, described on Trip Advisor as “an absolute joy for any golfer.”
In 2017, we are seeing property sales accelerate in Antalya, as we cover the entire Antalya region, with stunning apartments for sale from Antalya City, close to beaches, to Belek Golfing resort where we also provide rental and property assistance via our in-house Belek offices.
It’s not just Antalya seeing investors return this year.
Bodrum is resurgent too.
Bodrum
“Istanbul is the place to do business, Bodrum is the place to do pleasure for the elite” was how we described Bodrum in a post we published in February 2017 and we stand by this assertion. Bodrum is an area we love: with its nightlife, fine restaurants and amazing sea views across to the Greek islands.
It’s incredibly affordable too, with 2017 seeing demand rising for properties, ranging from GBP 80,000 for modern Bodrum apartments for sale with stunning sea views and from GBP 200,000, for a detached Bodrum villa with its own private pool.
It’s Turkey’s answer to St Tropez, with its harbour, designer shops, luxury yacht, but without that price tag.
Fethiye
Loved by UK holidaymakers and investors, Fethiye has the Blue Lagoon, superb coastal resorts like Gocek, Ovacik as well as traditional Ottoman villages like Uzumlu.
Even more affordable than Bodrum and Antalya, with beautiful apartments priced between GBP 60,000 for a fully-furnished 2 bedroomed apartment, with private Fethiye villas for sale available from just GBP 100,000.
Again, we are seeing increased demand in Fethiye this year.
Istanbul
With 42% price growth between 2011 and 2016, Istanbul is still a lucrative investment metropolis with it attracting increasing investment from neighbouring countries like Iraq and Iran, but also Saudi Arabia, Qatar, the UAE and Kuwait. There’s a diverse mix of property in Istanbul, which we have written about.
Istanbul has everything for the visitor and investor alike: sightseeing, shopping, dining, indulging and you can read more about the city in our Istanbul Area Guide. Istanbul is as buoyant this year as in previous years.
So what are you waiting for?
Turkey offers everything: rugged terrains, turquoise seas and flawless beaches, fantastic food, and a climate that will appeal to everyone. If you want to know more about why we love Turkey, please contact us.
Dalyan
