Why buy property in alacati Turkey
The real estate market in Alacati has in very recent years has soon a boom, the secret destination is becoming known to the tourist industry, for its tradition and beauty, therefore, investors have recently zoned in on the area, some purchasing some wonderful ancient stone houses and restoring them to their former glory. New property in the area is extremely popular, many built in the same traditional style, in keeping with the area's history.
As the resort continues to grow in popularity house prices and rental prices will inevitably increase to meet the demand, making Alacati a real estate hot spot providing excellent capital appreciation for long-term investments and very high rental potential too as the area is slowly giving competition to other upmarket areas such as Yalikavak in Bodrum, Gocek in Fethiye, and nearby Cesme. Now really is the time to buy in Alacati to capitalise on investment in Turkey.
Investment property for sale in Alacati
Alacati is found on the Cesme peninsula, located on the western coastline of Turkey. It was once solely famous for its windmills, constantly turning in the sea breezes and its stunning authentic architecture of traditional old stone houses with brightly coloured wooden doors and window shutters similar to the houses in the nearby Greek islands.
Mostly unknown outside of Turkey, though a popular holiday destination for Turkish people including some national TV celebrities who come to relax in what is often called the secret seaside town of Turkey.
Alacati has also become a paradise for wind surfers and kite surfers, with over 330 windy days and warm shallow water’s, making it the perfect place for the sports, with numerous surf schools opening in the area, and for several years Alacati has held the Pegasus Airlines PWA surfing world cup with competitors from around the world.
The winds, that the pretty bay of Alacati enjoys is also another attraction of the area, keeping the temperatures slightly cooler than other holiday destinations, always welcome in the soaring heat of the high season sun. The ancient Greek town of Ephesus, is another attraction, an excellent organised to the ruins is a must, one of the best preserved ancient sites in the western world that draws 1000’s of visitors every day.
Real estate in Alacati
Property in the area tends to be owned by up-market and chic Turkish people as second homes for their summer vacations, and up until a few years ago they were snapping up some of the traditional old stone houses, many of which have now been delicately restored to their former glory keeping as many as the original features as possible. Since then a number of new luxury houses have been developed, in keeping with the traditional homes with stonework features and wooden shutters.
With Alacati growing in popularity and becoming a close rival to the cosmopolitan town of Bodrum with its yacht marina, the famous Alacati Port development also attracting the elite from the yachting scene, the area is now becoming a real estate hot spot and an ideal area for property investment.
Accommodation in Alacati, Turkey
Apartments in Alacati are a rarity, therefore most accommodation for sale in Alacati is of a traditional style in keeping with the area’s history, therefore Alacati property for sale tends to be villas, either old and in need of restoration, or new properties built with a similar architectural design as their historical counter parts.
Why Buy Property in Alacati, Turkey?
A 3 bedroom villa will command price tags in the region of £200,000 and with prices expected to rise in the future as Alacati becomes more popular, this is a perfect time to invest in property in Alacati, as property will command high rental yields and capital appreciation will soon begin to show.
Year round living in Alacati is also slowly becoming more popular, with its close proximity to Cesme, just a few minutes away which has a host of everyday amenities, and the huge city of Izmir just one hour away by car, making Alacati perfect for a laid back lifestyle by the sea.
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