Investment Property in Bursa, Turkey
Bursa is located in northern Turkey, a large city with an excellent modern approach playing a huge role in Turkey's economy with two of the main industries being textiles and the car production industry. Bursa is also Turkey’s second largest export area next to neighbouring Istanbul which sits on the opposite shores of the Marmara Sea easily accessible by the regular car and passenger ferry services.
The city also has a growing affluent population of well-educated citizens, all this making Bursa a hotspot for property investment for the foreseeable future.
Who Buys Property in Bursa?
Apart from Turkish citizens, the main owners of real estate in Bursa are from the Arab countries, who tend to know a good real estate investment when they see one, often buying second homes, holiday homes, or buy-to-let investment properties, and have infused Bursa with millions of $’s over the past few years.
Arabs tend to prefer Turkey to other western areas, mainly because it is a predominantly Muslim country, in which they feel more comfortable and relaxed. Another reason Arabs choose this area is because accommodation for sale In Bursa is often considerably cheaper than in Istanbul, another popular area for Arabs.
Why Buy Property in Bursa, Turkey?
With Bursa’s strong economic growth and affluent population, Bursa, like Istanbul, is an excellent area for property investment, not only does it offer long term rental potential, it also offers short term holiday rentals all year round, being located at the foot of the Uludag mountain which hosts one of Turkeys popular winter skiing resorts, and also very close to the popular seaside resorts if Mudanya and Yalova, short term rentals are also great in the Mudanya and Yalova areas as many people come to visit the spa centres in the area for health reasons.
Bursa Accessibility
Accessing Bursa is easy, it has its own airport with many domestic and international flights, as said above Istanbul is easily reached by the ferry’s, and the excellent road network in Bursa also links you to all of the south coast holiday destinations, such as Fethiye, Bodrum and Antalya, with regular bus services running every day from Bursa’s national bus station.
Property Types
Accommodation in Bursa, Turkey comes in all shapes and sizes varying from old to new, as Bursa was one of the first Ottoman settlements and you still find some stunning Yali mansions along the shores of the Marmara Sea with huge price tags should they appear in the market.
Central Bursa property for sale offers many modern apartment complexes, often with huge plots hosting an array of on-site facilities or smaller boutique style complexes for a more elite style of living. Luxury villas can also be found in central areas all depending on your lifestyle requirements and budgets. A modern 2 bedroom luxury apartment can be purchased in the region of $70,000 and large private detached homes can be found for around $300,000, search for these types of properties in Istanbul and you can expect to see prices more than double than Bursa.
Turkey Homes will guide you to your ideal Bursa property, taking into consideration, your lifestyle requirements and available budget.
Bursa
