Why buy property in istanbul Turkey
When considering a property purchase in the wonderful city of Istanbul, firstly you need to decide why you are buying and your budget, Is it for pure investment for capital appreciation or rental yields? or is it a lifestyle change or holiday home for you and your family?
Istanbul is like any other major city in the world, city centre and sea view properties come with a premium price tag, quite often with six-figure tags.
Scores of overseas investors have zoned in on the city over recent years purchasing properties all across the city, cashing in on both short and long term rentals. Keen-eyed investors are buying off plan properties at launch prices where property prices increase by at least 50% by the completion dates giving you guaranteed capital appreciation in very short space of time.
The are you choose is a very important factor along with your budget, home buyers with a high budget can purchase luxury Bosphorus properties, though low budget buyers should be looking in the new fashionable inner city areas of Beylikduzu, Esenyurt west of Ataturk International airport.
Property for sale in ISTANBUL Turkey
Kayakoy, also known as Fethiye's Ghost Village is located in a valley approximately 8km south of the busy harbour town of Fethiye in southwestern Turkey.
The village is awash with wonderful history and local culture, a place where the Greeks lived quite happily with the Turkish people in traditional Greek style houses set on a small mountain, until in 1922 the Greeks left to head back to Greece. Today their homes, school and churches still stand untouched as ruins, visited by hundreds of tourists everyday throughout the year. Taking a stroll around the beautiful village you will also stumble upon other ruins hidden away on the hillsides again completely forgotten.
Accommodation in Kayakoy , Turkey is a mix of traditional stone houses with some new luxury villas built in a similar traditional style from natural materials, usually with quite large plots of farm-like land surrounded by small farms and mountains clad with pine trees.
As Kayakoy is located in the mountains, there is no beach many tend to head off the famous Oludeniz beach or down to the quieter Gemiler beach a more sublime place to visit, however in the summer it does get quite busy with locals at the weekend.
Real Estate in Kayakoy
With very strict building regulations in place Kayakoy property for sale is nearly always resale properties full of charm and tradition built from stone which is all in keeping with the local history, and are often very secluded either on the surrounding hillsides or with high stone walls offering owners or guests lots of privacy from prying eyes.
Accommodation for sale in Kayakoy is likely to be offered with a high price tag, however, anyone looking to buy property in Kayakoy, Turkey on a lower budget you may be able to find a rundown old stone house in the village in need of renovation at a bargain price but it is always best to check the regulations before you sign on the dotted line as your plans may not fit within the rules.
Turkey Homes will guide you to your ideal property in Kayakoy, taking into consideration your lifestyle requirements and budget.