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Yalova was a district of Istanbul until 1995, when it became a province of its own. Sitting on the eastern coast of the Marmara Sea, in northwestern Turkey, famous for its healing hot springs, and local skiing resorts both attracting visitors in all seasons.
Mustafa Kemal Ataturk, the founder of Modern Turkey, lived in the city in his final years and once said in one of his famous speeches 'Yalova is my city'. A great honour for the city, his home 'Yalova Ataturk Mansion' is now a much-visited tourist attraction.
Yalova is a thriving area for tourism with its beautiful beaches and blues seas adding to its attraction, property prices are steadily starting to rise as overseas buyers are seeing the potential and moving in to invest in some of the fantastic new developments in the area.
Yalova has a host of international branded stores for your shopping needs, though it’s far from the shopping facilities located in nearby Bursa and Istanbul, if you really want to ‘shop till you drop’ it’s definitely worth the trip to the either of these two other cities which offer large shopping malls, however as Yalova is a growing city, shopping malls will become part of the city’s future, as its population continues to grow.
Real Estate in Yalova
Anyone looking to buy property in Yalova, Turkey will benefit from value for money, as property prices are still considerably lower than nearby Istanbul which is only an hour’s drive away, where property prices are more than double that of Yalova, though you wouldn’t get a stunning seaside location in Istanbul as you do in this stunning area.
Modern luxury apartment accommodation for sale in Yalova start at around £45,000 and will most likely have stunning views across the Marmara Sea and large villas with excellent seaside locations can be picked up for around £250,000
Yalova property for sale offers buyers excellent investment opportunities, as Yalova is a growing city real estate prices are slowly rising year on year, and the trend is set to continue for the years to come, with an educated population which will eventually lead to high paid jobs and more people searching for property in Yalova.
Overseas buyers have already begun to purchase in the area, second homes, holiday homes or for investment purposes, with growing tourist numbers throughout the year , those visiting for the history, thermal spa’s, nearby ski resorts, or simply a relaxing summer holiday by the sea. All this means that accommodation in Yalova, Turkey offers investors an all year round rental income and with the year on year price increases capital appreciation is also another important factor for long term investments in the area.