One of the friendliest and most beautiful places on earth Turkey is loved for its stunning coastlines, glorious weather and affordable property prices.
Although predominantly Muslim, it is a firmly secular state where you can soak up the atmosphere over a chilled glass of wine or cold beer.
The most popular property hot spots include Istanbul for its city living, Bodrum for a cool celebrity hang out, Yalikavak Marina for its Billionaire Club lifestyle, Fethiye for exceptional value for money, Antalya for glorious beaches and Belek for its outstanding golf resorts.
In terms of investment potential, new airlines offering direct flights to Turkey throughout the year has made the property market one of the most attractive around for those looking for a holiday home as well as buy-to-let investors and ex-pats.
A number of airlines have direct flights to the most popular areas of Turkey and you can find a range of flights from: British Airways, easyJet, Jet2, Turkish Airlines and Pegasus Airlines.
In fact figures from the Turkish Statistical Institute (TÜİK), show that property sales in Turkey rose 42.7% year-on-year. Buyers come from all over the world and as well as being one of the most popular places for Brits, Turkey is viewed as a safe investment for buyers from the Middle East and Russia.
Those looking to retire to the sun can enjoy inexpensive day-to-day living and residents can earn interest of between eight and nine percent from local Turkish savings account.
Turkey is now firmly on the luxury lifestyle map. It attracts supermodels such as Kate Moss, Hollywood actors and those after the abundance of high-end, designer shopping and premium hotels that make Turkey popular with wealthy travellers.
For many people, buying a home overseas is simply a dream, but by choosing to buy in Turkey, you can turn that dream into a reality with property prices starting from as little as £50,000. Whether you are buying for lifestyle or investment, there will be a home in Turkey to suit every buyer.
At a glance
- Istanbul property prices are rising by around 20% year on year.
- House-builders’ stats show that new-build sales reached a record 52,598, up 40.1% year-on-year.
- Turkey boasts a strong economy and low mortgage rates.
- The demand for mortgages has almost doubled from the previous year.
- Foreign demand is up 14.7% annually, largely boosted by increased Middle Eastern interest.
- Expanding infrastructure and innovative projects have led to widespread media interest.
- The European Commission, Spring Economic Forecast, predicted that Turkey would see GDP rise 0.3% in 2015, placing it ahead of 24 EU member states. For 2016, the predictions are that there will be another 0.5% rise to 3.7%.
- According to the Ministry of Culture and Tourism figures, there is a 5.5% annual rise in Turkish tourism.
Tolga Ertukel, Founder of Turkey Homes says: “The ports in Turkey offer fantastic sailing opportunities for keen yachtsmen and women. More than 8,000 kilometres of coastline provide river rafting, scuba diving, sea kayaking and pretty much any watersport you want to try, with a backdrop of stunning views.”