There are many reasons as to why you should invest in a Turkish property. For a holiday home, investment property or to retire too. You may have additional funds as a result of an inheritance or a lump sum payment. There are many reasons, including the desire to be able to take holidays whenever they want. They perceive the property’s rental value in renting it out while they are not using it. A vacation home is ideal for long holidays and weekend getaways; it’s the pinnacle of lifestyle investment, and most buyers go where? The short answer is Turkey, what is the Turkish real estate market like in 2021?
Real estate in Turkey
With the magnificent Mediterranean and Aegean Turkey coastlines to select from, who wouldn’t desire a vacation home with palm-fringed beaches and sea views? Turkey provides everything you could want in a home, whether it’s a one, two, three, or four-bedroom apartment or a private villa, and it won’t break the bank.
If you want to be in the middle of a city rather than on the beach, Turkey has several beautiful cities to pick from. Choose from a studio, one, two, three, or four-bedroom apartment or house in the heart of a bustling city, complete with cafes, bars, restaurants, museums, and art galleries.
Turkey’s weather is superb; warm springs, humid summers, lovely autumns, and moderate winters allow visitors to visit at any time of year. In October, you can always get a tan on the beach, while spring, fall, and winter are ideal for city sightseeing, so you can visit your holiday property anytime you like.
Residence in Turkey permanently
Your in for a treat if you wish to live in Turkey full-time! The cost of living is meagre; for example, utility prices are a fraction of what they would be in the United Kingdom. Markets are great places to visit since you can acquire all of your fresh fruit, as well as eggs, fish, cheese, olives, bread, and olive oil.
If you are under 65 and a foreigner in Turkey, you must obtain private health insurance, which is excellent and affordable. Dental services are also about half the price of what you’d spend in the United Kingdom. There are no extended hospital waitlists; you may schedule an appointment and visit a consultant in one or two days.
What is the best way to reach Turkey?
Most nations have direct flights to Turkey, which has 56 airports scattered throughout all major cities, making it easy to go there from anywhere on the planet. During the busy season, direct flights are available, while during off-peak hours, you can travel into Istanbul and then to your selected destination. Travelling around Turkey is straightforward; significant cities have great train connections, while smaller resorts have a reliable and economical local bus service. Taxis and rental automobiles are also available for a low price, making them ideal for tourists.
What are the benefits of buying in Turkey?
When Turkey opened its doors to international buyers in 2003, investors spotted a lucrative opportunity and put their money into strategic districts, ensuring great rental returns on essentially vacation flats and villas. In the years following, they have not been disappointed, and we are increasingly seeing guests opting to rent a holiday home rather than stay in a hotel. This is terrific news for the owners since it means their investment is paying off.
There are so many compelling reasons to invest in Turkish real estate that enumerating them all would be impossible. The land is vast and diverse, the people are friendly and courteous, and you will quickly feel at ease in this beautiful country.