Why should you invest in Turkish property? You may have extra money due to an inheritance, or a lump sum. There are many explanations for this: they want the flexibility of taking vacations whenever they want. They see rental value in renting the property out while they are not using it. A vacation home is perfect for extended vacations and weekend getaways; it’s the pinnacle of lifestyle investment, and where do most buyers go? The short response is Turkey, so why should you invest in property in Turkey?
Turkish real estate
Turkish property is very appealing because it offers luxurious living at an affordable price, and with the stunning Mediterranean and Aegean coastlines to choose from, who wouldn’t want a vacation home with palm-fringed beaches and sea views? Whatever kind of property you’re searching for, whether it’s a one, two, three, or four bedroom apartment or a private villa, Turkey has it all, and it won’t break the bank.
Property on the beach
If a beach property isn’t for you and you’d rather be in the heart of a city, Turkey has many beautiful cities to choose from. Choose from a studio, one, two, three, or four-bedroom apartment or house in the centre of a busy city, where cafes, bars, restaurants, museums, and art galleries are all right on your doorstep.
The weather in Turkey is fantastic; warm springs, humid summers, balmy autumns, and mild winters make visiting possible at any time. You can always get a tan on the beach in October, and city sightseeing is perfect in the spring, fall, and winter, so you can visit your vacation home whenever you want.
Full-time residence in Turkey
If you want to live in Turkey full-time, you are in for a treat! The cost of living is incredibly low; utility costs, for example, are a fraction of what they would be in the UK. Markets are a lot of fun to go to because you can get all of your fresh produce there, as well as eggs, fish, cheese, olives, bread, olive oil, and so on.
If you are under 65 and live in Turkey as a foreigner, you must have private health insurance, which is excellent and reasonably priced. Dental facilities are also around half the price of what you will pay in the UK. There are no long hospital waiting lists; you can make an appointment and be seen by a consultant in as little as one or two days.
What is the best way to get to Turkey?
Most countries have direct flights to Turkey, which currently has 56 airports spread across all of the big cities, making it easy to travel there from anywhere in the world. Direct flights are available during the season, and during off-peak hours, you can fly into Istanbul and then fly to your desired destination. Travelling around Turkey is simple; major cities have excellent rail connections, and smaller resorts have a local bus service that is reliable and inexpensive. Taxis and rental cars are also accessible at reasonable rates, making them suitable for travellers.
Why should you invest in Turkey?
When Turkey opened its doors to international buyers in 2003, investors saw a lucrative opportunity and invested in critical areas, ensuring excellent rental returns on mostly holiday apartments and villas. They have not been disappointed in the years since, and we are increasingly seeing visitors opting to let a holiday home rather than stay in a hotel. This is good news for the owners since a healthy rental income indicates that their investment is paying off.
There are so many compelling reasons to invest in Turkish real estate that it is difficult to list them all. The nation is vast and diverse, the people are welcoming and polite, and you will quickly feel at ease in this magnificent country.