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Property Turkey
Overview of the Turkish property market
The property market in Turkey has only fairly recently been opened up to foreign buyers and due to this prices are still low compared with say Spain. Prices are going up year on year, so Turkey represents a good investment.
Building standards in Turkey are improving and many Turkish building company's offer ten year guarantees similar to the ones on offer in the rest of Europe. A good choice of property is on offer in Turkish Estate Agents windows from one bedroomed apartments on small complexes which are suitable for holiday accommodation to spectacular modern villas with private swimming pool and gardens. Complex based property has the advantage shared facilities such as swimming pool and 24 hr security where the costs are divided between the occupants.
How much can I expect to pay for my property in Turkey?
A new off plan apartment with one bedroom and a shared swimming pool situated near in Altinkum near to the sea will cost somewhere in the order of £19,500.
A detached Villa in one of the coastal resorts on the fantastic Turquoise Coast such as Fethiye or the neighbouring beach resort at Calis built to a high standard with garden and a private pool can be found for as little as £110,000
Prices further down the coast in Bodrum and surrounding towns are marginally cheaper than the Fethiye region with a good selection of newly built property and second hand property for sale in the local Estate Agents.
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