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Why Invest in Turkey?
Turkey is an attractive investment to purchasers looking to catch an emerging market from the start while Turkey is on the verge of becoming a mainstream international holiday destination. With EU inclusion possible well within the next ten years, Turkey represents strong investment potential, particularly for Buy-to-Let strategies.
Natural and Cultural Factors
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Stunning beaches and climate make it a very popular and well tested holiday destination.
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Turkish summers are a lot longer than in many other EU destinations, offering more hours of sunshine per year.
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Turkey has a huge population of 70+ million. This creates a strong internal property market so that investors are not completely reliant on international investors for resales.
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Turkish population growth is around 2% per annum with 70% of the population younger than 30 years of age. This creates a strong local market.
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Low cost of living, long summers and relaxed lifestyle make it a favourite retirement spot for Europeans.
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Economic Factors:
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Stunning beaches and climate make it a very popular and well tested holiday destination.
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Turkey has a huge population of 70+ million. This creates a strong internal property market meaning investors are not reliant on international investors for resales.Turkish population growth is around 2% per annum with 70% of the population younger than 30 which creates a strong local market.
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Low cost of living and long summers make it a favourite retirement spot for the Europeans.
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Life in Turkey is easy and inexpensive
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Summary
Turkey is one of the brightest property investment hot-spots in the emerging overseas property market today and promises a bright future. Property prices are expected to rise if Turkey joins the EU as forecasted. The property market is in its initial stages of development, similar to Spain 5-10 years ago, and value for money is currently excellent. Certain areas, such as Istanbul, Dalaman, Antalya and beach-front properties are expected to see the greatest yields in the near future.