Investment in Side Turkey
The coastal areas of Turkey, in particular, have become a hot destination for buyers from many countries in the last few years. Are you looking for a place to relax on holiday, a place to retire or possibly a place to invest your hard earned money...
Here are just a few of the reasons why Turkey could be the place for you.
CAPITAL GROWTH
Property in Turkey has seen a massive growth in the past few years - 15-20%, more in some areas and still remains one of the most attractive emerging markets in europe. The real estate prices, especially in coastal areas are likely to continue rising, making Turkey a sound economic choice for property investment.
AFFORDABLE PROPERTIES
In Turkey ,properties still offer great value for money, yet quality is not compromised,from Apartments to Villas. Like Spain 30 years ago, Turkeys low property prices are attracting more than just holiday makers, people are now lining up to buy property
COST OF LIVING
As the cost of living is so reasonable, more and more people are choosing to live here permanently, with savings and pensions going much further. Eating out in Turkey is incredibly cheap, be sure to go to the restaurants frequented by locals - these are much cheaper. Modern supermarkets are commonplace, however it is far more reasonable - and fun-shopping for locally produced fruit and vegetable. As Turkey has a massive manufacturing base, everyday household goods and clothing can be purchased relatively cheaply.
EASY TRAVEL
Antalya airport is one of the few airports in Turkey where you can get direct flights all year round and as more and more flight companies are flying to Antalya, this is driving flight prices down. Southern Turkey has a good road network which means getting from place to place is easy. All in all this means that its easy for investors to have access to their investment.
CRIME RATE
Serious crime and crime against property is low in Turkey, meaning that your investment is safe and secure.
CLIMATE
One of the most important factors when choosing where to invest. Turkey has over 300 days of sunshine per year and over 1.500 kilometres of coastline on the Mediterranean. The average temperature in Summer is 30-40° C and in winter above 10° C. Winters are short. It can rain between November and February.
RENTAL POTENTIAL
The Mediterranean coast attracts tourists in bother the Summer and in the Winter. The main holiday season runs from April until late October, therefore the potential to rent your newly aquired property is fantastic. Location of your property is extremely important. Please see our sister site http://www.sidelet.com/ for more details on renting.
"Investment Prospects in Turkey
With a unique position at the crossroads of different cultures, an improving economy and some 8,000 km of coastline, Turkey could become as popular with buy-to-let investors as it is with tourists. Dimitri J Zlatarev, strategist at IAP, assesses the country’s prospects." Source: http://www.insidetrack.eu.com/
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