Homes Worldwide

Wednesday
Feb 08th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home Property Property Values In Turkey Up 40%

Property Values In Turkey Up 40%

turkeypropup40Country remains unaffected by the turmoil of the money markets and is a good year-round destination.

With superb summers and winters that are far less harsh than in the UK, Turkey is quickly becoming a sought-after destination for Brits seeking overseas property.


Unaffected by the major turmoil in the money market it is possible to secure a mortgage through a Turkish bank via some UK estate agencies and property prices in the country are still very reasonable.

For example it's possible to buy a brand new two-bedroom apartment on a development for just £58,000.

Property values in Turkey have risen by 40 per cent over the last two years and living costs are up to a third less than you would pay in the UK.

Turkey has superb summers and far less harsh winters than Britain. The coastline is beautiful with clear blue, clean waters and there is skiing in the Taurus Mountains and golfing available year-round. With major flight carriers into the airports there is a choice of airlines and a number of low-cost opportunities.

If you invest in a buy-to-let property here you are not just restricted to the summer season because after the beach crowds have packed up their towels you can enjoy year-round golf or skiing for up to five months of the year.

Belek Golf Villas and Apartments are in a complex next to the National Golf Course (twice a venue for PGA Seniors, it also hosted the Turkish Open and Ladies European during 2008) in Belek. Two-bedroom apartments start from €199,000.

Golfers who purchases here will receive a set of clubs plus 15 rounds free. The development also has a putting course, large communal swimming pool, children’s pool, playground, tennis court, mini market, restaurant and a private boat service to the beach just five minutes away. There is also a fitness centre with sauna, steam room and indoor swimming pool, so plenty to secure good rental returns year-round.

If you prefer skiing then the Taurus Mountains beckon. At Augustus Village and Country Club apartments start at just £58,000.

The development offers a myriad of facilities including gym, café, poolside bar, restaurants, shops, tennis courts, golf pitching and driving range, indoor swimming pool and spa.

“There are a choice of resorts and skiing is an option for around five months of the year”, says Robert Nixon, operations director UK for real estate company Nirvana International. “Turkey really does have a great deal to offer including rising property values market and an excellent low starting price for purchasers making their first step in the overseas market”.

 

Homes Worldwide

Hot Topics

 

South Africa Finding a Home

Whether you’re looking to rent or buy, South Africa has a wide range of attractive prope...

 

Living in Australia Facts you should know

 

Surviving Crunch Time - Portugese Mortgage Buying