Property Turkey News Updates
Stay tuned to our
property Turkey news briefs and global property hotspots pages. With property prices currently a fraction of those in other Mediterranean resorts such as the Costa del Sol, and an annual influx of over 20 million visitors, Turkey is frequently tipped as one of the most dynamic emerging property markets in Europe.
Fair Deal Turkey provides essential information on buying property in Turkey and is packed with research, background information and reports on economic and tourist factors influencing property investment in various property hotspots in Turkey.
Turkey Property Investment Market Outlook 2009
Property markets throughout the world have shown a synchronisation of boom periods with price growth reaching its highest ever rate over the past decade.
However, the recent slowdown in the property investment market due to the credit crunch, and over development in some areas, means that property investors must be more cautious and even more diligent with their research.
Turkey has experienced some radical economic changes over the last decade. This is mainly due to Turkey's ambition to join the European Union (EU) and the many conditions attached to this. Turkey has embraced The Free Market and there is no longer restriction on overseas ownership of Turkish property. International property investors have recognised for some time now the property market in Turkey as a lucrative property hotspot because of the impending economic growth and infrastructure investment associated with the EU membership application.
Property prices in Turkey are very competitive and all indications show that Turkish property will appreciate rapidly with the introduction of more flights, mortgages as well as a more mature EU application.
A Property Boom Which Will Last
Initially the interest in Turkish property has centered on the Aegean and Mediterranean coastline, mainly because of its extensive transport network and demand for holiday housing. This has resulted in the first Turkish property boom. Most experts are predicting a boom for property in Turkey which could last between 5 and 10 years.
Expanding Local Property Demand & Buy to Let Investment Opportunities
Property investors are keen to capitalise on the expected boom while property is still cheap, suggesting that this is a prime time to buy a property in Turkey. There is no discernible slow down on the horizon, due to the ever-increasing tourism market, the need for Turkish buy to let properties and the burgeoning domestic
market in search of holiday properties.
Turkey is a very unique market. It has so much to offer the overseas property investor at this moment in time that it is becoming ultra popular with buyers looking for a new market in which to generate substantial return on initial investment. Normally emerging markets can present a high level of risk to an investor who purchases property with the view of using a "buy to let" investment model as they are relying on the growth of tourism to provide a constant stream of visitors wishing to rent their property.
Popular Holiday Destination
Overseas home buyers and property investors are increasingly interested in buying property in Turkey particularly along the southern and western coast. Turkey has become a popular holiday destination with its immense unspoiled coastline and Mediterranean climate, which offers all-year-round sunshine.
The growing influx of tourists makes the Turkish buy to let property investment market a serious contender for medium term investments. Buying property in Turkey is also an excellent long term investment baring in mind that Turkey has now a realistic chance of becoming a member of the EU within the next 10 years. Turkey is one of the fastest growing emerging markets in the world.
Tourist & Property Hotspots
The most sought after locations for Turkish homes and investment opportunities are for Bodrum property, Dalaman property, Gocek property and property in Fethiye. Up and coming Turkish property hotspots are for Alanya and Antalaya
- Kusadasi: Up-and-coming harbour town, near Izmir airport.
- Bodrum: Great nightlife, close to smaller resorts.
- Altinkum: Beautiful beaches, close to Bodrum airport.
- Alanya: Big expat community, good beaches.
- Kalkan: Attractive friendly resort, growing rapidly.
- Dalaman: near airport, plans for golf and leisure resorts.
Mortgages in Turkey
Property investors that have already bought property in Turkey are keenly awaiting further news on the law change on Turkish mortgages as once the law is passed the value of Turkish property is expect to appreciate in beach front areas by as much as 50% initially, with forecasts for the next two to three years reaching 100%.
Buying Turkish Investment Property
Buying investment property in Turkey and elsewhere abroad has become very popular over the last decade mainly because different markets cater specifically for the requirements of international property investors and holiday home buyers.
Fair Deal Investments only offer secure property investment opportunities.
All investment property we recommend have passed strict due diligence procedures and has the potential to offer a higher than average return on investment.
Fair Deal Investments has a policy of recommending only those projects where that will give holiday home buyers a 'fair' return on their property investment. Your decision to where and what type of Turkish property you buy should be based on capital appreciation, economic growth of the region / area in Turkey and other economic & investment factors. By providing you this information we trust that we have shown you our commitment to the quality our selected off plan & investment projects.
FDI - Investment Property Newsletter
Whether you are interested in capital growth or rental income, it is important to decide on the most profitable geographical areas and property types for your property investment portfolio.
Our monthly investment property newsletter is packed with real estate related investment advice, information, insights, ideas and latest news for people interested in buying a property abroad as a holiday home or simply to make money through property investment. Click here for more information.
Global Property Investment Network
The Fair Deal Global Property Investment Network is highly regarded for providing advice and background information to buyers of Turkish investment property. In addition, our clients have access to advice and research on investment properties in Turkey from our product experts.
Our mission is to identify the most lucrative opportunities currently available in Turkey. Our investment property researchers are constantly monitoring the investment property market in Turkey and are in regular contact with developers and promoters in Turkey and across the world.
Property Turkey: Due Diligence
All property in Turkey, be it for investment purposes or as a second / holiday home, that we recommend have passed strict due diligence procedures. Our country and investment reports are packed with properly researched, up-to-the-minute professional advice on the very latest Turkish property investment options available.
See also our 'Books on Turkey Investment Property' page.
FDI - Property Investment Newsletter
Our monthly investment property newsletter is packed with real estate related investment advice, information, insights, ideas and latest news for people interested in buying a property in Turkey as a holiday home or simply to make money through property investment.
Property Investment News for Turkey
Visit our Turkey property news section for the latest news on real estate and property investment in Turkey! Our news pages will keep you informed about the latest Turkish property investment and real estate news.
