Off Plan Property Turkey: Investment Research
Buying Off Plan Property in Turkey
Turkey Investment Key facts
- Investment Area: Bodrum, Altinkum
- Opportunity: Emerging market offering outstanding value for money. Solid capital growth and rental returns are expected to continue. Best bargains can be found just outside of the most popular areas.
- Rental Potential: Yield - 6-10%
- Finance: Mortgages not currently available to foreign buyers. Indications are that this is set to change soon.
- Political: Parliamentary Democracy - Stable
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
- Stunning beaches and climate make it a very popular and well tested holiday destination.
- Turkish summers are a lot longer than in many other EU destinations, offering more hours of sunshine per year.
- 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 re sales.
- 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.
- Low cost of living, long summers and relaxed lifestyle make it a favourite retirement spot for Europeans.
Economic Factors:
- Stunning beaches and climate make it a very popular and well tested holiday destination.
- Turkish summers are a lot longer than many other EU destinations offering more hours of sunshine per annum.
- Turkey has a huge population of 70+ million. This creates a strong internal property market meaning investors are not reliant on international investors for resale's.
- Turkish population growth is around 2% per annum with 70% of the population younger than 30, this creates a strong local market.
- Low cost of living and long summers make it a favorite retirement spot for the Europeans.
- Life in Turkey is easy and inexpensive
Off-Plan Property in Turkey
It is entirely possible to make some excellent investment choices with Turkish off-plan property at the current time. Fair Deal Investments specialises in helping you pick the correct off plan property in Turkey to generate profit through safe and intelligent property investment using off-plan property as an investment vehicle.
Turkey is a tipped as an area of huge investment growth potential. Most of the investment opportunities we offer in Turkey are using off-plan property projects. Whether it is an off-plan villa, townhouse or apartment you are interested in, buying off-plan allows you the opportunity to purchase at the best possible price and allows maximum capital appreciation.
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.
Property Turkey - Guide to Property Investment in Turkey
Our free Guide to Property investment in Turkey provides you with country information, detailed investment research and other useful information to help you to make an educated decision to buying property in Turkey.
