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Investment Property Turkey. Latest property investments in Turkey

Investment property in TurkeyInvestment property Turkey is not only appealing to those looking for a high return, but due to the low cost of living, diversity of the country and friendliness of the people, Turkey is also an excellent location for holiday homes or relocation.

Property experts recommend Turkey as an excellent place to buy with so many factors currently fuelling growth. The most popular spots for tourism and property purchase being along the Aegean and Mediterranean coasts, as opposed to the Black Sea coast which does not have such a favourable climate and a shorter summer season. As prices in European countries increase often dramatically, property investment in Turkey becomes  advantageous to buyers as it still offers Mediterreanean property at bargain prices.

The Financial Times recently voted Turkey into the top 10 investments for 2009 and Assetz lists it as one of the best investment opportunities for 2010

Since the application for membership of the EU, many have recognised the potential of property in Turkey and the country has received millions in foreign investment, as well as new resorts, golf courses and other tourist facilities being built by conglomerates and corporate investors. Once Turkey has been accepted into the EU, property prices are expected to double, making now the perfect time to buy.

Recommended Investment Property in Turkey:

investment property at Harmony Bay, Akbuk.  Hotel Suites & apartments Luxury Apartments & Hotel Suites with stunning sea views. Prime investment opportunity full & shared ownership – £12,250 Harmony Bay, Akbuk >> Investment property in Mimarsinan, Istanbul Off plan apartments in Mimarsinan - offering fantastic investment opportunities in Istanbul from £76,170 - Istanbul Apartments Mimarsinan >>
Off plan investment property in Turkey Off plan investment property - Latest off plan properties in Istanbul and along the coastlines with early release prices -  Off plan property >> villas in Greenhills Akbuk, an area with high investment potential Excellent investment property - detached villas and bungalows in Akbuk. Off plan villas in the Greenhills area of Akbuk, Altinkum. 4 bed detached, pool, 750m2 £100,000
Villas, Greenhills Akbuk >>

With property prices on par with Spain almost 20 years ago, and predicitions that the market will follow a similar line, buyers are now ‘jumping on the bandwagon’ which will in turn push prices skyward. With the many new off plan developments available, many will make excellent returns on their property investment in Turkey.

With government plans and funding in place for improved infrastructure, golf courses, hotels, health and leisure resorts, and sports stadiums, tourism is set to rise dramatically over the next few years and with many new developments offering buy to let and guaranteed rental schemes, property purchases seem even more attractive.

Due to the great diversity of the country, different locations will appeal to different markets. If you are looking for an investment property which must bring in a return to cover a mortgage or loan, research your areas carefully before buying. Due to recent building booms there is a vast choice of property on offer and choosing the right location is essential in terms of rental income and resale when the time comes. With 25% price increases per year, and a booming tourist industry with increased demand for rental property, Turkish property investment should be a serious consideration for any investor.

Why Investment property in Turkey is a ‘must’