Best Places to Buy in Turkey

Best Places to Buy in Turkey: According to TurkStat’s data, Istanbul is the most popular destination for foreign purchasers, with Middle Eastern customers accounting for the majority of overseas transactions. The city is become a popular weekend getaway spot. Antalya is the second most popular province among non-Turkish buyers. The Fethiye area remains a big favourite with the British, accounting for three of the top five places for web searches. The chic and stylish Kalkan, as well as the Bodrum peninsula, remain popular.

Despite its volatile year, Turkey retains a spot in our Top 10 Best Places to Buy Abroad 2017. The market slowed in July after a failed coup attempt, but agents indicate that sales increased significantly in August. Isolated terrorism occurrences across this huge country continue to deter a few visitors (tourism fell in 2016), but investors believe that a sense of stability is returning to the market.

Guide to Purchasing Real Estate in Turkey

To put things in perspective, over 35,000 Britons, as well as a sizable number of Scandinavians, continental Europeans, Russians, and Middle Eastern investors, own property in Turkey. Each year, it becomes slightly easier for foreign buyers to purchase a property in Turkey; it is now a reality that buyers of resale homes can obtain title deeds in as little as one day.

But don’t forget that south-west Turkey has a beautiful, mostly unspoiled coastline with friendly resorts, old sites, golf courses, and even big-name hotels (Bodrum especially). The cost of living, as well as property, is reasonable, and those with a budget of £100,000 will find lots of options.

Best Places to Buy in Turkey