Developments & buying property in Turkey

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Turkey is a wonderful country to live or retire to. Many people move there to experience a happy, fulfilling quality of life. The climate reaches scorching temperatures during the summer and Turkey is home to some of Europe's most beautiful coastlines.

You can enjoy sunshine for more than 300 days of the year, not to mention the fantastic sailing opportunities for keen yachtsmen. Turkeys ports are becoming increasingly popular and the country is full of nautical history and referenced in much famous literature. With over 8000 kilometres of coastline to explore, activities such as river rafting, scuba diving and sea kayaking are available to enjoy all over. Not to mention the incredible views you will get from hot air ballooning and paragliding!

Please see our comprehensive Turkey buying guide below.

Villas, Apartments, Houses, For Sale, Turkey, Turkish, Fethiye, Mugla, Gocek, Olu Deniz, Bodrum, Lycia.

Villas, Apartments, Houses, For Sale, Turkey, Turkish, Fethiye, Mugla, Gocek, Olu Deniz, Bodrum, Lycia.

Villas, Apartments, Houses, For Sale, Turkey, Turkish, Fethiye, Mugla, Gocek, Olu Deniz, Bodrum, Lycia.

Find property in Turkey with Propertiesabroad.com - the best place to search for Turkish property. Turkey is a seductive mix of culture, stunning scenery, friendly villages, delicious cuisine and pristine beaches. With plenty of villas, apartments and houses for sale, you can find your perfect property in Turkey Propertiesabroad.com. It's the best place to find the very latest property in Turkey. 

Why buy in Turkey? - Our Buying Guide.

Put simply – it’s amazing – a vast country with around 5,000 miles of coastline, beautiful unspoilt beaches,  forests, mountains and lakes together with a stunning history and cultural heritage which is evident wherever you go - from the Blue Mosque of Istanbul to the smallest village there will be some relic from Turkey’s impressive heritage.

Great news! You can now get your property titles in one day when buying in Turkey. See how here!

Mix all that up with a growing economy, new strategies allowing foreign purchasers to buy property and some of the friendliest people you will ever meet and it’s easy to understand why people return to its wonderful climate year after year – there are endless joys to discover!

Turkey is for everyone – from those who want to enjoy a more peaceful holiday enjoying the wonderful food and hospitality, lazing on the countless golden sandy beaches and enjoying the culture and beautiful scenery  to the most intrepid thrill seeker – hangliding, diving, skiing and watersports  - the possibilities are all there for you to enjoy.

A booming economy has strengthened the property market in Turkey enormously  but even so they are still excellent value for money – for example Istanbul prices are still only around one fifth of comparative world city prices and property in seaside resorts compare favourably to European resort prices.

The excellent  climate, lower cost of living, easy access and the laid back lifestyle are just some of the reasons why people are buying there either for holiday, renting or permanent living. Please see our fantastic article on 5 big reasons why retirees should think about Turkey.

Getting to Turkey

Turkey is well served by four main airports in the south which serve the main tourist and holiday resorts together with two airports in Istanbul (with a third one planned) giving easy access all year round.  Direct flights from all UK airports take around four hours and budget airlines also fly to Turkey as well as most major airlines. For those with time and the need to take their own transport the roads through Europe make it a reasonably easy and pleasant drive with many beautiful places of interest on route. In the main tourist resorts a car is often unnecessary as the local minibus services (dolmus) run late into the evening providing a cheap, basic and efficient way of travelling around locally.

Infrastructure

As detailed above Turkey is easily accessible by air and Turkey’s booming infrastructure sector as outlined in London on 28th March 2013 (Invest in Turkey’s Infrastructure) emphasised Turkey’s plans for further investment in highways, a third airport in Istanbul and in the fast rail services including a high speed rail link from Ankara to Istanbul due to be completed in 2013. The conference also unveiled plans for commerce, energy,  utilities and urban transformation, including tourism, thus attracting foreign investors eager to take advantage of this  fast growing economy. In the main tourist resorts a car is often unnecessary as the local minibus services (dolmus) run late into the evening providing a cheap, basic and efficient way of travelling around locally.

The market, where it's heading

Turkey has been steadily rising in popularity over many years and property prices have risen together with the growth in Turkey’s economy.  This has been aided by their being outside the eurozone and obviously the fast growing economy which expanded in 2012 by 8.5% reaching a GDP of £770 billion – this makes Turkey the third fastest growing economy in the G20 nations group after China and Argentina.   In addition the new Property Law of 2012 allowing more foreigners to buy property in Turkey together with the amount of land foreigners are allowed to buy being doubled to 60 hectares has all contributed to the current property boom whilst still being good value and therefore good investment potential. Please see our August 2013 article on why Turkey's real estate growth isn't slowing down yet.

Turkish currency

The currency is Turkish Lira (TL) which is sub-divided into 100 kurus. Sterling, euros and dollars can be changed at banks, post offices and change bureaus.  In towns most jewellers also offer reasonable exchange rates.  Many exchange bureaus do not charge commission whereas airports often charge around 5%.  Always shop around for the best exchange rate.

Turkish climate

The Marmaris, Aegean and Mediterranean coasts of Turkey enjoy a typical Mediterranean climate of hot dry summers and mild winters. The holiday resorts in the south west can be around 30o in high summer months with clear, warm, inviting seas from April to October on the Aegean and Med coasts.  Further North,  Istanbul has colder winters with more rainfall and occasional snow.

Turkish economy

Growth in Turkey has again picked up in 2013 and, according to the IMF, whilst most of Europe struggles Turkey is forecast to have a 3.5% growth in 2013.

The “2023 Vision” is made up of goals set up by the Government over the next ten years to further increase the growth with economic, infrastructure and social improvements already implemented. 

Popular Areas of Turkey

Dalaman

Set in an idyllic location between mountains and the sea along a stunning stretch of coastline, Dalaman is still unspoilt and peaceful and a great base from which to explore the many local places of interest. A new marina and golf course are planned – adding to its already numerous attractions- water sports, gastronomic delights and historical sites to name but a few.  Dalaman Town itself is livelier with great restaurants, shops, local craft markets and bazaars.  Although quieter than some resorts, with nightlife mainly centering around hotels , there is always plenty to do in Dalaman.

Fethiye

A personal favourite as Fethiye has retained its charm and culture. Again set between the mountains and the sea Fethiye has something for everyone.  Ideal for families who have different ideas of what a holiday should be, the popular marina area is surrounded by fabulous restaurants and traditional gulets are moored in the harbour offering to show visitors the delights of the sea and nearby islands.  You can take a gulet cruise for a week or a day and you won’t be disappointed. The coastline is stunning, and the sunsets on your return will delight you.  The town centre is behind the marina area and offers restaurants offering both traditional Turkish cuisine and also more European dishes.  The winding streets buzzing with small bars and many shops offering locally made leather goods, jewellery and crafts. There are sites of historical and archaeological interest here together with a large weekly market easily accessible by bus or dolmus.

Ölüdeniz, Hisarönü, Ovacek

if you have ever seen a Turkish tourism poster it is likely to show the beautiful crescent shaped beaches in Olu Deniz.  The sandy beach here is situated between the sea and a natural lagoon, perfect for water sports, kayaking or taking out a pedalo. It is a popular area for paragliding and they leap off the very high cliffs above the resort landing safely on the promenade below – almost as good to watch. The safe clean beach is great for families as there are beach bars, restaurants and sunbeds with umbrellas for hire.  In the evening the restaurants and busy streets with stalls and shops open late into the evening offer something for everyone.  There are fewer properties for sale here as there is a building restriction on building sea front properties to conserve the beautiful coastline but there are lovely properties to be had set slightly further back.  Slightly further inland – no more than a five minute bus ride and steep walk – Hisaronu and Ovacek have much to offer with Hisaronu being a very lively resort with clubs, bars, restaurants and sports bars with huge screen for the football fans.  Although noisy and vibrant in the main high street Hisaronu has its charms and quiet spots and property here is varied and good value with good rental potential. Ovacek – a little further along is much quieter and properties here have great mountain views , charming restaurants, smaller family run hotels and easy access to Hisaronu, Olu Deniz and Fethiye.

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