Property in Turkey

In 2005 it was believed that 30,000 Brits owned property in Turkey, with another several thousand waiting for their sale to complete.

There's a whole host of reasons why Turkey has proved so popular with people purchasing overseas property, including the weather, the unendingly friendly people who welcome to their country with open arms, and the relatively low cost of living.

Due to the ever-increasing house prices in the UK, many savvy investors are taking the opportunity to sell up, or remortgage their UK property and invest in property overseas, and this is no different in Turkey. Another investment technique, also triggered by the rising house prices, is first time buyers investing in relatively low cost property overseas, renting out the property to generate an extra stream of income and then selling the property at a high return which gives the desposit for a property in the UK.

Of course, the coastal areas have, and will continue to do so, proved the most popular with foreigners, with Istanbul and Ankara experiencing increasing popularity with foreign buyers also.

Living in Turkey permanently can prove somewhat of a culture shock, and as such it is imperative one dips their toe in the waters before moving lock, stock and barrel out there, however having said that, many people find life in Turkey a refreshing experience compared to the UK. The 'compensation culture' is unheard of out there, it's more a case of being responsible for your own actions, and accepting that accidents happen.

Find out more about living in Turkey here.

International Property Agents has a range of properties on offer, from studios in the popular holiday resort of Altinkum starting at £20,450 right up to the most stunning villas complete with private pool in exceptional areas.
Click here to find out more about our selection of great Property in Turkey