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Turkey has an astonishing array of rural locations in which you can buy property. If you want to avoid high-energy beach resorts, no problem. If you want a village house within easy reach of a stretch of quieter coastline, no problem. We look at the different types of rural property for sale in Turkey, and where the bargains are to be found. When discussing the prices of rural houses in Turkey, we must consider the benefits of living in rural homes as well as the areas of Turkey which would suit international buyers. Prices of rural property in Turkey: What are the benefits of living in the countryside? Many people go to the countryside to find peace and quiet and to get away from the noise and pollution that have become a part of city life. In this sense, Turkey is known for its densely populated cities, such as Istanbul. The nation’s economic capital has a population of nearly 16 million people. At the same time, Turkey is known for the variety of natural and diverse habitats found in its extensive countryside. This includes plains, mountains, waterfalls, springs, and agricultural land. As a result, those looking for rural property for …
New regulations concerning financing for housing and vehicle sales were published in the Official Gazette on March 7. Turkey now has new rules governing its interest-free markets. In the Turkish economy there are already over 300,000 customers who are desperate to avoid being charged sky-high interest rates. The Turkish parliament has recently passed the bill that has authorised the development of an expanding financial system. Following the implementation of the “savings financing system” savings companies could do business in Turkey. However, this system has failed to see much usage due to limited official regulation of creditors. It has benefited from low mortgage rates, which have permitted housing and construction booms recently. However, it has started to show signs of weakness since September 2020 because of the recent double-digit inflation. The percentage of properties which were financed with mortgages accounted for only 15% in January 2021, compared to 57% in July 2020. Turkey’s benchmark interest rate of 17 per cent makes it the highest in any advanced or developing economy The new regulations, loosely based on Islamic financing principles, is expected to attract a wave of new customers. In addition to the terms of the principal of the loan agreement, customers …
A river runs through it. That’s what you should keep in mind when looking for Dalyan property for sale. Have you always dreamed of living in a coastal town rich in marine life, history, and riverside living? Dalyan may well be the answer to your life goals. To begin with, the sparkling emerald waters of the Dalyan River is where most of the town’s daily activities happen. Tourist boats run along the calm waters daily, taking people to Iztuzu Beach. This stunning stretch of soft sand beach is about 6 kilometres long. Also known as the ‘Turtle Beach’, it is famous for being home to endangered loggerhead sea turtles. Secondly, you can find the ancient city of Kaunos on the other side of the river. The famous Kings’ Tombs stand 152 metres above sea level in this hill. This ancient walled city is considered one of Turkey’s most iconic sights. Protected Paradise A blissful beach by the Mediterranean sea. A charming river with a historic backdrop. This powerful combination makes up Dalyan’s interesting character. Therefore, it’s not hard to see why over 5,000 people choose to settle in Dalyan. Dalyan was the subject of a legal battle in 1986. Developers planned to build …
If you want an affordable, Mediterranean hideaway, then buying a property in Kalkan is the perfect solution. Situated in a stunning bay in the foothills of the Taurus Mountains, its traditional splendour will impress any visitor! Cobbled streets with boutiques and restaurants, famous beaches with coves and historical sites all await you. This up market resort is a win-win deal-breaker for holiday home buyers and property investors. Whether you want to buy a second home or own a rental, property for sale in Kalkan is certainly a lucrative investment. Here are ten reasons why it will be the right move for you. 1. Location, location location! With more than 300 days of sunshine a year, Kalkan should be top of your list for property investment! Nestled on the Southern Mediterranean coast, it lies between Kas and Fethiye. In addition to the spectacular sights of Kalkan, the local vicinity also brags fantastic days out. This old fishing town is close to many ancient Lycian sites, Ottoman towns, river gorges and of course, fabulous beaches. Buying a property in Kalkan will reward you with the opportunity for an ideal getaway amongst natural beauty. 2. Awesome Cosmopolitan Atmosphere The combination of a luxury …
As every estate agent and property seller will tell you, there’s never been a better time to buy property in Turkey. If you’re in the market for an apartment in Istanbul or a villa on the beautiful Turkish coast, you’ll want to make sure you’re fully informed. We’ve prepared a brief guide to buying property in Turkey to explain what you need to think about before, during and after the purchase has been completed. Every country has its own nuances when it comes to property sales, and Turkey is no different. We’ll give you an overview of the buying process – which we’ll go into more detail elsewhere on the site – as well as guidance on living and working in Turkey. Can foreigners buy property in Turkey? An important first question. Changes to state rules governing property ownership mean that most non-Turkish nationals (with some exceptions) can buy Turkish property. Most nationalities can buy property in Turkey including UK, US, European and Middle Eastern citizens. For most nationalities, a straightforward procedure is in place to make the property transaction as simple and easy as possible. The Turkish government encourages property investment from non-nationals – to the point that Turkish …
Turkey has a rich, ancient and wonderful history. It also has an impressive cultural heritage. As if this wasn’t enough, international buyers and property investors love the gorgeous weather, exquisite beaches and crystal-blue waters. At the same time, for many Western property buyers the Turkish property purchase process is a huge unknown. In this article we’ll cover some of the key points that international buyers should be aware of. How and where can I buy property in Turkey? It is much easier to buy a home in Turkey than in many other European countries. In general, the Turkish government is very supportive of international real estate investment. The conveyancing process is also reasonably straightforward with a quick turnaround, which makes it attractive to investors. Title deeds are delivered in 4-6 weeks, which compared to other countries is remarkably quick. Another key factor Turkey’s global real estate success is the fact that the government allows citizenship by property investment. Property buyers must invest at least $250,000 in property, and keep it for at least three years. Then they can apply for Turkish citizenship. Property Purchase Procedure Stage 1 – Find a Property For international property investors, particularly those from the Middle …
Buying property in any country as a foreign national requires research, trust and courage. For Britons seeking property abroad, Turkey seems a good option. Exchange rates are favourable, there has been a significant push by the Turkish government to encourage tourism and property investment, and it is easy to get to. Parts of the country – particularly along the Mediterranean and Aegean coasts – are very popular with holiday home buyers. Sadly, parts of the Turkish real estate industry don’t have a great reputation and are compared to Spain in the 1980s and 1990s. In this article we’ll explore how to buy property in Turkey without being ripped off. If you are seriously considering a property purchase in Turkey, here is the approach we would recommend to secure your ideal property, at the right price. Property in Turkey can be an excellent investment choice – but not all developments and estate agents are equal. Some are more equal than others. First of all, think location – location – location… Do your research. Which locations have a history of steady capital growth and look worth investing in? Which developers are trustworthy and which are cowboys looking to sell you the Emperor’ New Clothes? When …
Have you been lucky enough to have jetted off to Turkey for a holiday and fallen in love with the country? Or perhaps have made the decision to purchase a holiday home in Hisaronu or a permanent year-round property in Dalyan? Based on recommendations from friends and family, you are now searching for the best places to buy property in Turkey? Great news for potential buyers is that there are vast price differences from region to region. It’s highly likely there will be something to fit your budget and match your dreams. Turkey has many areas which attract foreign buyers because of its strong infrastructure. Furthermore, there is excellent airline provision into the 57 airports spread across the country. A number of these popular regions are situated along the Aegean and western coasts. Who doesn’t want to buy their dream overseas property located near the sea? With so many beautiful towns to choose from, it helps to have some background information with regards to the best places to buy property in Turkey. Best Places to Buy Property in Turkey: Istanbul Istanbul is Turkey’s most populous city and as well as being a business and financial hub, is packed with history, …
To learn about Turkey is to delve into one of the friendliest and most beautiful places on earth. Many people love Turkey for its stunning coastlines, glorious weather, and affordable property prices.
