If you're interested in buying property in Turkey, you may be wondering where the best place to buy is. There are many different areas to choose from, each with its own unique benefits and drawbacks. In this blog post, we'll take a look at some of the most popular places to buy a property in Turkey and help you decide which choice is right for you. So, whether you're looking for a quiet town by the beach or a bustling city centre, read on to find out more!
Istanbul:
Turkey's capital city is Ankara, but the largest city and the main hub for economic, financial, educational and tourist activity is Istanbul. With a population of over 15 million people, Istanbul is a sprawling metropolis with two passenger airports. The real estate market here is strong, with locals and expatriate workers as property buyers. However, foreigners who are looking to purchase a home in Istanbul as a holiday or retirement destination will also find plenty to love about the city. It boasts a developed infrastructure with endless shopping opportunities, excellent museums and concert halls, top-notch fitness centres and beauty salons, and daytime and night-time entertainment facilities. Istanbul is quickly evolving, and many of its neighbourhoods are currently undergoing renovation.
Alanya:
According to statistics released by the Alanya Chamber of Commerce and Industry, a total of 3,345 properties were sold to foreigners in 2020. This is a significant increase from the 2,764 properties sold in 2019 and reflects the growing popularity of Alanya as a destination for overseas buyers. The most popular type of property among foreign buyers was apartments, accounting for 72% of all sales. Villas were the second most popular type of property, with 15% of sales, followed by land (9%) and commercial properties (4%). The majority of buyers were from Russia (32%), followed by Scandinavia (16%), the Middle East (15%) and Europe (13%). With its sunny climate, beautiful beaches and friendly people, it is easy to see why Alanya is becoming increasingly popular with overseas buyers. Thanks to its strong growth prospects and attractive pricing, Alanya offers an excellent opportunity for foreign investors looking to purchase property in Turkey.
Antalya:
Located in the Turkish Riviera, Antalya is a popular destination for foreigners looking to buy a summer home. The city has a Mediterranean climate, with warm, sunny weather from March . Antalya is also home to a number of world-class beaches, as well as a number of historical and cultural attractions. As a result, it is no surprise that the city is one of the most popular tourist destinations in Turkey. However, foreign buyers should be aware of a few things before purchasing property in Antalya. First, the Turkish government imposes strict limits on foreign ownership of property. Second, the city is located in an earthquake zone, and buyers should be sure to purchase earthquake insurance. Finally, it is important to consult a local real estate agent to ensure that you are getting the best possible deal on your summer home. With these considerations in mind, foreign buyers can be sure to find the perfect property in Antalya.
Bodrum:
Bodrum is a beautiful place that has something for everyone. It is perfect for luxury summer homes, and it has quaint fishing villages. Properties here are not the cheapest in the country, but there is something for all budgets. Bodrum is a great place for foreigners to buy property because it is such a beautiful and diverse place. There are different options for foreigners when it comes to buying property in Bodrum, and there is sure to be something that meets your needs along with your budget. Bodrum is a wonderful place to call home, and you will be glad you made the decision to purchase property here.
Ankara:
Ankara, the capital city of Turkey, has long been a popular destination for foreigners looking to purchase property. The city offers a variety of attractions, including shops, restaurants, and historical landmarks, making it an ideal choice for those who want to experience the best of Turkish culture. In addition, Ankara is a great option for working expats and international business owners. The city is home to a number of multinational companies, and its central location makes it easy to travel to other parts of Turkey.
Bursa:
Bursa, known as the "Dragonslayer," has been a desirable destination for foreigners seeking to purchase property. The city's economic outlook, accessibility, and classy lifestyle are just some of the reasons why it's a perfect destination for purchasing a property. Bursa is located at the Uludag Mountain and also has beaches near the Marmara Sea, making it a popular choice for tourists. The city long has been popular for foreign investors, especially with its opulent houses and grand villas. In recent years, Bursa has seen an influx of buyers from China, Russia, and the Middle East. This is due, in part, to the Turkish government's efforts to make it easier for foreigners to buy property in the country. If you're thinking of purchasing property in Bursa, now is a great time to do so.
If you are looking for a property investment, Turkey is the place to be. With its stable economy and favourable climate, Turkish property is in high demand from investors all over the world. Our list of best destinations for property investments will help you choose the right spot to buy your dream home or lucrative holiday getaway. Have you decided on your favourite destination? Let us know in the comments below.
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