Property in Turkey
Turkish properties enjoy lately increasing popularity among European customers (Germany, Netherlands), Russia and CIS countries thanks to wonderful climate of the country, growing economy and high quality of construction.
Residential resort properties attract its buyers with affordable prices and well-developed infrastructure. Thanks to fast speed of construction the choice of properties is wide and varied. European buyers prefer to purchase real estate on Riviera of Antalya, especially in Alanya, as well as in such exclusive towns as Bodrum and Fethiye. The Russians still prefer Antalya, Alanya and Kemer, however, recently the coastal city of Mersin excites certain interest due to its low level of seismic danger in this region.
Real estate in Turkey represents good value for money. Considering relatively low prices, if compared to the properties on Mediterranean coast of European countries, here villas and apartment complexes have perfect finishing, planning and are conveniently oriented to sun and sea.
Commercial properties might be even more profitable. Currently Turkey has highly advantageous investment climate. Construction and development projects in Istanbul, on Aegean or Mediterranean coasts bring constantly growing income to their investors. At the same time, purchase of a hotel situated on famous Turkish resorts or in the heart of the country’s business life, Istanbul, can turn out to be the most interesting option. Due to high speed of economic growth, profitability of the hotel business purchased by foreign investors steadily increases.