British buyers have been buying property along Turkey’s southern
coastline in their droves over the last few years. These savvy
purchasers have discovered that if you’re looking for a holiday
home, fly to let property or a retirement home in the sun Turkey is
an unbeatable property hot spot. Britons are currently top of the
league with property purchases in Turkey.
With a population of 70 million, of which 70% are younger than 35
years old, which shows a strong and growing local market.
Boasting over 25 million tourists annually, the new mortgage
legislation will undoubtedly create new buy-to-let opportunities to
meet the growing demand for accommodation from tourists.
According to Holiday Rentals Turkey is in 5th place with 27.9 per
cent of the total number of rental properties owned overseas by
Property price increases along the Turkish Riviera have been driven
by a growing demand for holiday homes and apartments and individual
Reasons to buy in Turkey.
Here are some more reasons why Turkey is an increasingly attractive
to property buyers;
No capital gains tax
Turkey offers some tax incentives that are of high interest to
property investors, If you sell your property after four years,
there is no capital gains tax.
Excellent value front line properties with high capital growth
The Turkish market still offers excellent quality properties at
prices that most other locations of a similar caliber could not
offer 10 years ago.
Over 25 million tourists visit Turkey each year and boost the
Turkey ranked eighth in the world current demand for Turkey is
reflected in the 25 million tourists it attracts per annum ranking
it 9th in terms of the total tourist numbers. This translates into
solid rental yields by buy-to-let investors who purchase in the best
Turkey offers a modern infrastructure
Turkey has a solid and modern infrastructure that is rapidly growing
in line with its economy, tourism and property markets.
Although EU membership will undoubtedly support Turkey’s economy
and, as one aspect of this, its property market, property agents
remain confident that the health of Turkey’s property market is not
dependent upon EU membership in the same way it clearly was for
countries such as Estonia and Czech Republic.
Alanya is a pretty town located on the coast
of the Mediterranean sea and surrounded by high mountains, wide
green meadows, plateaus and innumerable rivers.
This little town of the Mediterranean Coast possesses the typical
climate of this region with 300 days of sunshine and temperatures
rarely going below10 degrees in the winter.
Filled with the traces of history interspersed with wonderful views
of nature, Alanya today, has become one of the most vibrant holiday
resorts of Turkey. Its modern and cosmopolitan atmosphere are
reasons why many tourists from all around the world vacation in
Alanya all year round.
Tourists are drawn to the area because of reasonable prices,
fantastic weather, sandy beaches, historic sites and fine cuisine.
Beach activities in Alanya include wind surfing, parasailing, jet
skiing, banana boating.
During winter tourists can alternatie time between the beaches and
then enjoy various winter sports including skiing, snowboarding,
tracking on the Taurus Mountains.
Golf courses which serve all year around are easily accessible.
Nightclubs, bars, restaurants and live music venues all provide an
The tourist industry here is worth over 1.2 billion euros and Alanya
is generating 10% of the tourism revenue in Turkey, but the area is
also known for its many fruit farms, particularly lemons and
oranges, and large harvests of tomatoes and cucumbers
There are flights all year to Antalya and Alanya is a 1 and ½ hour
drive from the airport.
Flights from all the major cities of Turkey and Europe arrive at the
international airport in Antalya,
Beautiful beaches on the Mediterranean coast and year round warm
temperatures, combined with a low cost of living will provide
excellent potential for significant capital growth for property
Alanya has one of the largest Mediterranean coastlines in Turkey
with almost 26 km of golden beaches and has invested millions of
Euros over the last 25 years into building a successful tourist
resort along the coast.
Alanya offers a wide variety of facilities including stunning blue
flag beaches, historic sites, a vibrant marina and harbor, bars,
nightclubs, restaurants and many shops. With fabulous weather all
year round Alanya enjoys a longer holiday season then the Aegean
resorts, seeing visitors even in the winter.
Alanya has seen major revitalization with the expansion of the old
harbor to allow cruise ships to dock and a picturesque promenade
lined with new restaurants and cafes. A brand new yacht marina is
currently also under construction and many new roads, paths and
public parks have also been built along Alanya's long sandy beaches.
charter airlines run flights all year round to Antalya airport and
Alanya is a distance of 1.5hrs by car. Alanya attracts approx 1
million visitors annually. This is one of the most fantastic short
haul destinations available to Western Europeans. Less than 4 hr
flight from U.K and most other European cities.