Turkey has a warm climate, good infrastructure, delicious cuisine and well-maintained beaches. Every year, during the tourist season, foreigners come here from worldwide. When people visit, they are charmed by the lifestyle. They quickly realise that they can purchase real estate that is inexpensive when compared to other European hot spots! Whether they buy for a holiday home or as an investment or to live permanently here, Turkey is home to many ex-pats from all over the world.
To the south of Turkey is the Mediterranean Sea, to the north is the Black Sea, to the west is the Aegean Sea and the Sea of Marmara is between the European and Asian landmasses. The total length of the coastline is 8000 km. The country has beaches awarded International Blue Flags for the purity of the coastal water.
The main reasons for acquiring housing by the sea:
The cost of 1 m² in the primary housing market varies between 600-2500 euros. Every year, prices rise by 15%, which allows the owner to resell the apartment or house profitably.
Visitors and the local population lease real estate- this is a good option for earning an extra income, bringing up to 7% of profit per year.
Students often rent housing. People come to large cities and resort centres located on the sea not only to relax but also to study - such higher educational institutions as the Istanbul Bosphorus University, located in Ankara Bilkent, etc. are in high demand.
On the Turkish coast you can purchase:
Currently, villas and new elite residential complexes are under construction on the entire coast of Turkey. Apartments in such residential complexes differ in size and layout: the number of bedrooms, the presence of additional rooms, separate bathrooms, open-plan or separate kitchens, dining rooms, balconies and terraces.
Depending on the number of rooms, windows can be on 1, 2 or 3 sides of the building. Generally, apartment buildings and villas have an outdoor pool, parks and nicely laid out gardens. Some have added amenities such as gyms, Spa and sports facilities. .
The following factors affect the value of a property:
The price of a residential property depends on its location. For example, in Istanbul, especially in the centre, the value of real estate exceeds those in Antalya or Alanya - this applies to houses and apartments.
In large cities, two or three-storey villas start at 400,000 raising to 1000000 euros. Small villas are cheaper as they are located near the mountains and the seashore, equipped with outdoor pools, properties cost 250,000-300,000 euros. Apartments are in high demand. They are rented and sometimes sold with furniture and air conditioning.
Apartments in residential buildings located near beaches are priced between 36,000 and 80,000 euros. The average cost of studios with a bedroom, living room, kitchen and dining room combined in one zone starts from 29,000 euros.
Two-level duplexes of 2 + 1 layout cost an average of 100,000 euros. The highest rates are for properties located near the Aegean Sea and Cyprus.
The knowledgeable staff at Summer Home company, will help you purchase real estate on the Turkish coast, and will provide a choice of apartments and villas at affordable prices for you to view
Istanbul is a metropolis with a population of 15 million people. Well-developed infrastructure makes the city attractive to tourists and people buying real estate.
The housing market is represented by a variety of properties - from apartments in multi-storey residential complexes to villas. The average cost of a home in the city centre is 100,000 euros.
Antalya, the Centre of the Turkish Riviera, has several areas, Lara is the most popular and quiet of them all, with a large number of foreigners living there. There are plenty of schools, restaurants, cafes, supermarkets and hospitals which cater to the expat and local communities.
There are many clean pebble beaches in Konyaalti, with hotels occupying the coastline. Residential buildings cover 1.5 km of the coastline. The cost of apartments in Antalya ranges from 40,000 to 100,000 euros, villas - from 400,000 to 700,000 euros.
Belek is 25 km from Antalya. The city has beautiful eucalyptus and pine forests. Nearby attractions include the ruins of Perge, the ancient amphitheatre, it's very popular due to its proximity to Antalya International airport. Belek is also famous for its world-class resorts and golf courses. This area has its own ecology and unspoilt nature. Luxury villas and apartments built by the sea, sell for between 150,000 to 650,000 euros. The minimum cost of apartments here is 125,000 euros.
Kemer is famous for its rich nature - mountain landscapes and coniferous forests. Located here are luxury villas and apartment buildings. In winter, life at the resort is quiet. More often, people buy real estate in the city centre. The average cost of apartments - 70,000 euros, villas - 350,000 euros.
Located 135 km from Antalya, Alanya is a famous tourist resort with sandy beaches. This city has everything you need for relaxation and entertainment. In essence, there is an amusement park, gardens, an aqua park, boat trips on yachts and excursions to historical places organized for everyone. The average cost of premium apartments near the beaches is 75,000 euros, villas - 500,000 euros.
The prestigious and expensive resort of Bodrum is on the Mediterranean coast. Wealthy people live here not only in housing but also on yachts. Authentic white stone houses are popular properties for sale on the Bodrum real estate market.
Buildings painted in this colour is on the initiative of residents, who believe that this gives the city a noble appearance and helps repel insects. At the same time, windows, doors and decor are painted in a contrasting blue colour - this colour corresponds with local traditions and sets Bodrum apart from other cities.
The cost of villas in Bodrum is from 400,000 to 1-2 million euros, apartments - from 78,000 to 265,000 euros.
The Marmaris Sailing Center, located in a luxurious bay between the Mediterranean and Aegean Seas, is chosen by active recreation lovers. The city has many entertainment centres and nightclubs.
In Cyprus, residential properties are for sale in Kyrenia, Famagusta, Esentepe. There are luxury villas and cottages with panoramic sea views. For housing, you will have to pay from 80,000 to 500,000 euros and above.
Our company "SummerHome" organises free orientation tours for its customers. Having visited several properties, estimated their location and infrastructure, you will surely be able to choose a home that suits your needs and financial preferences. We accompany and support our customers at all stages of the transaction.
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