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It is possible to buy a villa in Turkey at a lower price than in EU countries. If you wish for your purchase to be successful and profitable, you will need to contact the professionals of the Turkish real estate market. Summer Home provides a full range of services in the market, being a developer, investor and real estate agency. Our staff will help you choose the right option; this means the project might be finished or under construction. Also, taking into account the buyer's budget and availability.
Buying a villa in Turkey attracts with the following:
Obtain Turkish citizenship has never been easier; with only purchasing a property(s) cadastral value that exceeds 250.000 Dollars.
The advantages include a reduction in mortgage rates (by 25%), VAT( value-added tax) (up to 8%) and tax on property purchasing (up to 3%).
Several types of houses are sold in Turkey:
A building with 2-3 floors with an area of 120-450 m² resembles houses in Italy or Greece.
Basically, they are built of stone, have spacious balconies and terraces, which are used as a full-fledged living area, allowing not only to enjoy the beautiful view or weather but also to receive guests, have breakfast, etc.
Near most villas are a swimming pool, a relaxation area, a garden, designed by designers.
A 2 floored apartment is a separated house into two similar dwellings with a thick wall with good sound insulation. The area of each part is 90-120 m². Most of them will come with a pool and a recreational area equipped near it. Duplexes are considered an economical alternative to a villa. They are the highest demand in the Turkish real estate market.
It is a 2-storey villa, divided into 3-5 parts with an area of 100-260 m². Near the townhouse, there is always a swimming pool and an area where you can relax.
This sort of building is a 1-story light small house with an area of 90 m², mainly in the countryside. Most bungalows do not have heating. Typical layout of these buildings tends to have the living room in the centre, from it doors lead to bedrooms and other rooms. Externally, the bungalow looks like a simple house but with slight touches be turned into an elegant home.
In Turkey, you can buy authentic houses:
Wooden 2-storey houses are typically used in the northern regions and the Black Sea coast. It features simple architecture.
These buildings are seaside mansions that date back to the Ottoman period with a domed roof, a pediment decorated with wooden details, a large number of windows and a large garden.
A simple house which has an area of 60-100 m², and built 60-90 years ago.
Most authentic houses in the west and south of Turkey are built of stone due to the heat, in Central Anatolia. They are sold after a repair, fully or partially furnished, ready to move in. Old mansions in the Ottoman style in the historical centres of cities are sold for restoration.
So the buyer takes part in preserving the history, culture by investing in real estate, which does not lose its value over time.
Some authentic houses can only be bought by Turkish citizens or foreigners who are registered as a Limited Liability Company (LLC), which is the most common form of business. The employees of our company will explain Turkish law to the potential buyer.
In addition to villas and houses, in Turkey you can purchase:
An apartment in a new residential complex or in the re-sale market.
According to the Institute of Statistics of Turkey, Foreigners such as Russians, Iranians and Arabs are the top three buyers of Turkish real estate. In 2019, 2.890 transactions were deducted, which is 26% more than in 2018.
Most often, they buy real estate in these cities:
Everyone chooses an area to buy a house based on their goals and lifestyle, for example:
Those who prefer to live in a peaceful area choose small resort towns in the Mediterranean region (in Alanya, Kas, Fethiye, Avsallar, Kalkan, Konakli, etc.), in any of the 14 bays of the Bodrum Peninsula or the countryside.
Villa prices in Turkey range from €80.000 for a small 1-2-storey house with 250-300 m² of land in the suburbs to € 1.5-2 million luxury mansions on the seashore.
The cheapest property in the country is considered to be real estate in Albania. Here, the average cost of a house is €160.000. In the Mahmutlar district, you can buy real estate of any class. Villas with an area of 120 m² on a plot of 300 m² and 1 km from the coast cost from € 85.000. Also, houses at the same distance to the beach, but with an area of 250 m² on a 500 m² plot, is estimated of a minimum value of € 280.000.
On either Mahmutlar's borders, you can find cottages in Kestel and Kargicak, where there are a secondary real estate market and brand new villas from the developer at an affordable price. Because Alanya's first coastline is mostly built up with hotels, the villas and cottages are located far up the city.
The most popular city for buying real estate in Antalya, are areas called; Lara, Konyaalti, and Avsallar. Kepez is the largest region of Antalya. 5-7 km from the sea in a residential complex, and from here, you can buy an affordable property (€ 94-99 thousand) with an area of 90 m² with panoramic views, and heating system. From the properties in Kepez to the beach is easy to reach as you can get there by bus or tram.
Villas in the Avsallar area are affordable. For example, a property in a residential complex with 150 m² and 3-4 bedrooms that is 2 km from the beach, can be bought for € 69.000-73.000.
Villas (detached or in complexes) in Kemer are located among the picturesque nature on the mountains. The climate in this area is much cooler than in the rest of the city.
The most prestigious resort on the Mediterranean coast is Belek. There is a large number of free plots in the city, so real estate here will always be active. Belek is an attracts city with its beautiful beaches, entertainment, and famous golf courses.
The interest of Foreign citizens in Fethiye has increased since it was announced as a touristic destination 20 years ago. The resort is located on the banks of the beautiful bay on picturesque hills covered with pristine green forests.
The average price of a spacious villa with an area of 200 m² with 4-5 bedrooms, on 5-6 acres of land, 0.8-1 km from the beach is around €220.000. Houses in the village are a little more expensive. Gocek is located 20 km from Fethiye, and its main attraction is the yacht marina.
The cost of villas is affected by:
Location (Expensive houses with their own access to the sea, as well as located in large cities and the most picturesque and quiet places)
The choice of real estate in any region of Turkey is wide. The main thing is to know what to look for.
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