Turkish Real Estate Real Estate in Turkey

Turkish Real Estate News
Property Market Trends and Reviews

Keep up to date with Dynamic Turkish Properties and Real Estate Market.

Turkey Property Market
Turkey is a world known destination for vacation, investment and retirement. The Turkey Real Estate and Property News Blog is a resource center for property investors. You will find a wealth of information on topics including property selling, buying, rentals, real estate agents, turkey housing market updates, mortgages, home loans, relocating, Turkey real estate investing, trends, latest news and professional reviews. Find property buy and sale information for all of Turkey including Belek, Side, Alanya, Antalya, Kemer, Kas, Kalkan, Fethiye, Istanbul.

 

Antalya - an opportunity too good to miss!

Tuesday, June 24, 2008

The Turkish city of Antalya is proving to be a very popular location for foreign leisure travelers as it has all the necessary "ingredients" of a major tourist hotspot, according to new figures.

The official government data showed that the Mediterranean resort is the top destination for holidaymakers in Turkey last month. Figures showed that 37.8 per cent of foreign holidaymakers last month those who visited Turkey in May 2008 chose to visit the city. This puts it well ahead of Istanbul, which attracted 25.2 per cent.

Today's Zaman suggested that approximately eight million people could take their holidays in the area and nearly 13,000 foreigners now choosing to live in the vicinity permanently. The publication stated that the temperatures are cool enough for people to feel relaxed to explore the region, while some tourists enjoy the chance to experience some winter sunshine. Moreover, Antalya has exceptional nightlife, shopping facilities, historical and cultural attractions, as well as its various leisure facilities, including golf courses attract foreign tourists. This means that temporary lodgings in Antalya will be highly sought after during the peak holiday season.

Turkish Land Registry Directorate (TKM) found that more than 17,000 overseas investors owned properties in the area. Business Week said Antalya is becoming popular with investors and expatriates from all over the world and overseas property investors are increasingly choosing to snap up properties in Antalya.

Alaaddin Yuksel, governor of Antalya, predicted that the region will attract ten million visitors this year - up from eight million in 2007. Mr. Yuksel added that he wants to renovate the province into a year-round holiday destination.

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posted by EstatesNewz, 6:14 AM 0 Comments |

New airport at Gazipasa makes Turkey a property hotspot

Tuesday, April 29, 2008

Turkey is anticipated to become one of the most popular destinations from Gatwick to the Mediterranean this year, since the announcement of the new airport at Gazipasa near Antalya.
Antalya Airport Turkey
Simon Ryeland, Director of Principal International has said that increase in number of flights expose this region. This will attract more vacationers and investors looking for property to rent out. British Airways have announced that they will operate 3 flights per week from Gatwick to Antalya from April. The move by the airline signals the growing popularity of the region of Antalya with British holidaymakers. Antalya International Airport already comes second in the busiest airport terminal on the Mediterranean coastline and 14th in the world during 2007.

This is exciting news for the region that has already seen an increase of 25% in tourist numbers since last year. Now travelers will be able to choose from the increased number of flights. Property investors can expect good rental profits and high occupancy in low tourist season also as year round sunshine in turkey extends the rental year.

The Ministry of Forest and Agriculture in Turkey has issued a White Paper on guidelines and restrictions to be introduced up to the year 2025 to ensure that its immaculate and unspoilt coastline remains that way. It may have some impact in the number of new construction but tourism is on the high, the Turkish Riviera will be protected for generations to come and the same high level of tourism can be maintained.

Buildings is restricted to enable coastal resorts to grow but without spoiling any of the natural beauty of turkey, while those who have already invested in properties reaping the rewards of inflation in house prices and high rental yields in all areas which is stimulated by a shortage of available resale and new units.

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posted by EstatesNewz, 4:27 AM 0 Comments |

Swedish retirees increased migration traffic to turkey

Friday, April 18, 2008

Allan Williams from London Metropolitan University has said that Turkey is on the threshold of becoming a major hotspot for retirees who want to live abroad. Expatriates always long for a place which offers culture, good lifestyle and a favourable climate. He also predicted that Antalya will be the main hotspot for older expatriates within the next couple of years.

Recently a poll carried out by Dokuz Eylul University (DEU) of expatriates living in Antalya to check what made them to live there full-time revealed that they are most attracted by the warm climate of the country.

Christer Asp, the Swedish ambassador in Ankara has said that a rising number of people from Sweden desire to have property in Turkey. Retirees from the Scandinavian country are choosing to spend their retirement years overseas and recent migration traffic to Turkey shows its popularity among Swedes who were hoping to relocate permanently.

Mr. Asp commented that Swedish retirees used to relocate in Spain earlier and now the trend is changing as more people are now choosing Turkey. He predicted that about 400,000 Swedes would visit Turkey before next summer and there will be busy relocation traffic of the retirees to turkey in 2008.

Recently the Turkish Press reports have highlighted the popularity of Turkish property with Russian holidaymakers. According to Russia today, more than two million Russian holidaymakers visited Turkey last year.

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posted by EstatesNewz, 10:58 PM 0 Comments |

High rental yields in Turkish properties

Thursday, April 17, 2008

Turkish Hotels Federation Official figures have revealed that there is massive rise in rental accommodation in a Turkish tourist destination this year. TurkishPress.com has reported that Occupancy rates in Antalya rose by 20 per cent over the Easter holiday.

Ahmet Barut, president of Turkish Hotels Federation has predicted further growth rest of the year. He said that during the Easter tide, Antalya attracted people from European countries like Spain, Switzerland and central Europe. He also stated that Turkish appeal will get extended to Eastern Europe in 2008.

Turkey is on the threshold of becoming most popular destinations for eastern Europeans due to the low entry costs they provide for investors in terms of getting on to the property ladder.TurkishPress.com cited Turkish Statistical Institute statistics showing that in last 2 months turkey has attracted over 280,000 people from Eastern Europe.

The rental returns in turkey are getting better every year. They are sufficient to cover mortgage repayments. Rental Yields for apartments and single-family homes in Istanbul and Ankara are currently around ten per cent, and it is anticipated that in the next few years will see a very profitable buy-to-let boom in Turkey's major cities.

This comes after the Turkish Daily News quoted Alaaddin Yuksel, governor of Antalya, as saying that he hopes Antalya province itself will attract ten million visitors this year which was eight million in 2007. Figures from the Turkish Board of Statistics revealed that the country is attracting tourists from a number of countries. This means that Turkey boasts higher occupancy rates and healthy rental yields.

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posted by EstatesNewz, 12:46 AM 0 Comments |

Antalya tops Turkey's real estate spots

Wednesday, March 12, 2008

Turkish Daily News reports say that Antalya on Turkey's southern Mediterranean coastline is most popular location in property investment market.

The variety and volume of real estate opportunities in Antalya has been credited to the emerging travel industry. More and more overseas investors are choosing the Antalya's laidback lifestyle, sophisticated nature, excellent infrastructure and weather. Istanbul and Antalya are the two destinations which accounts for half of all the property sold to foreigners in turkey.

Turkish Chamber of Foreign Affairs and the Deed and Cadastre Head Office reports reveal that foreign nationals of over 70 countries have properties in Turkey. Antalya has massive potential as a holiday accommodation and offers long term investment potential for the property investors.

Antalya has full access to remarkable array of facilities, amenities and attractions like archaeological sites, historic ruins, sandy beaches, restaurants, entertainment facilities, international airport which is serviced by many charter flight companies throughout the year and a great night life. As a result of all these facts Antalya has become turkey’s top real estate spots.

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posted by EstatesNewz, 9:42 PM 0 Comments |

Turkey - exciting 2008 for buyers

Wednesday, February 20, 2008

The South-western 'Turquoise' Mediterranean Coast of Turkey presents valuable opportunity as thousands cash in on soaring prices in Spain and Portugal to buy a second home in turkey. The market has increased to record proportions because lack of good accessibility and issues in mortgages for British buyers are expected to be cleared in 2008.

Antalya Turkey

The low cost easy jet airlines announced today that it will acquire the assets and business of GB Airways, which has more operations in turkey's southern coast. British Airways is launching flights from Gatwick to Antalya in Turkey next summer. There will be three flights per week to Antalya from April 10, 2008. Opening of a second airport for Antalya Region in Gazipasa in the near future is being planned but the routes will be confirmed soon.

According to the property sales law, foreigners can have property in Turkey and it is been accepted in the Parliament. The new mortgage law in Turkey sets new standards and it will accelerate the Flow of Foreign Capital into Turkey.

Turkey is hoping to dispel negative perceptions about Iraq as its neighbor and volatility of Turkish lira by structural adjustments, liberalization attempts and institutional changes and reorganization of the economic system.

Buying an apartment for £25,000 in Altinkum and £1m for a villa in the upmarket resorts of Kalkan, Kas, or Bodrum become a more attractive proposition. Spot Blue is now selling stylish, good quality, two-bedroom villas in the golfing destination of Belek, 20 miles from Antalya airport, for £85,000.

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posted by EstatesNewz, 9:35 PM 0 Comments |