Home / Buying in Turkey / Turkey / Buying Holiday Homes In Turkey
Turkey begins the process of aligning itself for EU accession, property prices across the country are set to rise in line with properties in similarly attractive areas of Europe. The combination of foreign and domestic demand for holiday homes is fuelling an unprecedented building boom along the entire west coast of Turkey. Legislative changes, which relaxed restrictions on where foreign nationals could purchase property, have also encouraged more buyers. As a result of this property prices are rising rapidly, particularly in areas popular with tourists or the rising Turkish middle class. Property prices and the cost of living are still much lower than other Mediterranean neighbours and Spain so if you invest now you can expect to see a substantial increase in your investment. Buying in Turkey is like buying in Spain fifteen years ago because properties are affordable, good value for money and the rental return is good. In the last five years Turkey has seen a considerable increase in the sale of properties to foreign nationals