The name Side comes from the old Anatolian word meaning pomegranate which is a fruit that symbolises abundance; and Side is certainly a city with an abundance of incredible history and which retains an abundance of amazing remains - some even dating as far back as the 7th Century BC when the city was first established.
Today Side is one of Turkey’s most popular tourist resorts and it seamlessly incorporates the ancient majesty of the city’s past with the vibrant face of the modern Side. Buying a property in Side today offers fantastic immediate rental yield potential during the summer months and also good medium to long term capital yield investment potential.
Turkey today is beginning to align itself for the long road towards EU accession and as a direct result it is opening up to Western Europe, embracing tourism and welcoming visitors from across the world and becoming a competitive environment in which to do business. Consequently buying property now anywhere in Turkey is a very good bet because at the moment the majority of this vast and stunning country remains unexplored and property prices therefore remain very low - yet the potential within Turkey for the future is massive.
The Turkish population are young, dynamic, hard working and generally very well educated and they are the long term key to the future success of Europe. In the shorter term - in terms of property investment potential in particular - as the wider world awakens to the beauty of Turkey as a holiday destination and the potential in Turkey for business opportunity, so demand for rental property will surge and demand for houses and apartments to buy will grow. This will push up the prices you can charge for a weekly let and this will push up the prices vendors can charge buyers for resale or new, off plan properties.
Side is one of the most attractive destinations in Turkey in which to buy property and profit in the shorter term because it is an already established resort therefore demand for rental accommodation already exists and property prices in the area are already enjoying inflation.
Situated on a peninsula and bordered by two amazing beaches, the city is home to fantastic tourist facilities and also home to the amazing and ancient remains of historic Side. The hotels, beaches, fun parks, shops, bars and restaurants are complimented by the ancient streets, traditional handicraft stalls and Roman baths - old and new, modern and ancient, historic and fun, fascinating and fantastic all seamlessly combine together.
Side is an easily accessible location that makes it highly popular with tourists thus making properties that much easier to let out and of course making it easier for you to reach your holiday apartment or second home in the sun whenever you fancy a break - the airport at Antalya is only a 45 minute drive away. Added advantages of Side are the fact that it is a 20 minute drive away from the famous Belek golf courses, it has 2 beaches and amazing sea views are possible from most locations as the city is on a peninsula jutting out into the sea and you’re very close to the ancient city of Manavgat which is famous for its bazaars.
Off plan properties for sale in Side start from as little as GBP 30,000 for one bed one bathroom apartments on purpose built holiday complexes which comprise of communal facilities such as a pool and gardens and which are located just a few meters from the sea. You could rent out a 2 bedroom apartment in Side for between GBP 110 and GBP 130 a week during the long spring and summer season.
Villas for sale in Side are harder to find than apartments because the majority of new build developments comprise of holiday apartments. But not to worry, there’s still plenty of choice and you can expect to pay from as little as GBP 60,000 for small three bedroom villas which are perfect for letting out or holidaying in and for which you could expect to generate a weekly rental of between GBP 200 and GBP 225 a week. And villas go up as far as GBP 100,000 and beyond for something a little more substantial and suitable for full time living.
