Turkish Property Hotspots

Because Turkey is such a vast, diverse and fascinating country, a nation which spans two continents, which borders eight nations and has a climate which has ever ranged from minus thirteen to plus forty degrees centigrade in one year, it’s fair to say that there are a wealth of locations to choose from when it comes to selecting your perfect piece of Turkish property!

In this article we’ll break down the current Turkish property hotspots for both investors seeking the best ROI from off-plan property as well as those wanting to secure a profitable jet-to-let or simply a fabulous home in the summer sunshine in Turkey.

Naturally Istanbul should be high on the list for any potential property investor.  The city is rapidly expanding, it is being invested into heavily and there is an intense demand for rental accommodation from an ever growing class of professional persons relocating to take up employment in this, one of the most exciting, fun, thrilling, historic and now affluent cities in the world.

If you’re an investor seeking buy-to-let opportunity with long term potential – consider buying property in Istanbul in Turkey.

For a location popular with both the jet-to-let investor as well as those seeking a holiday home which they can access easily and regularly what about Bodrum?  Not only is this one of the most popular resorts in the whole of Turkey, it is a location with an international airport on its doorstep and it is a location playing host to fantastic amenities and features such as fabulous shopping and fantastic nightlife…

Property in Bodrum in Turkey starts from around GBP 70,000 for a small but well facilitated apartment - and naturally prices rise as the location gets better and the build quality improves.

Bodrum is also an interesting resort because it attracts not only the typical British holiday maker, but because the resort is equally popular with Turkish tourists meaning there is a broader base of demand for property to buy and to rent giving a buyer a better exit strategy!

Altinkum is another location serviced by the airport at Bodrum meaning it has the accessibility necessary for both those wanting a holiday home and those hoping to attract the tourism rental market.  The town has lovely beaches and is growing in popularity meaning prices are still rising strongly so a buyer who can secure a good purchase price can also achieve the seemingly impossible – instant ROI!

If you’re a buyer seeking a scenic location, beautiful villas, decent beaches and you’re not too fussed about very easy accessibility or living through a pretty quiet off peak season period, then why not try Kalkan which is on the Western Mediterranean coast.  This is a favourite with the ShelterOffshore team because it is such a beautiful location with a stunning bay and there are plenty of fabulous villa properties to choose from.

And finally, if you’re just browsing the market or generally considering property in Turkey as a potential investment choice, remember that the better built, better located the property the easier it will be to rent it, resell it and the more likely it is that you will enjoy owning it.