Property in Turkey
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Antalya
Antalya Region
Alanya Very popular home buyer destination with a wide spectrum of properties available, from cheap apartments in very touristy areas to high specification individual luxury villas. Alanya is very popular for visitors and property buyers from Russia, Scandinavia, German Dutch and a good level of UK property buyers.
It is still possible to pick up flats for sale at under £30,000 but for decent quality and properties located in the best areas expect to pay around £50,000 plus, villas can be purchased for prices just over the £100,000 level but realistically again for a private villa with pool on a good development £150,000 and upwards is a more realistic price.
There are many properties for sale in Alanya and certainly offers a good choice to the holiday home buyer, with a good location including many with stunning sea views and close proximity to the nightlife and restaurants. Some of the popular areas to buy include Alanya Avsallar, Demirtas, Kestel Gazipasa, Türkler, Konakli, , Tosmur, Oba, Obagöl, Mahmutlar, Kargicak, ilöz and YesIncekum
Proximity to the main airport serving buyers and visitors is Antalya which is around an hour and a half away the big advantage for holiday home buyers is the all year round flights availability. There is also the Gazipasa Airport for flights which at present do not offer direct flights from the UK but it is only a matter of time before they become available.
Antalya City
A very popular place to buy properties with Konyalti and Lara the main resort areas for holiday homes but also popular with local property buyers and renters. Lara Beach having some very exclusive developments and high end properties. The majority of property available are apartments and a good number are of high rise flats where the low level building controls around areas such as the Bodrum peninsula are not in place but it can provide some stunning true penthouse apartments in buildings with 15 or more floors with prices in excess of one million pounds or the small holiday home garden flats around the £100,000 price mark, not a cheap area but offers close proximity to the main city and all its nightlife and large shopping centres.
Konyalti properties are priced lower in the main with a large choice of apartments where you can still buy from just over £40,000 for a 1 bedroom apartment but realistically for a decent sized apartment in a good location and sea views expect to pay in excess of £70,000. Very much a flat landscape so makes a good place to buy for retiring property buyers with lots of facilities and long sandy beaches, good healthcare facilities makes this a popular and affordable option for buying a property in Turkey. Not for those who are wanting a private secluded villa with no neighbours but with its close proximity to the airport and services and amenities it Is not hard to see why this area is popular with tourists and provides property buyers with good opportunities for a rental return on their investment.
Kemer
Well established purpose built and at the top end price wise than the other Antalya Region resorts, with its marina and backdrop or the Tuarus mountains with lots of all types of beaches it has a strong pull for property buyers wanting to escape the city of nearby Antalya yet still be within easy reach. Here you will find much apartment developments with good facilities, large communal swimming pools and also more complex developments of villas with the prospect of having your own private swimming pool built. Prices for properties range from a minimum of £70,000 for a small apartment to villas starting form £150,000 on a complex with communal pool. It also offers some good choice of having your own villa built on a private plot away from the complexes on the front of Kemer back to wards the mountains and forests where a individual built villa on large plot including build costs can get you a spacious 4 bedroom with private pool from £300,000. There are many restaurants and tourist places but all with a bit
more refinement than the other areas of the Antalya region. For property buyers it can offer a get away from it all but still be within reasonable distance for all the amenities. Another place that offers good prospects for people wishing to have a retirement property with good all year round weather and facilities available.
Belek
The golf region of Turkey and has mainly complex developments available for the property buyers while the majority of complexes do not offer sea views it is very popular for holiday makes and golfing tourists which in turn give good prospects for rental returns for property investors. It has a lack of restaurant choices as this area has some of the very large upmarket lavish hotels that offer all inclusive holidays reducing the need for restaurants.
Prices for the area depend very much on the quality of build apartments are available form around £50,000 but for the best builds expect to pay £60,000 plus with villas on complexes around £200,000 for a large villa. Also others are many opportunities to have your own villa built on your own plot with an all inclusive build price form £250,000. Belek because of tit close proximity and short airport transfer times is very popular for holiday home buyers and some of the complex developments can have some of the best facilities on site without the need to ever leave and this is proving very attractive for the retirement market and home based property buyer swishing to work from their home in Turkey.
Because of the golf it does have a much longer rental season and many groups of property investors are pooling resources to buy a golf home together. Although the golf is the main attraction it is only 10 minutes for wonderful mile after mile of long sandy beaches with most good developers offering free shuttle services throughout the year The poor quality developments have suffered as buyers have become more selective and
Side
The jewel in the crown for the region, with a lot of property options and close proximity to the golf region of Belek it offers much more though in terms of facilities and amenities for holiday home and permanent home buyers, whilst some development sin the area are of poor quality there are many good developers who build to a very high specification. If someone is looking for a property that has exceptional build quality then this offers more than most. It also has a good selection of very modern contemporary apartments built to attract the buyers form the UK and the rest of Northern Europeans tastes.
Prices in the area of side are very good value especially when you look at the build quality you can get from some of the developers which is very much at the top end and more than comparable to the best of other European developers. For apartments of the highest quality expect to pay around £80,000 and for duplexes with 3 bedrooms and 2 bathrooms prices are around £150,000 upwards. In this area though for property buyers there are some developers able to offer very attractive payment terms and mortgage options, deposits of 25% and nothing else to pay until completion which shows the financial strength of the company that can do this as most developers have to rely on payments from buyers to be able to complete a project usually as much as 70% payable before completion. Other payment options available from the better developers are off-plan mortgages which are unusual at this present time in Turkey but can be obtained with favourable mortgage rates around 5%.
Although there are some resale properties on the market it is still very much a new home buyers place and not too many resale’s are available, which really shows that buyers of property in the area do buy because and keep as Side really is the place to buy.
With Airport transfers of just 35 minutes then when visiting your holiday property is a big plus and a big aspect for potential rental clients if you have purchased with an investments return in mind then this location is very much the place to be. In the real estate market in side although there are many developments available they sell very well and it has continues throughout the last two years to do so, however in 2010 properties and the interest is probably at an all time high with anyone who is considering buying this is definitely the right time to purchase a property in Turkey and anyone who decides to leave and put off the purchase will notice a considerable difference in property prices in one or two years time as price increase are likely to bring the cost up to the levels of other overseas property markets in the Mediterranean. side may be a bit more select but prices are still considerably lower than the likes of the select areas of Spain, Greece, Portugal and Italy and it offers considerably more scope to catch up to these property markets the other aspect is the Turkish Lira against the Euro which not just gives value when buying your property, when you visit your holiday home you will find the cost of living considerably lower than the Eurozone.
Kalkan
The first place that property in Turkey for sale is looked at by the overseas property buyer looking for high quality detached villas and penthouse and spacious duplex apartments. A well established property real estate market, although suffered recently with the collapse in the worldwide property. When looking to buy property in Kalkan whether it is a a first time buyer or a property investor looking to add to your property portfolio Kalkan is an excellent place to buy a property in Turkey as the holiday rental market is very much a well established and area where there is a shortage still of good quality rental property fro the ever increasing visiting tourists. The main areas of one of the most popular areas with in kalkan to buy for holiday investment is the Kalamar area and its Bay which has many property options form Detached villas, semi –detached villas, Duplex apartments and Penthouse properties. Prices in general for this location are usually lower in price than the marina, old town and Kisla area‘s where property prices can be usually higher. For property buyers it is important to ensure that the house especially if out of the main town that the title deed (Tapu ) is in place and full planning and habitation is in place as it is not un heard for certain estate agents to sell what may appear a bargain property to be not quite the bargain after all. In deed the problem can become apparent if a mortgage is required as no mortgage would be possible. However there are many correctly titled properties and some stunning new off-plan contemporary modern designer properties in the £300,000 -£750,000 price bracket that come with stunning views out over the Mediterranean and if the same designed house was to be sold in Spain, Portugal then the price could be quite easily 3 or 4 times the price. A property for sale in Kalkan is not the cheap end of the Turkish property market but it does offer some bargain property with the right guidance and local knowledge. Properties for sale start from as little as £60,000 for a 1 bedroom apartment but realistically speaking s expect to pay £80,000 plus for a well positioned apartment in a good development and for villas whether detached or semi-detached there is a hug e price difference as you can find resale villas for less than £200,000 to well over a million. Kalkan is known for its spectacular individual architect designed villas with stunning views with infinity pools, Italian designer kitchens incorporating top of the range Siemens and Miele appliances, luxuriously fitted out bathrooms with Villeroy & Boch bathrooms very much the standard for fittings. All properties come usually as standard with air conditioning as an absolute essential as properties can really feel the heat in the height of the summer season. As a long term place to live for property buyers looking to move and set up home then in recent years Kalkan has started to attract more and more long term residents as Kalkan has moved on from the sleepy fishing village and small collection of town houses to a place that now stays open all year round with its many high quality restaurants and bars and definitely not cheap and cheerful holiday resort but very much regarded as quite refined and this is reflected in the property prices on offer.
Kas
Just along the coast form Kalkan and the property market here is very much more mixed than kalkan and has a much larger contingent of Turkish nationals who buy property here, having quite a few restrictions in place for overseas property buyers and realistically unless buying in the town or the Kas peninsula very much a case of buyer beware. In the outlying areas away from the main town many properties are built on land where no planning I sin place. With the new marina now fully operational in 2010 summer this is having a positive affect on property prices and the already high value Kas Peninsula properties starting from £400,000 could very well soon be having starting prices of detached villas at £600,000. In the town area of Kas there are some older style town houses or apartments for sale offering some properties with real charm and character if this type of style appeals, prices here for a typical 2 bedroom charter semi detached cottage can be in the £90,000 price bracket but remember to check the Tapu and to see the planning consent for division of a property into multiple dwellings. Although a growing Town Kas still has the disadvantage for property buyers of been a good drive well over 2 hours from the airport in Dalaman, but with the new regional airport planned for the area this is certain to have a big impact on property prices and could well see considerable rises in the short term. A big feature of new villa complexes which are usually small select developments are the planning requirements to be built in the local stone and be of the more traditional style as opposed to Kalkan which has many of the Modern Contemporary designer villas available down the road..
For More Information
+(44) 20 8343 0085
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info@propertysunturkey.com
+(44) 20 8343 0085
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info@propertysunturkey.com
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