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Property Home arrow Turkey arrow Luxury property for sale Turkey

Luxury property for sale Turkey

A very attractive destination for Brits looking to a buy a home in the sun Turkey has a similar climate to Spain but property prices are in general much cheaper. Fantastic beaches along an enormous coastline Turkey really is a great holiday destination.
Turkey is slightly larger than Texas in the USA and larger than France and UK put together with a population in excess of 70 million, so plenty of spaces to explore.
Did you know that Turkey was among the few countries in the world in 1934 to give woman the right to vote. Istanbul is the only city in the world to be situated on two continents. It has in the past been the capital of three great empires – The Roman Empire, The Byzantine Empire and The Ottoman Empire.

Capital: Ankara 
Population: 70 million plus
Time: GMT +2
Dialing: 90
Currency: New Turkish Lira (YTL)

Climate: 
A real Mediterranean type climate with hot dry summers and mild winters. Turkey is an ideal holiday destination.

Getting There:
There are various low-cost airline flights to Turkey, especially during the summer holiday season. Thomas Cook, British Airways, Easy Jet, Excel Airways, First Choice Airlines and Monarch Air there is a lot of low cost options.

Special Features:
The country straddles two continents, Europe and Asia, between three seas, The Aegean, The Mediterranean and The Black Sea.

Buying Property in Turkey:
The Turkish people are amongst the most hospitable in the world you will be made to feel welcome from the moment you arrive. Tourist numbers continue to grow making this a serious destination with great potential for investing in property. There are plenty of beautiful locations along the coast in the southern Aegean and Mediterranean areas and the good news is that property is still affordable even in the most popular areas, starting as low as £14,000. According to the law foreign nationals are able to buy real estate in Turkey on the conditions of being reciprocal and complying with legal restrictions. There is a reciprocity agreement between the United Kingdom and Turkey regarding real estate acquisition.

In general, properties in Turkey are Freehold type and not Leasehold. Property prices have steadily been increasing and it is possible to find something for €30.000 plus

As in the UK or anywhere else in the World property prices depend upon location, quality of construction and demand. In real terms foreigners can only own up to a maximum of 2.5 hectares (25,000 m2) of land and property. Upon application the Council of Ministers may use its discretion to increase this threshold to a maximum of 30 hectares (300,000m2) providing this figure does not exceed a total of 0.5% of the land area of the province in question.
In real terms foreigners can only own up to a maximum of 2.5 hectares (25,000 m2) of land and property. Upon application the Council of Ministers may use its discretion to increase this threshold to a maximum of 30 hectares (300,000m2) providing this figure does not exceed a total of 0.5% of the land area of the province in question.