Buying in Kusadasi Turkey
January 29, 2011 by Kusadasi · Leave a Comment
For a lot of people, buying an overseas home or a commercial property for investment purposes is one of the biggest and most important decisions we will ever make. It can be vere frightening. On the other hand, everyday we hear about ordinary people taking equity from their properties, cashing in in their pension and stock investments, borrowwing money from the banks or relatives to be able to buy a litt piece of vacation home abroad.
Turkey is one of these emerging property markets which became a dream country to invest for many investors. As well as being an excellent holiday destination, the country offers properties at competitive prices and is ideal for those who can no longer afford traditional holiday areas such as Spain or Portugal.
Turkey boasts one of the world’s fastest-growing economies, and inflation has been at its lowest for the last 37 years. Properties bought by investors appreciated at around 10-15% year over year. Since EU accession talks started, investors started to see a bigger potential in real estate and business investment in Turkey for the long term.
Even though current global economical decline affected property values, it has also generated a great potential to invest at these low prices. This might be the perfect time.
Turkey offers a great mediterranean climate with about 7 months of sunshine with great turquoise coastline. Popularity of Turkey is increasing every year and demand for real estate investment increase steadily.
Especially resorts with close by airports are the most popular. Izmir, Bodrum, Dalaman and Antalya airports makes traveling around Turkey and the coastline very easy. They are open all year around.
Marmaris, Icmeler, Turunc, Dalyan, Fethiye, Oludeniz, Altinkum, Gocek, Didim, Bodrum etc. are great town to be buying real estate because of their popularity, natire and closeness to the airports.