The Investor's Guide to Turkey: Exploring Real Estate Opportunities While Traveling

It became possible to purchase real estate in Turkey inexpensively after the recent crisis in the country. The depreciation of the Turkish lira has led to lower prices throughout the country. Some objects have fallen in price by 60% if we consider their value in foreign currency. At the same time, prices for everything else, including building materials, went up. Experts believe that now is the best time to find properties for sale in Turkey for expats.

Turkey's best resorts for investment

Antalya. Antalya is the fifth most populous city in the country and the capital of tourism. Located in the south of the Republic, on the shores of the Mediterranean Sea. Antalya's economy is strong in addition to tourism, agriculture, and trade.

The main strengths of Antalya, according to SWOT analysis, are as follows:

• here are the most developed economic, demographic, and social spheres;
• the city has two famous beaches, Lara and Konyaalti;
• natural caves and ancient ruins attract travelers;
• the tourist season lasts 12 months;
• International and domestic airports, and two seaports.

Alanya. A small town belongs to the province of Antalya, located 135 km from the international airport. Vacationers love the sandy resorts of Turkey for the beaches of Alanya. There are no cold currents here, the sea is very warm, and the Taurus Mountains protect from the cold wind. Agriculture and tourism are the basis of the city's economy.

Kemer, Antalya province, 45 km southwest of Antalya. Located between the Taurus Mountains and the Mediterranean Sea. The beaches are sand and pebble. Tourism, agriculture, and livestock farming are the main occupations of the residents.

Belek. Belek is a small district of Serik district in Antalya Province. At one time, it was decided to build only luxury hotels on the 29 km long beaches of Belek. Agriculture and tourism are the sources of income for the region.

Side. The warmest resort in Turkey. It is located in the country's south, on a small peninsula. District of Manavgat district, Antalya province. The nearest airport is 78 km from the city. Tourists appreciate excellent sandy beaches and dry climate. Locals are engaged in agriculture and work in tourism. The full-flowing Manavgat River is conducive to cultivating fruits, vegetables, grains, and flowers.

Bodrum. Bodrum is located in the southwest of the country, on the shores of the Aegean Sea, and belongs to the province of Mugla.

Bodrum sounds like a brand. It is:

• vacation spot for Turkish and foreign celebrities;
• a place where business people make useful contacts;
• municipality with qualified personnel;
• international airport and seaport;
• proximity to Izmir, the third most populous city in Turkey.

Fethiye. Fethiye is a city on the shores of the Gulf of Fethiye in the western Mediterranean Sea. Belongs to the province of Mugla. The nearest airport is Dalaman, 48 km, and Antalya is 200 km. The hotels here are either elite or very simple. The economy relies on weaving, agriculture, forestry, mining and tourism.

Notes to future buyers

The country's laws do not restrict foreign businessmen; the registration and tax requirements for them are the same as for their citizens.

To decide which resorts in Turkey to pay attention to, first, it is worth identifying the purpose of the purchase. What is your priority - vacation, rental, or factory construction? Large cities have all the conditions for living, working, and studying. Life is in full swing there, regardless of the season. But living costs are also much higher. In small settlements on the coast, everything freezes in winter. However, for a relaxing holiday, small cities are preferable; clean sea air and the ability to move around the city simply on foot have obvious advantages. All that remains is to choose a place and make a profitable deal.

Turkey - historical sites and world-famous attractions

Turkey is a country with a rich history. Historical monuments, beautiful nature, historic sites, and world-famous attractions exist. Istanbul is a city that contains many historical sights of the Ottoman Empire; one of the main attractions is the Blue Mosque and Hagia Sophia.

Hagia Sophia in Istanbul. The cathedral was built in 537 and opens on Christmas Day. This is the largest Christian temple in the world. Construction of the cathedral lasted almost 6 years. All state revenues go to this "great construction project." According to Justinian's plans, the temple was supposed to be golden, but officials persuaded the ruler to build a marble version.

It is interesting that after construction, the temple remained Orthodox for 916 years. There was once a Catholic Church here. Then, Hagia Sophia was turned into a Muslim mosque, but for this, the cathedral had to be slightly rebuilt. Since 1935, there has been a museum here. The altar in the temple is definitely worth seeing. It is decorated with gold, real pearls, precious sapphires, and rubies. Be sure to check out the old frescoes.

The Blue Mosque stands opposite the Hagia Sophia, and Sultanahmet Square separates the two buildings. This stunning structure includes six minarets and a stunning cascading dome. The mosque is a relatively "young" building. Its construction was completed in 1609. According to the ideas of the young Sultan Ahmed I, it should be the most magnificent and luxurious. This is how the 19-year-old ruler wants to appease God.

Property in Turkey

Turkey offers a wide selection of real estate, from apartments in new buildings to villas on the seashore. The cost of real estate in Turkey is affordable, and the housing quality is excellent. Turkey also offers a citizenship program in exchange for real estate investment, which makes it even more attractive to investors, on Turk.Estate you have an opportunity to find the property that suits your dreams and wishes.