There is growing interest in properties for sale in Turkey from the UK. Turkey is a vast country straddling Asia and Europe and has a refreshing mix of the Eastern and Western worlds.

Turkish property sales continue to boom further, fuelled by the Turkish government actively encouraging foreign buyers. The country offers great value for money and is a popular location for investors seeking a holiday home or buy-to-let premises.

Property prices are low and rank amongst the cheapest in Europe with the possibility of serious capital gains. Buying a property in Turkey also offers good potential for large rental incomes due to its vast tourism market and its popularity as a holiday destination.

It is a country of true beauty, breathtaking scenery and a vast choice of leisure activities to suit all lifestyles. Millions of pounds are being spent on tourism funding exciting new projects including new marinas and golf courses adding to the countries appeal.

Own it Abroad has a vast choice of hand picked new apartments, pent houses, villas, golf villas and beautiful homes in the most sought after regions of Alanya, Belek, Altinkum, and Akbuk. Please contact a member of our experienced International Property team for further information and guidance on purchasing a property in Turkey.

• Property prices in Turkey are low and some estimate prices have risen by as much as 40% in the last 12months suggesting the potential for major capital gains
• Property prices are approximately 70% lower than in Spain and Turkey is predicted to be the next Mediterranean hotspot
• It is estimated that Tureky has in excess of 300 days of sunshine a year
• Excellent prospects for buy-to-let properties due to thriving tourism market
• The purchasing process is simple and mortgages for foreign buyers can now be obtained
• Low cost of living. Turkish living costs are approximately 50% lower than in the UK and Ireland.
• Turkey has a low crime rate
• Good, modern internal transport infrastructure. Many international airlines fly to Turkey creating good links with the UK and the rest of the world. It is predicted that low cost airlines will soon tap in to the route.
• Turkey remains a relatively unspoilt country due to strict national and local planning laws banning any residential building over two storeys in height

Search our properties for sale in Turkey

Own it Abroad specialises in properties for sale in Alanya, Belek, Altinkum and Akbuk. These are amongst the most saught after places in Turkey. They are vibrant and cater for a broad spectrum of lifestyles.

The majority of the apartments and villas Own it Abroad have available are new projects. Whether you are considering buying a holiday home, an oasis to retire to or purely for investment, the capital growth on the property within a few months could be significant.

Last year property prices rose by 50% on certain developments. Due to the growing demand for properties in Turkey and the increase in tourism linked to rises in the number of airlines flying to Turkey, especially low cost airlines, prices are anticipated to rise further. Turkey is an EU candidate member, and full membership will also significantly increase prices in an already dynamic market.

Didim is a rapidly growing holiday resort which is completely different than what it used to be years ago. With its beautiful natural sandy beaches, ancient towns, excellent climate and long season the area attracts a large number of tourists all year round. Without the hustle and bustle of the busier coastal resorts Didim
gives you the chance to experience a total feeling of tranquility in a beautiful and relaxed atmosphere. Didim also has plenty of activities to offer including water sports; fishing, diving, sailing, nature and history. Didim has an historical richness - in ancient times Didim Harbour was connected with the famous Milet Temple with “Holly Road”, located amongst the Saints and Lions statues which are presented today in British Museums. One of the most magnificent temples of Hellenistic period was the Apollon Temple of Didim.

A golf area is now planned which will be located within the Akbuk and Didim Road which is in the Mercimek Area just 1 hour and 20 minutes from Bodrum Airport, 20 minutes from Altinkum and only 1 minute from the Beach. Didim Golf Course will feature an 18-hole golf course, driving range, putting green, 5 star hotel, restaurant and club house.

The area of Akbuk boasts phenomenal beauty with an unrivalled sunset over
the perfectly tranquil waters of the Aegean coast. It has become a popular area within the Real Estate industry due to its natural surroundings as well as its history. It used to be a small town where all fishermen caught delicious Aegean Sea bass, but now it is a rapidly growing tourism resort with its holiday complexes as well as summer houses, villas, harbor and hotels. In addition a new luxurious marina is under construction in Didim and is scheduled to open in the summer of 2009. The Marina will include amenities such as a shopping centre, swimming pool and fitness centre, Yacht Club and ferryboat.

The Turkish education is of a high standard since the system was restructured in 1997 to accommodate the vibrant and dynamic country. At present there is no charge for children that attend a state school. As in the UK education for children is compulsory. The secondary education system is for three years and is applied for after completing secondary school. In order for students to go to university they are required to pass an examination set by the universities. Approximately 1.5 million students apply to the Turkish universities each year and only around 250,000 pass the examinations that are very demanding.

With more people choosing to live in Turkey the government has opened up numerous international schools where English is spoken. There are also schools that cater for children with various special needs and requirements.

Two of the Seven Wonders of the World are located in Turkey; the Temple of Artemis in Efes and Mausoleum at Halicarnassus in Bodrum.

Modern Turkey has excellent marinas, extremely high quality hotels and restaurants, bustling food and clothes markets, top quality nightclubs, a fantastic climate with over 300 days of sunshine, and all the sport and leisure activities one can imagine.

Turkey has many beautiful beaches. It borders 3 major seas; the Black Sea to the north, the Aegean in the west and the Mediterranean in the south and has a coastline stretching for over 8,000 kilometres.

The coastline and mountainous regions must be explored. Great for treks, the views and scenery are incredible and there is much wildlife to be seen.

Belek is an area offering superb golf courses and is in close proximity to the ski resort Saklikent and the Mediterranean coastline. It is one of the few places in the world were you can wake-up to a swim in the warm turquoise sea, play a round of golf in the morning and then spend the afternoon skiing in the mountain ranges. Saklikent ski resort is open from December to mid April and has a snow depth between 0.5 -1 m.

Taxes and Legal aspects

It is very important to take independent legal advice before proceeding with the purchase of any property.

Below are listed some of the steps involved with the purchase process in Turkey:

The Right to Buy

Anyone who is a UK or Irish citizen is free to purchase property in Turkey, provided that it does not involve buying more than 30 hectares of land, and does not lie in a military restricted zone. There are other conditions also, and it is therefore recommended for a solicitor to carry out all necessary searches.

Tapu

The Tapu is the legal Title Deed in Turkey, and is your proof of ownership. Once a contract has been signed for a property it usually takes approximately 8 weeks for completion. The Tapu lists the name and address of the owner, purchase price, and also photographs. It is necessary to give a copy of a valid passport for inspection by the Turkish authorities. The Tapu can be signed in person in Turkey upon completion or a power of attorney can be arranged with your solicitor.

Taxes

A government tax is applicable when buying a property in Turkey, and is typically 3% of the purchase price (some new buildings may be exempt from this charge). There is an annual government tax also for property owners however this is very small, a fraction of 0.01%. With the agreement between the UK and Turkey any taxes that may apply in relation to income earned from the property through rent or gains made on re-sale are eligible for double taxation relief.

Money

There is full freedom to move your money into Turkey (the currency is Turkish lira). The proceeds of any sale will be in the local currency but can be immediately converted and released back out of Turkey to your desired account.

Cost of Living