5 REASONS WHY YOU SHOULD CONSIDER BUYING A PROPERTY IN TURKEY

When I first went to Istanbul on a family vacation, I was too busy site seeing and shopping to consider living here. The second time I got the time to ponder a bit and just let it all sink in. Soon I was telling myself that it is pretty much the best of both worlds and I want to come back. 

Turkey is as diverse as it can be, having so much to offer that one can literally pick and choose what they want to do and where they want to do it. Whether you want to make it a holiday destination or a permanent residence, a house in Turkey can come in handy in many ways.  There are several potential benefits to buying a house in Turkey. Here are a few:

1. Affordable prices

Property prices here are generally lower than those in many other countries, especially in popular tourist destinations like Istanbul, Antalya and Izmir. This can make it an attractive option for those looking to buy a house at a more affordable price. 

2. Strong Rental Market

If you are planning to buy a house as an investment, Turkey’s strong rental market can provide you with a good return. The country’s growing tourism means there is a high demand for rental properties, especially in tourist areas.

3. Attractive Location

Turkey is a beautiful country, known not just for her rich history and culture but also its stunning coastline, picturesque beaches and world-class ski resorts. This makes it an appealing destination for both vacationers and those looking to relocate permanently.

4. Favourable Exchange Rates

The Turkish lira, has traditionally been weaker than many other major currencies, which can make it a smart option for foreign buyers to invest here.

5. Good Value for Money

In general, Turkey offers good value for money compared to many other countries. The cost of living is relatively low, which means you can get more for your money when it comes to things like housing, food and entertainment.

Having stated that, it is important to keep in mind that buying a house in a country involves a significant financial commitment therefore it is recommended to carefully consider all the factors before deciding. It is always a good idea to do your research and seek professional advice before making a purchase.