As the prices in
European countries gets
higher, Turkey provides
a good strategic
investment for investors
wanting to buy property
in a sunny climate with
close proximity to the
sea.
According to local
estate agents, property
prices on the Aegean are
still much lower than
the EU average.
Destinations such as
Altinkum, Didim, Akbuk,
Bodrum & Izmir are
becoming increasingly
popular among foreign
purchasers, as more
people find the
affordable prices and a
fairly efficient buying
process. The Aegean
Coast has a perfect
climate all year round
and is perfect for
relaxing on sandy
beaches or enjoying the
tranquillity of
mountains and lakes.
|
|
|
The Aegean Coast
Since June 2003, when Turkey
opened up its real estate market to foreign buyers, it is
thought that more than 25,000 foreigners had purchased land
for residential or commercial development. Hoping to become
an EU member within the next decade, Turkey still benefits
from lower property prices, relative political stability and
it proximity to the financial strength of Western Europe. Be
aware that there is still no developed mortgage system
serving foreign clients and ensure that the property you are
considering is located in an area when foreigners can buy.
In south western Turkey
where the Aegean Sea meets the Mediterranean, one can’t be
disappointed by the beauty, mild climate and abundance of
history found along Turkey’s Aegean coast. The clear waters
and beautiful beaches surrounded by olive groves and
pinewoods can’t help but attract sports enthusiasts and
nature lovers alike.
With Izmir as the gateway to
the Aegean region and the third largest city in Turkey, it
is a cosmopolitan and lively city all year round with an
International Arts Festival taking place each summer. The
Izmir region stretches from Foça in the north, to Kusadasi
and Söke in the south. Heading south along the coast, the
popular Bodrum-Marmaris Region is known for the beauty of
the Bodrum peninsula and the “Golden Sands” of Altinkum’s
beaches. A few minutes outside Altinkum is Didim (Didyma)
where the ruins of the famous Apollo Temple are found., as
well as the daily ferries or hydrofoils that travel across
to the islands of Rhodes and Kos. Along the coast,
idyllic fishing harbours, popular holiday resorts and
ancient ruins from over 5,000 years of history make the
Aegean Coast a place you’ll want to return again and again.
|
