Top 3 Cities in Turkey for Fruitful Property Investments

clayton clive By clayton clive, 20th Jun 2016 | Follow this author | RSS Feed | Short URL http://nut.bz/2932c-wx/
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Based on the research by the Global Housing Price Index, the price escalation seen by the Real estate business of Turkey is an incredible 18.5 % and that too merely in the second quarter of the year 2015

Top 3 Cities in Turkey for Fruitful Property Investments

Turkey, one of the most popular countries in the world is situated in crosshairs of Asia and Europe. Its charisma lies somewhere between its dazzling landscapes, rich history and cheerful locals. With a population of around 80 million, the country consists of a large number of young people. Its fast developing real estate industry with high rate of returns makes it an ideal destination for investors from world over to come and participate.

Based on the research by the Global Housing Price Index, the price escalation seen by the Real estate business of Turkey is an incredible 18.5 % and that too merely in the second quarter of the year 2015. This rapidly growing real estate business of Turkey has placed it second, after Hong Kong, in the list of places with high performing real estate business.

Mentioned below are the 3 major cities in Turkey that are in big demand amongst the investor community. These cities are:

Istanbul: One of the most renowned cities in the world, Istanbul is also the biggest city of Turkey. This wonderful city is experiencing an increased foreign investment and new commercial activities that are generating some great investment opportunities in both the residential and commercial properties. Some of the best places that are widely considered for investment in Istanbul include Beyoglu, Nisantasi, Taksim, Bebek, Galata and Karakoy.

Fethiye: Located on the Mediterranean coast, Fethiye is considered as the Jewel of the Mediterranean. A large number of British expats have already invested in properties here. The price, excellent transport network and mesmerizing scenic views are the major reasons that attract a number of people to make an investment in this beautiful city.

Antalya: Antalya is the second most popular and frequently visited holiday destination in Turkey. It also has one of the busiest airports in the country. A good transport network, abundance of shopping malls and great commercial property entices a large number of property buyers towards the city. Furthermore, the ripple effect of strong tourism market of Antalya is also one key reason of surging property prices across other cities of Turkey .

The investment experts of Turkey suggest that the real estate is the ideal vehicle at the moment for receiving big payoffs. They are also optimistic that for the foreseeable future it is expected to remain lucrative. So, if you are planning to buy a house, apartment, holiday home, villa, flat or any other property Turkey, there might not be any better time than now to make an investment.

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Property, Property Investment, Property Management

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