Why Have Holiday Homes In Turkey Become So Popular?

Holiday Homes In Turkey

There is little denying the fact that more and more Brits are purchasing property abroad. But, why have holiday homes in Turkey in particular become so popular over the past few years? The Mediterranean haven is rivalling the likes of Spain, France and Cyprus in the popularity stakes, and below we discuss why.

There are numerous reasons why property for sale in Turkey has become so popular with foreign investors. Let’s start with the obvious; the appeal Turkey has as a tourist destination. It offers a warm climate, plenty of tourist attractions, and lots of culture and history. Lots of Brits go to Turkey for their holidays, as it is easy to get to from a number of airports in the UK, and it offers great value for money too. Therefore, if you buy a property in Turkey as a holiday home, and rent it out for the time that you are not there, you know that there is always going to be interest. According to statistics revealed by Knight Frank, house prices in Turkey increased the most in between the third-quarter of 2014 and the third-quarter of 2015. Despite this, property prices in Turkey are much lower when compared with other European hotspots. What this is means is that you have an excellent opportunity to make a significant amount of profit when buying apartments or villas for sale in Turkey. If you buy a property today, it is highly likely that it’s going to be worth a lot more in five years time.

There are many more benefits associated with holiday homes in Turkey. Don’t only look at it from an investment standpoint; consider the enjoyment you are going to get from the property too. As mentioned earlier, there is a lot to love about Turkey, and it is cheap and easy to get to from the UK. This means you will be able to have as many holidays as your work life will allow. Owning a house in America, for example, may sound great, but how often are you going to get to go there? Even convenient countries in Europe can prove troublesome if there aren’t regular flights. Aside from the wonderful climate, abundance of tourist attractions, value for money, and profit potential, Turkey also has something for all budgets. You could opt for an expensive Istanbul property bang in the city centre, or you could go for an apartment on the outskirts of one of the big cities or tourist areas. Plus, with a holiday home in Turkey, you now have the option to move there whenever you wish. How amazing would it be to retire in a place with endless sunshine and a relaxed style of living?

When you take all of the points that have been mentioned above into consideration, it is not difficult to see why holiday homes in Turkey have become so popular with Brits. Plus, there is no time like the present to invest, considering the profit potential and value for money available.