The global economic downturn had led to a huge shift in attitude towards overseas property investment, with many choosing to hold off until economies show signs of improvement. However, the Turkish property market seems to have defied this trend, continuing to flourish despite the negative impact felt by other countries. A number of possible reasons for this have been indentified.

Turkey’s economic and political circumstances have undoubtedly contributed to the country’s growing property market. Mediterranean destinations once popular with tourists and property investors have been somewhat shunned as people consider alternative non-eurozone locations, where they’ll get more for their pound. Turkey’s tourism has benefitted significantly from this change, and investors have turned their attention accordingly.

Turkey’s application to the EU has also contributed to increased confidence in stability of the country’s economy. With property investors taking advantage of new government laws surrounding foreign property ownership as they make investment decisions; Turkey is starting to seem like the obvious choice.

Cheap flights lead to repeat visits, so Turkey has also seen the advantages of numerous budget airline routes to and from UK airports. This increased accessibility ensures continued rental income throughout the year – and when tourists arrive in Turkey, the low cost of living means they can eat, drink, shop and visit attractions without breaking the bank!

With such a wide range of destinations – cities like Istanbul and coastal resorts that offer visitors the opportunity to completely relax, as well as a unique blend of European and Asian cultures, there are also plenty of reasons for visitors to return again and again to Turkey, each time sampling the delights of a new part of the country. From Istanbul to Bodrum, Fethiye and Antalya, the Turkish tourism industry has wide appeal and caters to a variety of holiday maker’s requirements.

All this, coupled with an enviable Mediterranean climate – with almost year-round sunshine and scorching temperatures – there’s every reason for tourists to hold such high regard for Turkey…and where the tourists go, the property investors will follow as they cash in on rental opportunities. Flats, apartments, villas and traditional houses available to foreign investors mean that prices suit a range of budgets.

All of the factors described above serve to illustrate the varied reasons that demand for property in Turkey continues to rise despite a troubled global economy. If you’re considering overseas property investment, there’s huge potential across the country – whether you’re looking for a holiday home to make frequent trips to throughout the year, or if you’d like somewhere to provide you with an ongoing additional income.

The Villa Pine development is a select number of spacious villas located in the picturesque village of Uzumlu, just outside of the popular resorts of Olu Deniz and Fethiye.

These spacious villas are all designed and built to the very highest standards, and come with a five year structural guarantee as standard. The four bedrooms all come with en-suite facilities ensuring these villas are the perfect accommodation for the family.

Downstairs the large open kitchens follow through into the spacious lounge and terrace areas, which include a feature fireplace and BBQ for entertaining. Outside, there is plenty of room for entertaining, and each villa is home to a large private swimming pool for you and your family.

Villa Pine – Location
The Villa Pine development is located in the beautiful hillside village of Uzumlu, and offer sweeping views of the surrounding countryside. Whilst the villas may be the overseas country retreat you’ve always dreamed of, they also benefit from close access to the popular resort towns of Fethiye and Olu Deniz, both just a short drive away.

The main Dalaman International Airport is just under one hours drive away.

Villa Pine – Features and facilities

• Air conditioning
• Private car parking
• BBQ area
• 5 year structural guarantee
• Open plan kitchen
• 4 bathrooms

Price – £164,000.00

>> More information on Villa Pines.

Lakestone Villas are luxurious properties with 4 bedrooms (two are en-suite), and 3 bathrooms. There is a big separate kitchen, a spacious lounge with a fireplace and a dining area. The 3 generously sized terraces offer a spectacular lake view. The total living space is 188 m2 including 56 m2 of terraces with a built-in BBQ. Overlooking the Akkaya Lake and set within six acres of landscaped gardens. Lakestone consists of just 27 villas.

Featuring the very best in Mediterranean design, this unique development properties set within their own landscaped gardens. Villa Angelica has four bedrooms and three bathrooms. Local stone, timber and granite reflect the time honoured local architecture, whilst generously sized, light filled rooms, top quality kitchens and contemporary bathrooms provide all the essentials of modern living. 

Every property is designed and built to a very high standard to take advantage of the setting and breathtaking views, whether it’s looking out from your balcony over the crystal waters of the turquoise lake or grouped around the swimming pool.

At the Lakes, the privacy and comfort of your own home has the added luxury of privileged access to the many leisure facilities on offer. A stunning waterfall restaurant, tennis courts, traditional leisure bar or just take a boat and drift leisurely across the lake.

Lakestone Villas – Location 
Akkaya is a year-round holiday community in the most beautiful surroundings, with villas and apartments scattered widely across a mountainside, amongst pine trees, olive groves and meadows, overlooking an emerald green lake.

Akkaya is Mediterranean Turkey at its most secluded and unspoilt, yet it is just 20 minutes from Dalaman international airport, which is now served by Easy Jet and year-round charter flights from the UK. It is also close to the new golf course at Sarigerme and excellent beaches, including the turtle beach at Iztuzu, while the marinas of Gocek are only 15 minutes away. The surrounding mountains are perfect for exploring on foot; and the area’s trails are ideal from mountain biking. There is fishing on the Akkaya Lake or white water rafting further upstream on the Dalaman River.

Lakestone Villas – Features and facilities
The facilities at Akkaya will be second-to-none with tennis courts, swimming pools, shops, a café and restaurant. During the season there will be a shuttle bus service to Dalaman and an English-speaking doctor on-site.

 Solar hot water system
 Private driveway
 Landscaped Gardens
 Fireplace
 Barbeque
 Laminated kitchen cabinets (colour and design may be chosen by the customer)
 Marble kitchen worktop
 Flooring – 1st quality Canakkale Ceramics
 Bathroom flooring and walls – 1st quality Canakkale Ceramics
 1st quality UPVC double glazed windows – some tilt and turn
 Flyscreens
 Steel entrance door
 MDF interior panel doors
 Decorative covings
 5 year construction guarantee
 Free furnishing service provided by our after-sales team
 24 Hour Security
 Garden Maintenance
 Pool Maintenance
 Maintenance of common Areas
 Monthly Maintenance Fee – £75

Lakestone Villas Price – £126,000

>> More information on the Lakestone Villas.

Think of buying a property in Turkey, and immediately destinations such as Oludeniz, Bodrum and Marmaris spring to mind. Traditional tourist destinations, where visitors have flocked in increasing numbers over the past few years. More recently however, there has been an increase in demand for larger properties situated away from the main resorts, as people look for their rural retreat. Peace and transquillity seem to be the key factors in peoples decision making process. On the back of this trend, there has been a considerable increase in demand for property in Hisaronu, the small resort located in the picturesque hillsides outside of Oludeniz.

Hisaronu offers an enticing mixture of stunning mountainside scenery, shops, bars and restaurants, whilst still allowing for access to the famous Oludeniz Lagoon, just a short bus ride away. Indeed, Hisaronu’s close proximity to the stunning blue waters of the Oludeniz beach have ensured its continuing popularity with the increasing numbers of tourist visitors to the region. Whilst offering access to the main beach via a short bus ride, the cooler climate in this beautiful Hillside resort has resulted in the town becoming an increasingly popular destination for nightime revellers, looking to escape the more intense heat found at sea level.

Although there has been some new development in the Hisaronu and Oludeniz region, the levels have been severely restricted due to the areas protected national park status. Subsequently, all new developments in the region are in considerable demand, resulting in sustained upward pressure on prices for property in Hisaronu and Oludeniz. Standards of construction throughout Turkey tend to be very high, and although due diligence should always be performed across all parties involved in the construction process, finished properties tend to be of a high standard thoughout.

Access to the resort at Hisaronu is usually via the superb new Dalaman International Airport, just over 50 minutes drive away. Previously a military airport, Dalaman has today become a hub for a large number of international, charter and low cost airlines looking to bring people into the region. Today, regular flights from Dalaman fly into around 20 airports throughout the UK on a regular basis. Subsequently, it is now possible to book return flights to Turkey from as little as £79.99 return.

A land steeped in history and tradition, Turkey is an intoxicating blend of eastern and western culture. Characterised by its unique position straddling continental Europe and Asia, Turkey is defined by its friendly people, stunning scenery and superb climate.

Attracted to the superb weather (Turkey averages around 300 days of sunshine each year) and stunning beaches, many overseas tourists have chosen to holiday in Turkey year after year. Indeed a large number of these visitors have now chosen to make Turkey their permanent home.

As in so many popular tourist destinations, there has been an increasing demand for property in Turkey in recent years, particularly within the popular tourist destinations such as Istanbul and the Mediterranean and Aegean resorts on the southern and western coasts. In fact, the real estate markets in many of these destinations have seen returns averaging 15 – 20% in recent years.

Despite its extensive history, Turkey is still a developing market for the travel industry, and only in recent years have the low cost airlines started to open up the budget routes which have resulted in the considerable increases in tourist numbers. Such is the increase in tourist demand that a number of new airports, such as the one at Dalaman, have been opened in recent years, solely to cater for the increased levels of overseas visitors to the region.

The fact that the tourist industry is able to rely heavily on a high percentage of returning visitors is undoubtedly one of the key considerations for investors choosing to purchase property in Turkey. Such is the growth in tourism in the region, that today Turkey has become one of the most popular tourist destinations, with increasing numbers of visitors from the major Russian and European travel markets. Given the increasing cost of the traditional Euro zone destinations such as Spain and Italy, it is likely that this trend will continue for the foreseeable future.

At a federal level, the Turkish government has placed considerable emphasis on foreign direct investment, and efforts to limit the level of prohibitive legislation on overseas companies have undoubtedly started to yield benefits. This legislative drawback, coupled with substantial marketing programs overseas, has resulted in an increasing number of companies looking to relocate offices and staff to Turkey.

The fact that Turkey is still a developing market is still acknowledged within the prices in its real estate market, and today property in Turkey represents excellent value for money, both for investors and people looking for a second home. This lower price of real estate, coupled with the low cost of living and lower taxes ensure that investing in property in Turkey is an attractive long term proposition.

Mark Burns is a Director of Offplanworld.tv, a real estate investment website specialising in overseas property and offering a wide range of Turkish property for sale.