Over the past decade, overseas property buyers have turned out to be much more adventurous with markets opening in the Baltic States, the Far, and the Middle East. On the other hand, the Mediterranean locations are still the leading destinations for the northern Europeans.
Before you ask any more questions, look at this picture and you will be half convinced.
A place worth a wallpaper view does not need introduction. Spain, the old favorite, still offers much for those who seek out the sun and a laid back way of living. On the other hand, costs have soared and are comparable with other European nations which make Mediterranean Turkey a must to be seriously looked at. New legislation newly passed allows the Turks much easier access to loans, which will, in no doubt, make the home market a lot more buoyant, in the past shrewd foreign investors have been quick to realize high property yields and in certain areas have seen their investments get doubled in a year or so.
Planning permission is rigorous, and the Turkish government is firm not to make the blunders that have occurred on the Costa’s in Spain. They often consult with Spanish authorities to ensure the expansion of resorts is tasteful as well as environment-friendly. It seems in most cases they are succeeding bearing in mind the difficulty in policing the amount of investment that is occurring on their Mediterranean and Aegean coasts.
As to properties, where and what to capitalize in, well that simply depends on your budget and taste, and it’s all to be found when you know where to look.
Perks on Offer
Antalya is a major city and province in the Mediterranean region that offers much for the investor, the selection of property obtainable is remarkable, and the superiority is in most cases high to fantastic considering the prices.
Within Antalya city are three distinctive areas wherein you should look. Lara to the east is chic and popular with sandy beaches, striking jagged cliffs, and prestigious hotels. Most of the property presented here is of high quality and highly desirable. Kaleici (the old town), a maze of winding lanes as well as streets lined with shops, small bazaars, and boutique hotels presents the property buyers something unique and different and is a must to be positioned on the viewing list. To the west of the metropolitan lies Konyaalti, well-known for its palm tree lined boulevard; the area is rich with reasonably priced properties.
November 12, 2016