Villas in Turkey
There are so many things to say about villas in Turkey that it is hard to know where to begin. Turkey is one of the top choices for British holidays, and for British property purchases, in fact according to the latest data Brits have made 30% of all foreign purchases in Turkey, making them the dominant buyer group.
However, we all know of the British love affair for the all inclusive cheap holiday deal, and also that Brits love a bargain, especially when it comes to property. Combine the two and you have a lot of Brits buying Turkish apartments.
However, in recent months, and very much by the design of the Turkish tourism authorities the luxury segment is starting to take off, and the number of foreigners buying Turkish villas as oppose to apartments has grown considerably.
Value for Money
No one can argue with the value for money villas in Turkey bring to the table. The cheapest villas in Turkey we have at the moment are available from just £64k. For that you get a 130 square meters of top class Turkish living; communal pool, fully furnished, 3 bedrooms, 2 bathrooms, 130 sqm, and just walking distance from the sea.
For those who like their privacy and have a bigger budget to get it we have the Bay View Detached Resale Villa For Sale In Ciftlik, Fethiye
at £139,950. The pictures for this really set the scene of an incredible second or holiday home. Fethiye is one of the top coastal holiday locations in Turkey, and for less than £140 you can own a 150sqm 3 bed 3 bath furnished villa with private pool private gardens, balconies on both levels overlooking the pool, and a large poolside terrace, not to mention mountain views -- spectacular.
But the best thing about Turkish villas is that they are villas, in Turkey. Right now Turkey is one of the hottest emerging markets in Europe, meaning that the low prices of Turkish property not only represents great value for money, but also undervalued property. Recent research by the Global Property Guide found that Turkey property is indeed undervalued, which means prices are lower than rental costs over a year.
Owners of villas in the country benefit from the massively strong tourism market, and regularly earn yields of between 6-9 percent. At the same time the population of Turkey is growing almost as rapidly in affluence as it is in numbers