Сoastal properties in Turkey

Real estate on the coast of Turkey: A brief overview of prices

The Turkish real estate market is quite wide. The most popular real estate on the Mediterranean coast is in Alanya, Antalya, Mersin and Kemer. There is really a lot to choose from. Real estate developers build a lot and at the same time qualitatively, almost according to the European model. For sale there are apartments and houses of different size and layout, surrounded by huge equipped land plots of the villa. The infrastructure of new multi-storey buildings and their adjacent territory also deserves praise.

On what terms can I buy a property from a developer on the seashore in Turkey?

A deal to acquire an already built facility is less risky. But, at the same time, having taken possession, you will have to spend money on repairing or reconstructing the apartment. New housing in Turkey by the sea can be purchased directly from the developer as part of shared financial participation in its construction. The price has become more expensive. As before, you can no longer buy for 30-40 thousand in popular areas. Now an apartment by the sea will cost from 80,000 euros. Even more expensive housing in Bodrum, Fethiye, Kalkan. Real estate on the Aegean coast will cost from 150,000 euros. Real estate prices on the Aegean coast are higher than in Mersin, Alanya and Antalya.

By the way, Turkish banks make it possible to take out a mortgage. A real estate loan will provide guarantees that you will not be deceived and will actually get ownership of housing, but at the same time you will need to sacrifice a fairly substantial fee for its use in the form of interest payments. In addition, you need to be ready to pay part of the cost yourself at once. Also, some developers may offer a service in the form of installment payments.

In which real estate is it better to invest capital?
Buying a house in Turkey by the sea can be considered as a profitable investment. Given the recent political events and the efforts of the Turks to improve the investment climate, such an investment is promising. The best option for such an investment would be to buy inexpensive housing in large cities by the sea (Antalya, Alanya, Kemer and Istanbul), since it is here that the maximum growth rates of its value are observed, in addition, it is easier to sell housing there.

More details about the "pros" and "cons" of acquisition - Buying real estate in Turkey: pros and cons.

Prices for Turkish real estate by the sea
They are very different. The Turkish real estate market by the sea gives a palette from inexpensive to luxury real estate. It all depends on its location, area, amenities and year of construction. Buyers from CIS countries often choose small one- or two–room apartments in large cities, in new buildings - they are relatively inexpensive, they are easier to sell later, in addition, they are the best option for a temporary stay in the country (they are most often rented by tourists). The minimum price for real estate by the sea from the developer is from 70 thousand euros.

Still wondering "how much is an apartment in Turkey by the sea?", then read our review of the cost of real estate in Turkey.

Who will help with the purchase of housing?
The sale of housing in Turkey is often carried out through the mediation of real estate firms and real estate agents. They will help you in many ways and make your task much easier, but at the same time be vigilant if you want to find a worthwhile option and not overpay.

Tip – do not look at more than 2 objects in one day and do not combine rest with shopping, do what you came for. After studying the market, if you have already looked at the object, do not delay with the purchase, since Turkish real estate, especially from the developer, is like hot cakes - it diverges instantly.