Turkish Homes and House for Sale in Turkey
Houses in Turkey became available to non-nationals in July 2003. At this time various restrictions were in place to ensure there was a limit to foreign ownership. However, after 2 years, over 12,000 homes in Turkey and more than 2500 plots of land had been bought by foreign investors who were quick to capitalise upon the opportunity. In 2005 the laws relating to Turkey home ownership were reviewed and many restrictions were lifted to support the increasing foreign investment.
Data released at the end of 2008 showed that over 73,103 private investors had bought Turkish houses and land over the 6 year period. Since that time Turkish homes have only increased in popularity taking advantage of favourable exchange rates and offering better value alternatives to the rest of Europe.
Houses for sale in Turkey are not only high quality and great value for money but they are centrally positioned to attract investors from all across Europe and the Middle East. One area in particular that attracts huge levels of investment is Bodrum. Turkish holiday homes in Bodrum do extremely well on the holiday-let market attracting tourism because of the stunning costal scenery, relaxed lifestyle and low cost of living. Furthermore, there have been huge levels of government investment into the area’s infrastructure to make buying a house in Turkey all the more attractive to investor
