Why Should You Invest in Turkish Beachfront Properties
One of the best things about Turkey has to be the expanse of coastline the country boasts.
Who doesn’t love themselves a beachfront property?
Whether you’re a seasoned investor looking for real estate properties you can make money out of or someone who wishes to just own a profitable property in a foreign land – it doesn’t get any better than the beachfront properties in Turkey.
It is no surprise that the Turkish real estate market has been on a boom for the past couple of years. The same is expected to improve and flourish further, given the pace at which this real estate market is growing at. Properties that provide direct access to the sea are just one of the much larger palette of property types that Turkey has to offer when it comes to real estate.
The country has recently introduced a number of policies to encourage overseas investment in the Turkish real estate. So, being an overseas investor, what do these beachfront properties in Turkey hold for you?
Let’s find out:
You Can Apply for Resident Status
Since Turkey abolished the reciprocity requirement, it has become easier for overseas investors to gain resident status in the country. All right, we agree that this benefit is attached to the purchase of any property registered in your name, but this is a huge advantage that we just can’t overlook even if we’re strictly talking about the Turkish beachfront properties.
Beachfront Properties are Always in Demand
Turkey is one of the most popular tourist destinations. People from everywhere around the world visit this amazing country for the diverse cultural, architectural, and historic attractions it offers. But, there is one more thing that makes Turkey so popular – the beaches. Some people visit Turkey just for the beaches.
Who would mind the opportunity to take a dip into the crystal clear Mediterranean waters that they can easily access at a minute’s walk away from where they’re staying? We know we wouldn’t, along with a ton of other tourists in the country. This is where your seafront property can really mint some good money as a vacation property.
The Options are Vast
Bodrum, Istanbul, Antalya – choose the city you like – all of them offer exclusive beachfront real estate. Although the prices may vary greatly depending on the nearby facilities or the city you choose, you can always find idyllic locations and some of the best properties you’ve ever come across on the Turkish strip. You just need to know where to look for them – or rather, who can find them for you.
It’s the Cheapest Beachfront Property You’ll Find Across Europe
Well, we’re not going to sugar coat it for you. Beachfront properties rank among the most expensive properties in Turkey. You can find everything from apartment and condos to villas and beach homes once you begin looking for the right beachfront property. These properties will cost you anywhere between €85,000 and €550,000. The property prices depend on the type and location of the property. However, the amount you pay for them is still a lot less than what you’d pay for similar properties in rest of Europe!
Isn’t that reason enough to invest in a beachfront property in Turkey?