Living in Turkey is like a step into the good old days – mixed with the best of modern

Traditionally, British people seeking a foreign investment with ‘a bit of sunshine’ bought foreign property mainly in European-Mediterranean countries such as Spain, France , Italy and Cyprus as well as US destinations like Florida and Los Angeles. However, not only has this demand increased prices, making property expensive but some of the areas have become saturated with British expats and the cost of living has risen which is not to everybody’s liking. Those who went for value for money in terms of property prices and cost of living are now looking elsewhere.

 

Turkey is becoming the new focus of interest. Southern Turkey offers all the same as the previously popular destinations, in terms of weather, but benefits from an extremely low cost of living, low crime rates, being outside of the credit crunch zone and outside of the expensive Euro and dollar zones. The local people are friendly and welcoming and English is widely spoken. Many experts compare the situation in Turkey currently to ‘Spain in the 1980s’ before prices began to rise.

 

In the safe hands of local experts

Didim Sun Properties – Caglak Construction Ltd (established 1987) are based in Altinkum Didim on Turkey’s beautiful Aegean coast (www.didimsun.com). Max Seyfioglu, sales manager at Didim Sun Properties – Caglak Construction Ltd tells us that thousands of foreign buyers have already purchased a home in the sun in Altinkum Didim in the last 6 years, since foreigners were first allowed to buy property in Turkey. In Altinkum Didim, the British are the largest group of foreign buyers, but there are many nationalities present in the area as more and more nationalities come to the area and see the benefits for themselves. With prices from £19,500, there is something for every budget and every taste in Altinkum Didim.

 

Didim Sun Properties even offer potential buyers a subsidized property viewing visit for a few days to see the area and see property that meets their investment criteria. For details of the subsidized property viewing trips, please look at their website at www.didimsun.com

 

Mortgages available for all

Mortgage laws were passed in 2007 to enable mortgages to nationals and foreign buyers from Turkish banks.  In contrast to the credit crunch zones of the USA , the UK and now central Europe, mortgages are still quite easily available from Turkish banks, so long as the applicant has a 25% or 50% deposit and has proof of income in their home country.

 

‘Despite an increase in property supply in recent years, there is still a large demand from the domestic and foreign markets’, says Max, sales manager at Didim Sun Properties. ‘In fact, many investors, buy-to-let in Turkey as the average Turkish family cannot afford to buy and have to seek property to rent in which market, demand outstrips supply’, he adds but with such low property prices and an average domestic rental producing between 5% and 8% rental return, 52 weeks of the year, the foreign investors are liking what they see. This is in addition to the rising property prices.

 

Weather ‘to die for’

“Summer in Altinkum Didim, stretches from March to November!” Max says.  “We only really have 2 seasons in Didim – summer and winter. The winter isn’t cold and each year there is more than 300 days of sunshine”.

 

The Aegean coast where Altinkum Didim nestles, benefits from its own micro-climate which is absolutely suited to sufferers of asthma and chest conditions. Turkish doctors have been referring patients to recuperation in Didim for many years.

 

There are two international airports servicing the Aegean coast on a 365 days of the year basis – Izmir and Bodrum airports. Altinkum Didim is conveniently located between both airports. Three budget airlines have proposed new routes into Izmir airport and a decision is expected this year.

 

Rich in culture and life quality

Turkey, where the two continents of Europe and Asia meet, is a wonderful country which is surrounded by Aegean, Black, Mediterranean and Marmara seas. The country is a wonderful mix of the most modern and old fashioned elements of life.

 

Turkish cuisine is one of oldest and richest cuisines in the world – based on a healthy natural Mediterranean diet. The sun, beautiful nature, sandy beaches, outdoor  activities, an abundance of evening entertainment, skiing in the East,  mountain sports, big modern shopping malls, friendly neighbours, extremeşy high bank interest rates and lots of sightseeing and historical places are all appealing features of life in Turkey.

 

All of this set against a backdrop of a culture of respect where crime rates are low and where the young people respect the older generations and aspire to learn from them, make an ideal setting for raising a young family, safety for the financial investor or settling down for the twilight years of life.

 

To find out more about moving to Turkey, contact Didim Sun Properties via SKYPE (Didim.Sun.Properties) or check out their website at www.didimsun.com

Tags: abroad, beautiful, desirable, living, low cost of living, property, real estate, retirement, Spain, Turkey, weather