Didim Today

Turkey offers an intelligent investment opportunity for potential investors. It presents one of the most exciting property markets in 2011 both for lifestyle second homes and investment property opportunities. Turkey is the 15th most attractive destination for Foreign Direct Investment (FDI) in the world. With possible inclusion in to the EU and a strong economy makes it one of the best investment areas at this time.

The Potential Home Owner – Investor

Turkey is the best property investor’s hot spot. Turkey’s Aegean and Mediterranean coasts have become very popular tourism destinations, attracting millions each year. Turkey has stunning beaches and a climate that far surpasses many of Europe’s most popular holiday destinations. The tourism industry is fast expanding and looks set to continue to grow, creating even more demand for quality accommodation, which savvy investors can capitalise on. With a growing economy, no restrictions on foreign ownership and finance now available, indications show that Turkish property will appreciate rapidly.

The introduction of more flights, mortgages, as well as a more mature EU application, all signs point to prosperity. Turkey is a democratic country with a rich history and a wealth of culture. Low cost living, long summers, 279 blue flag beaches and 14 marinas, it becomes a favourite retirement spot for Europeans.

The beautiful beaches and climate make it a very popular holiday destination, located outside of the Euro “€” zone. Turkey was the European Capital of Culture 2010 and also named golf destination of the year 2008.

The Financial Times rated it among the top 10 locations where real estate investors can safely buy residential or holiday homes in 2010. With over 25 million tourists each year boosting the property market this creates very strong “buy to let” possibilities. Together with EU membership on the horizon, Turkey becomes the intelligent investor’s choice.

The Developer – Investor

Turkey offers significant opportunities for foreign investors with its geographical perfect position it functions as a gateway between Europe, The Middle East and Central Asia.

Turkey has attracted the highest amount of FDI from EU member Countries, Asian and Middle Eastern Countries. With low initial purchase prices, Turkey becomes a major attraction for investors. The majority of companies with international capital are in wholesale and retail trade sectors, followed by manufacturing, real estate, leasing and other business activities. During the past 6 years, the intermediation and manufacturing sectors have attracted the highest amount of FDI.

At the end of 2010 more than 25,800 companies with foreign capital were operating in Turkey, two –thirds of them were established in the last 7 years. The return on investment in Turkey has proved to be very enticing for investors, the Turkish economy is very strong, it is the 15th largest economy in the world and 6th in the EU. Located at the junction of Europe and Asia, it has a large domestic market with a liberal and reformist investment climate.

With a population of 71.5 million and growing, of which 70% are younger than 30, makes for a strong local market and significant shortage of housing. Creating a strong internal property market means investors are not reliant on international investors for re sale. Turkey has low taxes and incentives and a customs union with the EU since 1996.

Coupled with a qualified and competitive labour force, Turkey is now viewed by the World Trade Organisation as a highly dynamic country.

Burak Altin, Aydin Real Estate. E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or visit www.aydinestate.com