The varied landscape of Turkey offers investors a wide choice of areas in which to put their money. Turkey is a present-day marvel while remnants of early civilisations vie with a modern, westward-looking republic.
- Beautiful beaches and a diversity of activities make it a popular and well-tested holiday destination
Turkey is known for its unique and very diverse natural features. Turquoise water laps the beaches of the Mediterranean and Aegean coasts as they bask in the hot summer sunshine. While the Black Sea coast is far less explored but wetter and richer in vegetation, at the moment this area is largely devoted to agriculture and is rarely explored by tourists.
Although Turkey is expanding to keep up with the current level of tourist growth, it has a very solid infrastructure that has kept its tourists happy for many years, making it well versed in what is required from a successful holiday destination:
Golfing at the moment is limited to the area around Antalya, but as the industry succeeds and profits are made, it is certain to expand to other areas.
The area around Belek is famous for bird watching and enthusiasts from all over the globe go to indulge their hobby there.
Yachting is another thriving tourist industry – the many small ports and islands make it an ideal destination for boats.
To know Turkey would take you a lifetime. This is country is so rich in places to go and things for tourists to see – from the hot springs at Pammukele (known as cotton castle) to the magnificent mosques of Istanbul, there is something for everyone.
- Turkish summers are much longer than many other EU destinations
Turkey enjoys a variety of climates, ranging from the temperate climate of the Black Sea region, to the continental climate of the interior, then, to the Mediterranean climate of the Aegean and Mediterranean coastal regions. The coastline touching the four seas that border the country is 8333 km in length.
The climate in Turkey is second to none and this is the reason behind the success of its tourism industry. The summer is warm and very reliable, bringing sun worshippers from all over the world to its beautiful coastlines. Temperatures range from around 21°C in April to a very hot 31°C in the mid-summer months of July and August.
It is not only the outstanding weather that gives Turkey an edge over its competitors but also the sheer number of hours of sunshine it enjoys each day. In general Turkey benefits from 8 hours of sunshine in the low season (April) to a huge 12 hours in high season.
Many visitors to Turkey can find it too hot in July and August and prefer to visit in either June or September when the temperatures are still in the 80´s while continuing to enjoy around 12 hours of daily sunshine.
- The large population means that Turkey has a strong internal property market
While Turkey is enjoying increasing amounts of international investment, property buyers are deciding to buy Turkish property because it has a huge advantage over these other emerging markets: With a large population of over 70 million and as the Turkish economy continues to grow, Turkish people are more in a position to purchase property, especially with the new mortgage rules allowing Turks to use finance for property purchases.
With the Turkish population continuing to grow at the rate of 2% per annum, 70% of this population is under 30 years of age. New finance laws and possible inclusion into the EU mean the average Turkish citizen will be generally wealthier. The future looks bright for the domestic property market in Turkey and therefore it is equally promising for overseas investors owning property in prime locations.