Real Estate Firm Says There Is Increasing Interest In Turkey Property

March 11, 2019 – – Turkey-based estate agent Best Real Estate in Istanbul is experiencing a surge of website hits to its online Turkey property portfolio this year, with properties in the Istanbul Province proving the most popular destination in overseas home searches.

Overall new visitor searches were up by over 66 per cent on the last period in 2018, according to Jared Walton, CEO of the firm which specialises in apartments and villas along a 200 mile stretch of Turkey’s Mediterranean coastline and Istanbul.

Brits topped the number of searchers representing nearly 68 per cent of active leads. Walton comments: ‘With Brits already accounting for 1 in 3 overseas property owners here, Turkey has firm footing as a destination of choice for UK buyers looking for a luxurious lifestyle property overseas. But we believe our latest figures show how the UK’s wettest summer in 100 years, low-yielding property in Europe, and failing pensions have impacted considerably on consumer sentiment, boosting interest in the demonstrably resilient property sector here.

Over the last three months our properties in Istanbul and in village locations like Uzumlu near Fethiye harbour town, which are slightly more inland but within easy driving distances of the Turquoise Coast, have proved increasingly popular. This suggests buyers are being more discerning as to the opportunities of investment in less resort-based destinations, and are researching how much further their money will stretch. Proximity to local transport routes and international airports are still, understandably, factoring heavily.

“We experienced a notable rise in the volume of searches shortly after the introduction of the new citizenship law which made it a no-brainer decision for any investor,” Walton added.

“Property searches from within Turkey have also doubled compared to the same period last year, potentially reflecting Turkish people’s increasing wealth,” Walton notes. “Also hits from Russia and Saudi Arabia, who were among the new nations to have their buying rights eased, usurped our visits from Germany and Spain. We had only ever received a trickle of traffic from those areas previously because of ownership restrictions in place.”

Walton concludes: “Despite the global financial slow down, our thoughts are many investors still hold confidence in the returns that property can offer and, with tightened purse strings, people are carefully researching resilient sectors that can demonstrate both value for money and steady returns for their hard worked earnings. Turkey property is clearly hot to trot on that right now, with starting prices in prime areas of Istanbul from as little as £32,000.”

For home hunters looking for high quality affordable homes with growth potential, Best Real Estate in Istanbul has some excellent properties on offer in Turkey at special last-chance prices and with financing options. Visit them at: https://bestrealestateinistanbul.com/.

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For more information about Best Real Estate in Istanbul, contact the company here:

Best Real Estate in Istanbul
Jared Walton
info@bestrealestateinistanbul.com
Istanbul, Turkey

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