Antalya Property Market Increases As Turkey Real Estate Gets Popular
As most western Europeans citizens got wealthier the search to buy a second home abroad was the trend. Countries such as Spain, Portugal, France and Italy quickly noticed the sharp demand as foreigner buyers showed interest to more real estate. Many construction companies from around the world came to these destinations and got into the real estate market, to construct tailor-made developments such as luxury golf villas and apartments and holiday homes, attracting all size budgets. In parallel to the growth many estate agencies started to establish in the market to help advertise and sell these properties.
As the world economical macros have changed much since the last decade, other energing countries have started to join and play in the international real estate market. China, India and Turkey have succeeded with more potencial where quality verus the price become more competitive. Helping these new regions emerge have been more support from the local government by adding changes and making new policies to attract foreigners, by lowering taxes and the ease to make purchases more easier. One of the Turkish governments advantage was not to charge any gains tax, if the real estate was sold after 5 years.
The country on the top list has become Turkey over the last 5 years for most Europeans looking out to make an investment in the property market. With frequent flights to Turkey and cheap charter airfares available all year around, Turkey has become a hot destination on the Europe map by 3 to 4 hours flight. The second interest being a sunny climate and mild winters, the wealth of sandy beach resorts are filled during summers as more visitors discover Turkey as a place for economical holidays and a place to relax and live. Turkey has seen a huge increase in retirements shifting it way, other than a tax heaven for most, the low cost of living has primarily been for choice.
Amazing hosting 35 million visitors a year in the tourism, congress and holiday industry, Turkey has been breaking it's own record each year with the increasing amount of figures. With over 30 airports operating in the country, the top 5 international airports are along the west and south coast known as the Turkish riviera. The southern mediterranean coast in the region has been the most favorite stop to many USA, Russian, European and Gulf, where the city of Antalya hosts more than half of Turkey's visitors.
While the property market in Antalya has been the most favorite and demanding region selected by foreigners, figures show that the future of Antalya will continue to lead the real estate market in Turkey, as the climate offers more advantage than other regions. Most of the apartments and villas, homes in Antalya have sold very quickly since the past, as the prices still continue to rise, it offers the best investment for holidays or rental one could make for choice.