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Apartments in Turkey are looking set to be the big dogs of the next property up cycle in Turkey, as apartments become the popular choice amongst property buyers. Of the people currently looking for property in Turkey, 60% of them are looking for apartments.
This is a recent development. We can put it down to one or both of the following factors:
The downturn has hit people's buying power hard. Banks and other employers aren't paying so many bonuses, many people's wages are frozen, and interest rates are low. Although the latter also is making debt less expensive thereby increasing buying power at the same time, banks will rarely charge the base rate in interest, but will happily pay a much lower rate to their savers.
Investors are increasing in numbers. This is in there because recent research has found that apartments in Turkey are bringing the best rental yields, with small apartments in Istanbul's top districts yielding more than 8%.
But this is a trend being seen all over the world, not just in Turkey. What buyers want is changing as more and more of us live fast paced lives. More people want to live and even holiday in towns and cities and to make this possible you need apartments; you simply couldn't fit enough villas or houses.
Apartments in Turkey start from £20k, which buys a top quality unit from a British developer. It is easy to see why more and more people are buying Turkish apartments.
Affordable apartments in popular location near the beach
Ref.Nr.: NHT - A089
Affordable 1 and 2 bedroom apartments in the complex under construction near the beach in Avsallar\ Alanya
Price : 34.000 €
modern apartments in Istanbul
Ref.Nr.: NHT-IST 504
Investment opportunity in Istanbul with good rental income potential
Price : 38.000 €
New launch off plan holiday apartments in Alanya
Ref.Nr.: NHTA-038
Newly launch lovely 1 bedroom apartments, centrally located, walking range to the beach
Price : 39.500 €
Centrally located affordable FULLY FURNISHED 1 bedroom apartments in Alanya
Ref.Nr.: NHT-A0024
Located in Oba, highly popular holiday location, this superb complex is just a short walking distance to all amenities and to the beach
Price : 40.500 €
Fully furnished apartment at affordable price
Ref.Nr.: NHT - A049
Lovely fullly furnished 1bedroom apartment in the center of Oba at affordable price
Price : 42.000 €
affordable apartments in alanya
Ref.Nr.: NHT-A0020
Small complex of very affordable apartments near to beach in Alanya
Price : 42.700 €
Price reduced from 59000 Euro for limited period.Exclusive Design Apartments in Alanya
Ref.Nr.: NHT - A014
Located in Konakli, 12 kilometers from the city center of Alanya towards Antalya.54 uniquely designed apartments with a large communal swimming pool.
Price : 43.000 €
Very affordable apartments in Bodrum
Ref.Nr.: NHT-B302
Long term interest free payment plan on these lovely affordable apartments close to the beach and golf in Bodrum
Price : 44.500 €
affordable 1 and 2 bedroom apartments in Alanya
Ref.Nr.: NHT-A0023
New release of affordable 1 and 2 bedroom apartments, close to the beach and with a payment plan.
Price : 46.500 €
Affordable apartments in Istanbul
Ref.Nr.: NHT-IST 508
New complex has very good location, only in several minutes from strategic road E-5.
Price : 47.000 €
2 bedroom apartment with sea and mountain views
Ref.Nr.: NHT-A066
2 bedroom apartment with sea and mountain views
Price : 48.000 €
New complex with a fine investment possibilities
Ref.Nr.: NHT-IST 507
This complex has already taken the seat among the most important housing projects of this region.
Price : 48.000 €