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Why Invest in Turkish Property?

The Turkish property market is witnessing the early stages of a massive boom triggered off by an important change in the law relating to the ownership of property by foreigners. This change only took place at the end of 2002, but property values have been rising steeply ever since. As other Mediterranean countries become more and more expensive, it seems the focus is now on Turkey. Even the huge Spanish property developers have started showing a keen interest in land and property purchase in Turkey as they seek to gain an advantage right at the start and snap up as much land as possible.

The Turkish economy generally is attracting a massive amount of investment and interest from overseas as the government seek to allign their laws and policies with the rest of Europe in anticipation of full EU membership in the near future. İnflation is down from 90% only 5-6 years ago to 8% today. Tesco have just bought a large supermarket chain and 5 Turkish banks have been bought this year by the likes of HSBC and Citibank. Most European car makers already have huge manufacturing facilities in Turkey as do many electical goods manufacturers.

All of these indicators are great news for any investor who is currently buying property in Turkey.. Prices are going up by an approximatley 40% per year and look set to continue increasing for many years. By acting now rather than a year or two down the line you can still buy at prices that are amongst the most competative anywhere in the Mediterranean or Aegean regions today.

Atchomes Construction offer prospective purchasers a full range of services to make the process of buying your property? as simple and straightforward as possible. We pride ourselves on helping our clients purchase their ideal property whether for investment purposes, or to use as a holiday or permanent residence.We guide our clients through the entire purchase process, and are able to offer continuous after-sales service once the purchase process has been completed.

Top 12 Reasons to Buy a Property in Turkey

Turkey is now what Spain was like 20 years ago.
Most experts believe that property demand in Turkey is now what Spain was like in the mid 80s. Today, most people cannot afford to purchase a desirable property in Spain, but most properties in Turkey are still inexpensive.
Cheap cost of living in Turkey.
OK, maybe Turkey is not all that cheap, but the cost of living is remarkably lower than it is in the UK, especially in everyday expenses.
Turkey is an attractive alternative to all other destinations
While Turkey is not too far from the UK and most other European nations, its warmer climate, lovely landscape and interesting culture makes it a good reason to travel to Turkey.
Turkey has long Summers!
While most northern European countries enjoy a very short Summer. Southwestern Turkey has warm, sunny days from mid March till mid November.
Turkish people are friendly
Turks love hospitality and establishing friendships. You wouldn't be able to leave anywhere you go before you have their tea or Turkish coffee.
Turkey ranks in top 5 of most overseas properties magazines
Turkey makes the top 5 in most known overseas properties magazines, television shows and websites. The reason for this is simple. It is a good idea to buy a property in Turkey.
Turkey's growing economy makes it a sound investment choice
Turkey has a growing economy which provides for many opportunities to get the most returns on investments.
Renting opportunity generates income
Some Atc homes Altinkum properties come with a 2 year 6% rental guarantee. Whether you rent your property on your own or let us rent it for you, you will be able to generate income from your investment.
Low property taxes and no capital gains tax after 4 years
Turkey has low property taxes and no capital gains tax after 4 years of ownership. This can amount to a substantial savings should you wish to sell your property in the future.
8000 km of coastline
Most of our new developments are in the Altinkum Peninsula, offering panoramic views over the Aegean sea and mountains.
Turkey is Modern
While most Turks are Muslim, Turkey is a secular and modern state. You can find almost everything you're looking for at local stores. Even bacon!
The Brag Factor
Bragging to your friends about your villa on the Aegean coast in Turkey is not something to underestimate.