Having looked through so many websites and gone through information overload, I would love to have some advice from people in the know.

Both myself and my sister love Turkey and both have young familes. We were looking to purchase a holiday home which we would share between us and rent out the rest of the time if we choose to hence the investment side.

We are looking for at least a nice sized 2 bed (3 bed not a problem) with access to a nice town and beach, as we both have young children then it would be nice if adequate facilities were close by such as a water park. It would be nice if the town was cultural and had markets etc. We are from reading various articles looking close to Antalya / Alanya. Oh and if the property had an infinity pool then that would be the icing in the cake !

Anyway if you are aware of any developments or properties that would be worth considering then I would more than apprecaite your input.

I'm an agent for two big developers in Crete/Cyprus , if you choose
Crete or Cyprus I can detail you an excellent, fully managed investment plan
for areas with longest holiday season, even have winter months rental...

minimum investment 50-70000 euros, 9% average annual growth

finance is available on Euro or Swiss frank with locked exchange range risk,

investment planning is not straightforward you need to lay down all details
about finance and make it so that rental income will cover you, anything that
you want your property to have is also wanted by the tenant

Thanks but we plan on sticking to Turkey.

Yeah, you can still consider multicurrency mortgage, (if finance is required)
you can do from banks in your own country and secure on your property
in Turkey,
people from the UK have started doing this already, I don't know much about
turkish currency/economy but these things can make all the difference in your
investment

CookieJar,

Think about this very carefully. It is a common mistake to think you can enjoy holidays and make money from rentals. You & your sister both have young families so I suspect you would be looking to holiday in the property during school holidays - precisely the best time to get rentals !. The season in Turkey generally runs from @ Easter (depending when it falls) to mid/late October. Outside of this period you are unlikely to see many tourists. Plus there is a vast over supply of properties available to rent, and for resale. The situation is not helped by the high cost of air travel, which will definitely impact on the "bucket & spade" family holiday market. If all you want is sea, sand & sunshine and your budget is tight (isn't everyone's in the current market ?) why go to Turkey when for less than half the price you can fly/drive/train to Spain & Portugal for example ?.

I love Turkey but buying a place there would not make economic sense. I'm a fan of Dalyan (go every year) but have seen new build properties sitting unsold for several years, and gradually deteriorating.

My advice is to rent a holiday property when you want to, but invest in something else closer to home.

Thanks Lycos, interesting points. I am not keen on Spain but wouldn't portugal property prices be so much more than turkey ?

Yes, CJ, prices in Portugal are higher, but you get what you pay for. Just because something seems comparatively cheap to us does not mean it represents good value. My partner has a villa in the Eastern Algarve @ 10 miles from the Spanish border. Great area for old fashioned family beach holidays; miles & miles of pristine beach, no high rises (apart from the carbuncle of Monte Gordo) no discos, theme pubs, karaoke bars etc, but lots of reasonably priced good restaurants, all less than an hour from Faro airport; great daily food market in historical Tavira (very picturesque town). We've had 18 weeks of lettings this year (we use it inbetween thanks to Easyjet !) and interestingly have had a number of Portuguese families from Lisbon; one group has been three times !. This rather illustrates my point - they wanted a sunshine beach holiday, but are counting the euros, so why fly somewhere when they can drive down at their own pace in a few hours. To be fair we are talking detached villa on a large plot with a pool, but a two bed apartment near to Tavira could prove worthwhile. Just my thoughts.

Hi CookieJar,

I am British & work along side 'good honest' Turkish People. I have lived here for four years in the Didim area. I have been to most resorts here & I still rate this area as the best. I think that you are doing your homework well. If you wish for further honest & true advice please contact us on my private message account. Regards Wayne & Cagla

Hi CookieJar,

I work in Realty-TR which is in Antalya. I can say that buying property in Alanya this year will be very good investment for you. Because next year an International Airport will open in Alanya and the prices will be increased for this reason.

I hope these informations will help you. If you want to get more information just ask.

Kind Regards..

Hasan ALKAN
Realty-TR , Regional Marketing Manager, UK and Ireland

Check out 'Love Turkish Property' they may be able to help provide some advice and have UK wide agents athat are happy to visit your home, visit their site and send them an email they may be able to help.