Hi everyone,
Long time reader, but first time poster.
Basically, I need some advice. I've done a lot of research about property in Turkey, and have decided that this is where I want to stick my cash. Specifically I'm looking around the Alanya/Side area. I've been to the area loads of times, and I love the people and climate. I've also done plenty of research, and am very confident of a good return on my investment out there.
My one question, is has anyone got any experience of buying in Turkey, and can anyone recommend a good Agent or Solicitor? (That's actually 2 questions)
I've been in touch with one agent called xxxxx Real Estate for the last few months, and I'm going over next week to meet up and see some property with them. While I'm out there I figured I might as well meet with some other agents. The trouble is, I can't seem to find any on google or on-line that I really trust. The guys at xxxxxx have been very good with the emails, and seem to know what their talking about. Everyone else I email takes days to reply, and say a lot of contradicting things.
So come on guys, help me out here!
Keep in touch
Jonathan

Hi Jonathan,
I looked at Turkey, but now it seems people are brainwashed by "economic growth" yada yada. What you have to understand though, is, it?s mostly brits fueling these property bubbles.
Agents will tell you anything. What you should be wary of, is the local people wont be able to afford your house if you need to sell, you'd have to find another stupid brit.
Cheers
Jordan

Hi Jonathan,
I have lived in Turkey as second home for over 13 years, in that time the Turkish Lira has melted down and there has been a property crash. Buying property consists of plonking the cash down and shaking a hand. You buy houses like you buy a car etc. I have recently been looking in Istanbul but the prices have shot up since Xmas. You would probably get better short-term returns putting your money into Treasury Bonds .. 16% a year and falling. The Lira is expected to depreciate next year...its way overvalued and the country is running a twin 'peaks' ala USA. You should look at the rental yield and consider the alternative 16%. However if you want to live here that?s another matter. c
Many thanks
Joseph

Fact 1.
More turkish citizen's bought property and land in turkey this year than British citizen's.

Fact. 2.
Not all brits are Stupid brit's

there are quite a few rich turks out there

there are always new people looking to buy... same as uk market..

prices have risen in turkey considerably in the last few years....duh..

turkish economy is growing at 8%, tescos have bought kipa, vodaphone have bought telsim and all the banks have been bought out by euro banks............ they all must be stupid to invest here!!!!
get facts , give facts..........

Dear Jonathan,
This is Zeynep from Turkey.I read that you were looking for a new property in Turkey.I work for a construction company and we sell our own buildings.So we are cheaper than real estate agencies.Just keep that in mind please.We have great homes in Alanya too.
Regards,
Zeynep

Zeynep given that you have posted this :-

If anybody needs to invest in properties in Turkey,we help you.There are more than 2000 houses in our portfolio on the coastline of Turkey.Hundreds of villas in Didim,Kusadası and Bodrum.Dream houses in Alanya...For every budget...
one would come to the conclusion that your company has not built 2000 houses here therefore you are an estate agent ????

Zeynep.
To save any confuson.please put your construction company web site in your profile then people can see for them self,

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www.turkishhomes4sale.com

www.turkeyherald.com

hello jonathan,

to learn a little more about turkish property market, i've done my bit of research and talked to a few professionals -- I think you should do the same if you are serious about property acquisition in Turkey -- whether it's a good or bad time. I still believe though that the possible EU accession may greatly affect turkish real estate in the future.

gianne