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Advice for best area in Turkey - Page 3

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  #21  
Old 02-07-2008, 12:51 PM
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If you want to buy to let properties. There are some companies offers guaranteed rental programs. You can buy from them. Also try to buy in complex with good amenities and near to center to give easily rent to other people. Companies offers around %5 yearly return from the investment by rent if you make it by your own you can get around %8.
These rates are from my own investments in Bodrum.
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  #22  
Old 04-07-2008, 04:44 PM
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Kusadasi deffo, a new golf course is underway now. Prices will go up
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  #23  
Old 10-07-2008, 04:44 PM
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Quote:
Originally Posted by paul-steve View Post
Kusadasi deffo, a new golf course is underway now. Prices will go up
Prices in Kusadasi is already quite lower than similar areas in Turkey. When the market turns, Kusadasi will leap forward. Property sales to foreigners will resume again sometime this month. Time to buy in Kusadasi!
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  #24  
Old 17-07-2008, 03:56 PM
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Why not Hisaronu, Ovacik the best place to buy for investment and very high in rental income
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  #25  
Old 22-07-2008, 03:14 PM
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couldn't we argue this back and forth ad infinitum? of course we all have a personal preference, but what we like and think of an area may not be another's experience.

The OP originally posted way back when, so it is doubtful that she is still looking for the advice. but my advice to any one else interested, is to:
a) decide what type of property you want - apt or villa? how many bedrooms? what will you use it for - personal use or rent? do you want a pool? etc etc
b) decide how much you can afford to spend, as this will influence where you can buy. and be realistic, if you can absolutely only get £40k then don't be overly optimistic and think, well maybe I could get £45k if I tried! only set your budget at a level you know you can afford.
c) once you have your requirements, and budget set, then go online and see what is on offer in that price range. You may want a 2 bed apt in bodrum, but you only have £40k - realistically, with that budget you will have to go elsewhere for a decent property.

These factors all come into play when deciding where to buy - but at the end of the day you must visit the resort. Of course agents will tell you that this or that resort is the best place to buy in Turkey - its our job to sell. We are hardly likely to slag off our own resort, are we? At the end of the day, i would always recommend that whatever area you are considering you visit - only you can decide if it is the best place for your money. Ask around with the locals and expats - those who live there and who have already bought. A good estate agent will get plenty of positive word of mouth, so if you hear positive reports of the same company a few times, that is a good sign. Most of our customers come from past customers who have recommended us - it is the best form of advertising we have!

and many developers will tell you that you can get x amount of rental income, but again this can be a sales tactic. If a developer guarantees you 10% rental return, then most probably he has included this 10% margin in the price you will pay, so in effect you are getting nothing! instead you would be better to ask for a 10% cash discount! then rent the property yourself.

If you want to rent, go online and check out other people who are renting. Be cheeky, contact some of them and ask them honestly how easy or difficult it is to rent, and what price they get. Some of them will tell you to do one, but some will give valuable advice.

Basically, do your homework - check out the web, visit the resort, ask around, and trust your instincts. you are not buying a loaf of bread, you are spending tens of thousands on a property - take your time, don't be rushed and be sure you are happy with your decision.

these are the most important factors when buying abroad - not who said this place or that place is better. Each to their own afterall.

Last edited by totallyproperty; 22-07-2008 at 05:29 PM. Reason: promotional text
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  #26  
Old 05-08-2008, 12:53 AM
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Quote:
Originally Posted by lane View Post
Hi all,
We have decided we would like to purchase a property in Turkey.
Is there anyone that has first hand knowledge that can recommend credible estate agents and solicitors who are extremely good to work with and will guide us through the process. I have read too many horror stories of people getting ripped off by unscrupulous agents/builders. What we are looking for is an apartment to be used purely as an investment, taking advantage of capital growth and rental income. As yet we have no plans to move out there. I would also welcome suggestions on best area/s to invest in. Having researched Dubai as a possible location I feel Turkey has more to offer and is a 'safer' bet long term. I may of course be wrong. Any useful website suggestions would be welcome also. I don?t want to go plundering into anything without doing a great deal of research and hearing from people who have experienced the process first hand.
Bye
Lane
[I live in Dubai & have my own Property Business, { originally from U.K.}
I have recently taken on International Properties & i can put u in direct contact with an excellent Developer for your Turkey Investment
{ Turkey has some excellent projects & the prices are very good also }
They are in the proccess of building a 5* project in Istanbul offering a good rental yeild if thats of interest to you plus other properties in other locations, they are all off plan & deliver exactly what they say ... i have invested with them myself
Just need your contact details & then they will deal directly with you

Thks
Des res
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  #27  
Old 05-08-2008, 09:06 PM
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Quote:
Originally Posted by tylerbabe View Post
Why not Hisaronu, Ovacik the best place to buy for investment and very high in rental income
High rental income is directly related to how many months a property can be rented out. IMHO there are only 2 possibilities for a long rental potential:

- New expensive residences in business districts of major cities like Istanbul, Ankara. Here location plays a very important role as these cities suffer from rush hour traffic jams.

- Golf properties by the Mediterranean & South Aegean coast, which attract foreign golfers when winter hits Northern Europe. Their rental rates are already high during summer months.

Sun-Sand-Sea does not guarantee more than a few months rental income. Excitement-Education-Entertainment has to be there as well.
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  #28  
Old 07-08-2008, 08:22 AM
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Quote:
Originally Posted by leonardo View Post
Hi Lane,
Alanya is a very popular resort for investment buying because you can make at least 25-30% on your capital in 6 months. My company can guide you from start to finish and you can also buy off-plan which means you can purchase at the price stated at the start of building and your property is increasing in value day to day.
Many Thanks
Leonardo
i checked that area via Google and it was captivating but i want to know how much will it be
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  #29  
Old 07-08-2008, 12:33 PM
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Hi all
I have bought off plan in Gulluk, nr Bodrum airport. has anyone got any latest information of the development of the marina area in gulluk that they said was being constructed?

Is the golf course in this area fully operational now as I havent been down there for a year and wanted to know how the Gulluk area is developing for rental reasons really.

I have bought at the Flipflops resort FYI

Thanks for any updates.

Paul
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  #30  
Old 07-08-2008, 08:02 PM
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Originally Posted by erikko View Post
i checked that area via Google and it was captivating but i want to know how much will it be
Alanya is a very nice area, no question about it. It is extremely popular among the Germans choosing Turkey for holiday & retirement.

However:
Quote:
you can make at least 25-30% on your capital in 6 months
50-60% annual capital appreciation unrealistic. The builder must be temporarily selling with a huge discount. Then you need to ask the question "Why?".

And my final word about Alanya: Spend a few days there in July-August and make sure you're happy with the hot and humid climate.
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