With a steady increase in annual tourism , Turkey is experiencing an unprecedented level of international exposure and this is, in turn is creating more tourist interest and increasing demand for Turkish property. The value of Turkish property is expected to appreciate in beach front areas by as much as 20% initially, with forecasts for the next two to three years reaching 30%. When the Turkish law changes to allow mortgage facilities to become more widely available, property prices are expected to continue to rise accordingly.
The area around Kalkan Kas Fethiye are particularly popular among Turkey property investors as the Turkish government is improving the tourism infrastructure in an attempt to make this area one of Turkey’s top tourist attractions. This investment includes the expansion of Dalaman airport, the building of three marinas and the area’s first golf course. As this investment programme is only in its early stages, property prices have not yet reacted. This is certainly an area of great potential to property investors.