Real estate prices down but not out in Marmaris

Sunday, November 30th, 2008

Although there has been a significant decline in purchasing in the real estate market over the last two years, Marmaris estate offices do not think prices have dropped to the depths predicted.

Due to the global economic crisis, potential buyers were expecting huge reductions in property prices, as seen in Europe and the rest of the world. Although Turkey is feeling a knock on effect, most local agents say they have not been as badly hit as others.
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Real Estate for Foreigners in Turkey

Sunday, March 30th, 2008

Today, thousands of Europeans are choosing to purchase property in the coastal resorts of Turkey.

Many visitors return year after year, discovering the country’s charm, vibrant culture and friendly people. Many people looking to buy a home abroad have found themselves priced out of the domestic and European property market and choose Turkey because of the affordable property prices it offers.

The competitive prices of the rising Turkish property market means buyers are seeing an excellent return on their investment. With Turkey’s potential entrance in to the EU, many believe that property prices may also significantly rise.