Buying Real Estate in Turkey
This excerpt is part of a longer article on buying property in Turkey, originally published at the end of 2012. I have been advising people to steer clear of this country for the past thirty years.
I am re-publishing this here for the simple reason that I do seem to have a continuing clientele visiting this site, but the main articles are now available from this website:
Two of you have asked about interesting properties for sale in Turkey. Unfortunately I cant find much. There obviously are interesting properties around but I suspect they are all in places none of you would be keen to move to.
One of the big problems with Turkey is that it’s borders are rather problematical. If you look at a map you will note that although one of Turkey’s borders, it’s smallest, abuts the EU (or at least it does at the moment, maybe next year half that border will be with Greece). The rest, however, are dodgy areas.
The western half of the country abuts the Mediterranean, Greece, and the Black Sea, with a small border with Bulgaria. However, have a look at the borders to the eastern part of the country. Georgia (nasty trouble spot), Armenia (nasty trouble spot), Iran (potential third world war country), Iraq (already in civil war), Syria (already in civil war). I mean, guys, hold on, is this really a place you seriously want to invest in?
This is not for me, however, you’re asking the questions, so here we go.
First, I cant find many unusual properties in Turkey, which is odd because there are some very interesting cave homes in Cappadocia. They are well inland, to the eastern side of Turkey, so may not be of interest to those who dont speak Turkish. We are looking at an area well away from tourist spots, in a rural mountainous zone, not that far from the border with Iran, with a Kurdish hot-spot not far to the south. Are you still interested? ………
If you wish to read on, go here…