House Hunting in Didim
House hunting in any country where you are unfamiliar with the language, procedures and real estate market can be a daunting experience. However, for foreigners, buying a Turkish home is easy, quick, and straightforward.
The Turkish government has ended needless military searches and smooth lined the process. With the new law now “the military search aspect on foreign property buyers lifted” the lifting of the military search element means that buying a property and obtaining the property deeds can be done on the same day, just as it is for Turkish buyers.
From viewing to signing the title deeds and moving in, the process can take as little as a week for a resale or key ready apartment. The proof can be seen in the yearly sales of over 22,000 properties to foreigners.
Of this large group, many buy homes in Aegean Didim, Akbuk. One of the biggest attractions of property in Didim is the prices, you will always a find a bargain as the area is renowned for its value for money real estate when you compare to many other areas of Turkey, and most homes are ideal for holiday rentals throughout the summer months for those looking to invest in property in the Didim area.
Is it Safe to Buy Property in Turkey?
Over the course of the past 10 years Turkey has become a place where more and more foreigners are choosing to purchase property. Initially the rush to buy here was due to the incredibly cheap prices compared to most European. There are still many good offers to be found and of course the weather and lifestyle here is a big attraction also.
In the past, Turkey’s lack of regulation and licensing allowed cowboys to work and damage its reputation when buyers were left without money and no title deeds. However, over the last decade, the real estate sector has tightened up, and the Turkish government is keen to ensure foreigners have a smooth buying process.
Foreign direct investment is driving the economy and tales of disheartened buyers do not promote the country in a good light. So, yes, it is safe to buy property, and the sector is a lot more professional than it used to be.
Still be aware of opportunity scammers though, and like you would in your home country, only use licensed professionals. Don’t buy from anyone in a bar, restaurant, shop or travel agency. Employ certified lawyers and translators. Here at Turkish Home Office, we only work with the buyer’s best interest at heart and guarantee delivery of your title deeds. See more about the buying process here.
How Much is Property in Didim?
As mentioned before, One of the biggest attractions of property in Didim is the prices, you will always a find a bargain as the area is renowned for its value for money real estate when you compare to many other areas of Turkey, and most homes are ideal for holiday rentals throughout the summer months for those looking to invest in property in the Didim area.
Sometimes, sellers want a quick sale so list their home at under market prices, but with the excellent current value of the Turkish lira to the pound, foreign buyers are already getting a bargain, with mass potential for capital investment appreciation should they ever sell and convert back into their home currency.
The price range of Didim’s property market varies from £26,000 for a basic, one-bedroom apartment to over £200,000 for luxury 5-bedroom villas with private pool, garden.
Another deciding factor of price is location and neighbourhoods. Price per square meter drops the further away from the coastline a home is. Hence some of the best value houses are in the Akbuk, Yesilkent and Altinkum.
Reasons to Invest in Didim’s Real Estate Market
Many investors looking for buy-to-let incomes buy property in Didim, just because the rental yield is higher than most other places in the Aegean. With a market in full flow, buyers have a vast choice of homes for sale, and the best part is that all have affordable pricae tag.
For more information about house hunting in Turkey, get in touch with us today. Whether you want to arrange a viewing trip or speak to a sales representative about buying Turkish property, we answer questions and give advice.
Also see our vast portfolio of property for sale in Didim. To receive via email, extra photos and details about a home, just fill in the enquiry form on each listing, and we will get back to you within 48 hours.