Property taxes are low in Turkey, making it one of the best places to purchase investment property.
If you have always wanted to live abroad, Turkey's Riviera may be worth considering.
Apart from being a lovely place to live, you could also enjoy a substantial profit from any investment property in Alanya, a resort town on Turkey's central Mediterranean coast.
Prices for property in Turkey are still relatively low and you can easily find an apartment for around $38,000 or a villa for $130,000 either to occupy yourself or as an investment to rent to tourist.
Property taxes are also low in Turkey, making it one of the best places to purchase investment property.
Soon there will be no capital gains tax making your investment even more valuable when you buy property in Turkey, and with stamp duty fixed at 2.2% of sales price and buyers and sellers pay equally, you will receive an excellent ROI on your investment, within just eight to 12 years.
If you relocate there yourself you will also get to live among the historic ruins, while still having access to the local shopping.
The scenic coast is home to four major bodies of water, so no matter where you go, you will not be disappointed by the views.
You will be surrounded by the Mediterranean Sea, the Black Sea, the Aegean Sea, and the Marmara Sea, each with stunning beaches and breathtaking coastlines.
Turkey also enjoys a great climate, with residents of Turkey enjoying summer weather from March to November every year.
With its presence as an up-and-coming tourist town, it is more and more popular to seek out investment properties, and is definitely earning the title of most popular hot spot for tourists.
The addition of more and more flights to Turkey makes gaining access here even easier.
Plus, the Turkish residents are very welcoming to new residents and tourists, and most of the people who live in Alanya speak English and will take the time to stop and chat with you.
The economy is going strong in Turkey and the cuisine is so fresh and tasty, and can be enjoyed for a fraction of the cost compared to other countries.
Turkey is indeed a beautiful place to live or visit with a low cost of living.