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Turkey: Jet to Let Guide to Turkey

Why invest in Turkey?

Turkey has recently become a hotspot destination for jet-to-let property investors, particularly among those buyers from the UK. As an emerging investor market, Turkey provides excellent value for money at a fraction of the cost of properties in traditional European markets, such as Spain and France.

Turkey is surrounded by the Aegean, Black, Mediterranean and Marmara seas and has attractive yet unspoilt coastal towns as well as resorts. The cost of living is low and travelling to Turkey is becoming easier and cheaper. With such an abundance of locations, from sea to mountains to cities, it’s not difficult to see why Turkey is fast becoming one of the most popular emerging jet-to-let destinations.

The story so far…

Turkey has a very rich history. Its territories were conquered by the Persians, the Greeks under Alexander the Great, then the Romans and the Byzantines. The establishment of the Ottoman State in the 14th century brought Turkish dominance to South-Eastern Europe, the Middle East and parts of North Africa. The Ottoman Empire was the longest surviving empire that the world has ever known.

Turkey was on the losing side in the First World War, which led to the break-up of the empire and foreign occupation. In 1923, the Turkish Republic was proclaimed and Mustafa Kemal (Atatürk) was its founder and first president.

The political situation in Turkey during the latter part of the 20th century was at best unstable. In 1950, a multi-party parliamentary democracy was established, but the government became increasingly authoritarian, leading to the army staging a coup d’état in 1960 and a further revolt in 1971. Three years later, Turkish forces invaded Cyprus in order to prevent the island’s possible unification with Greece after the failure of diplomatic efforts to resolve disputes between Turkish and Greek Cypriots.

Modern Turkey is very keen to join the European Union (EU) and wants to gain the political and economic stability that membership can bring. Turkey has recently amended some of its laws in order to conform to human rights legislation and to be more in line with Western ideas. The country is now governed by the Conservative Justice and Development Party.

Where is it?

Turkey is surrounded by the Aegean Sea to the west, Bulgaria, Greece and Sea of Marmara to the north-west, the Black Sea to the north, Georgia to the north-east, Armenia and Iran to the east and Iraq, Syria and the Mediterranean Sea to the south. The Turkish coastline is 7,200km long and the country’s total territory is 780,580km squared.

Turkey is at a point where the three continents of Asia, Africa and Europe meet. The European portion of Turkey, known as the Eastern (or Turkish) Thrace, includes only three per cent of the total area and occupies the far south-eastern part of Europe. The majority of Turkey comprises the Asian territory of Anatolia, also known as Asia Minor, and this is a large mountainous peninsula.

What is the weather like?

The country has a diverse climate with some significant differences between regions and seasons. The Mediterranean region has hot and dry summers and mild rainy winters, but the Black Sea region is cooler with the heaviest rainfall in Turkey. While the coast has milder climates, inland Turkey experiences extremes of temperatures which make it very cold in winter and almost insufferably hot in summer. The hot summers have almost no rainfall, with high daytime temperatures and cool nights. Winters are cold with heavy snow.

More pages

Page 1: Why invest in Turkey?
Page 2: The language
Page 3: Economy
Page 4: Unemployment
Page 5: Tourism
Page 6: The buying process
Page 7: Summary

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