Natural Factors
Turkey is famed for its unique and diverse natural features. Turquoise water laps the beaches of the Mediterranean and Aegean as they bask in the hot summer sunshine, while the hot springs at Pammukele and the volcanic terrain of Cappadocia offer great contrasts to all who visit Turkey.
The diversity of the Turkish landscape allows for a varied, though chiefly Mediterranean climate, averaging more than 300 days of sunshine per year. Along the Mediterranean and Aegean coasts, summers are long and dry with temperatures topping 44°C. In contrast, Istanbul sits on the Black Sea coast where temperatures are a little milder, and even has occasional snow falls in winter. Temperatures in the mountains running parallel with the coasts can be quite a bit harsher, more arid and cooler than in coastal regions, and heavy snow is a common sight during winter months.
Due to weather conditions, the Turkish tourist season is considered to be from June to September and concentrates on the fashionable coastal resorts of the south and west.
With a large population of over 70 million and a growing economy, the Turkey property market is now open to the Turkish people as a new wealthier, professional population sector is now in a position to purchase property, particularly with the introduction of new mortgage rules allowing Turks to use finance for property purchase. The Turkish population continues to grow at the rate of 2% per annum while 70% of this population is under 30 years of age. New finance laws and possible inclusion into the EU mean the average Turkish citizen will be generally wealthier. The future therefore looks bright for the domestic property market in Turkey and therefore it is equally promising for overseas investors in prime locations. |
General Factors |
