a complete property buyers guide to south west turkey
Living in Turkey
Overview of the South West Coast
The Turkish Property Market
The Buying Process
Financing Your Property
Renting Your Property
Maintaining Your Property
relaxing lifestyle beautiful scenery
welcome to thesouth west coast of turkey
Yasemin, Hakan and Katie Cinar Kieron Hunt, Beverley NightingaleSimon Woodcock and Nigel Clarke
Welcome to Destination TurkeyA practical guide to help you gain an understanding of the potential delights of owning a property
on the beautiful Lycian coast of Turkey.
Whether your choice of purchase is driven by the desire for a change of lifestyle or as a practical
investment opportunity there has never been a better time to buy. With its Mediterranean climate,
stunning scenery, friendly people and increasingly affordable accessibility, Turkey has become the
number one aspirational overseas property hotspot with the government investing heavily in the
infrastructure to attract both the holidaymaker and investor alike.
have been building on the south west turquoise coast for over ten years offering both off-plan
developments and completed villas and apartments along with bespoke land and build projects.
The business was started by Hakan, Katie and Jasmin Cinar and is now one of the most respected
developers in the area offering superior quality properties with a personal touch.
The head office is in Fethiye where there is an open invitation and a warm welcome to all visitors.
is the marketing arm of the business based in Burnley, Lancashire where Kieron Hunt,
Beverley Nightingale and their team provide all the necessary assistance to help you
find the property of your choice and provide ongoing support throughout your ownership.
As with Lycia the ethos is a close personal involvement to reassure and hand-hold through
what can sometimes be seen as a challenging journey in pursuit of a dream.
We hope you enjoy reading our guide.
Why Turkey ?With its breathtaking scenery, fascinating histori-
cal sites, famous cuisine, and renowned hospital-
ity, its little wonder that Turkey has become a top
choice for holiday-makers, and with Istanbul set
to become European Capital of Culture in 2010,
its an even more exciting time to visit!
Location and sizeJust four hours flight from the UK, Turkey
occupies an area of over 300,000 square miles
almost three and a half times larger than Britain.
With over 5,000 miles of coastline, Turkey is
situated in the Eastern Mediterranean, straddling
the continents of Europe (the region known as
Thrace) and Asia (Anatolia). The country is sur-
rounded by water on three sides: the Black Sea
to the north, the Mediterranean to the south and
the Aegean to the west.
Turkey is bordered by Greece and Bulgaria to the
west, and to the east and southeast by Georgia,
Armenia, Azerbaijan, Iran, Iraq and Syria; and it is
this strategic position as the most easterly coun-
try in Europe which lends Turkey its unique blend
of cultures and traditions.
CitiesWith a wealth of spellbinding regions, this geo-
graphically diverse land encompasses glorious
beaches, snow-capped mountain ranges, rolling
steppe and fertile plains, interspersed with
engaging towns and villages saturated in historic
The modern Turkish capital, Ankara, is a planned
city with a western feel, despite its central loca-
tion within the country. The home of the Turkish
government, universities, industry and commerce,
Ankara is a city of high rise apartment blocks and
Situated on a rocky hill with a population close to
four million, Ankara is Turkeys second-largest city
after Istanbul, and was strategically developed by
Turkeys founder, Mustafa Kemal Atatrk, who
declared it the capital
in 1923 after gaining
victory in the War of
Although many visitors
stop in Ankara only to
pick up visas and buses,
it retains some interesting Roman and Hittite sites
and makes a reasonable base from which to
But it is Istanbul, the historic capital of the
Ottoman Empire, with its sparkling seas, minaret-
strewn skyline and labyrinthine bazaars which
captures the visitors imagination.
why turkey ?From the startling blue seas of the Turquoise coast,
to the dramatic skyline of Istanbul, the magnificent moonscapes
of Cappadocia and the ancient ruins of Ephesus, Turkey is a land
full of surprises, a place of magic and mystery where east meets
west in a powerful mix of tastes, colours and textures.
Turquoise coast is becoming an increasingly
attractive location for buyers and offers some of
the most competitively-priced property in the
Currency Turkish Lira (TL)
Government and PoliticsThe Republic of Turkey is a secular democracy
governed by the rule of law. The head of state is
the President of the Republic (currently Abdullah
Gll), elected for a term of office of five years.
Executive power is applied by the Prime Minister
(currently Recep Tayyip Erdogan, former mayor of
Istanbul and leader of the conservative AKP); leg-
islative power is vested in the Grand National
Assembly of Turkey; and judicial power lies with
the independent courts and supreme judiciary.
While there have been periods of political unrest
and fragmentation, the government upholds
Mustafa Kemal Atatrks nationalism.
Since 2007 only parties that win a minimum of
10% of the votes have a right to parliamentary
representation: at present there are seven parties
thus represented in parliament. The country
is also a member of NATO and a candidate for
PopulationEstimated at approximately 72 million as of July
The population is majority Turk, with minority
groups including Kurds, Laz, Arabs, Albanians,
Assyrians, Bosnians, Circassians, Germans,
Levantines, Poles, and Roma, as well as the
three officially-recognised minorities: Armenians,
Greeks and Jews.
The official language is Turkish, with other
languages spoken by minority groups.
ReligionIslam is the main religion of Turkey, with 99% of
the population being Muslim, mostly Sunni. There
are also smaller groups of Shiites and Alevis
(non-orthodox Muslims). Minority religions include
Christianity and Judaism. While it has been chal-
lenged by some groups in recent years, Turkey
remains a secular state with no official religion.
Many Turkish Muslims attend Friday prayers, and
religious festivals such as Ramazan are
Today this sprawling city is Europes largest, with
a population of around 12 million and a reputation
as one of the worlds most exhilarating destina-
tions. With its world-renowned heritage sites,
burgeoning business centre and bustling ports,
few would disagree.
EconomyDespite the recent global economic downturn
and the countrys turbulent economic past,
Turkey has continued to grow and is slowly gain-
ing stability and sustainable growth, due largely
to a series of policies implemented between
2002 and 2007, which were based on structural
reforms, and fiscal and monetary policies.
The implementation of such plans saw the GDP
average 7.4% during this period, making Turkey
one of the fastest growing economies at that
time, and with an estimated GDP growth rate of
5% forecast for the next few years, together with
a drop in inflation, the future of Turkeys economy
is looking strong. Private enterprise is blossoming
and, no longer dependent on agriculture, Turkey
has seen a growth in industry and services, with
other key sectors encompassing banking,
electronics, textiles, oil refining, petrochemical
products, food, mining, iron and steel, machine
industry and automotive.
Foreign investment continues to rise, the recent
introduction of a mortgage system has seen a
growth in construction, and tourism is booming,
with the Turkish government set to invest millions
of dollars in developing the south west as a major
tourist hot spot.
In addition to a cost of living which is a third of
that of the UK, and with an improved infrastruc-
ture and low property taxes, the south-west
ClimateTurkey is a place of varied climatic regions, from
the rainy Black Sea coast to the harsh temperatures
of the interior and the seasonal extr