Buyers who want to invest in overseas property should look at houses for sale in Mugla, Turkey. This coastline Mediterranean and Aegean province is a popular destination for property sales to home buyers from around the world. The vast portfolio of new listings includes detached and semi-detached villas and apartments for sale. Whether you want a new build, fully furnished, for sale by owner, off-plan or to buy direct from home builders, every buyer will find the perfect dream home to invest in.
Maybe you want a specific feature like a terrace, balcony, swimming pool, garage, or a nice sea-view to wake up to. Alternatively, a beachfront buy-to-let furnished apartment will slot nicely into your real estate investment portfolio. Let’s look at reasons the Mugla region is a great place to choose, what to consider when looking at property for sale, the buying process and eventually, the year-round management.
Houses for sale in Mugla Turkey
1: Why Buy in Mugla?
It would be easier to ask why not because ample reasons lure in hundreds of buyers every year. Let’s start with the gorgeous weather climate, beautiful beaches, cosmopolitan atmosphere, places of natural beauty, and loads of choice for shopping, eating and a night out. Aside from that, both Bodrum and Dalman International airports operate flights from countries all around the world. There is always plenty to do and many places to go, but the biggest lure is property prices that when compared to places like Spain, Portugal, or France, offering outstanding value for money.
2: Is it Safe for Foreigners to Buy a House in Turkey?
Yes, it is, if buyers follow the recommend guidelines and don’t skip corners. Always use a licensed real estate agent like ourselves and a lawyer. Compared to 15 years ago, the tightened-up process means buyers can have more confidence in the Turkish property market. As a professional agent, if you choose us to help buy a property, we guide you through every step and keep you fully informed at the same time.
3: Do you Get Residency if you Buy Property in Turkey?
You don’t have to buy property in Turkey to get a residency visa. Also, the house buying and residency application processes are two completely different things. The residency application still has requirements to be fulfilled, like proving you can financially support yourself. However, buyers who invest $250,000 when looking at homes for sale, and plan to keep it for at least three years, will be eligible to apply for citizenship. Read about citizenship by investment here.
4: Tips for a Property Search
Know your Finances: Any first-time homebuyer usually looks at properties for sale first. However, before doing this, get your finances in order because there are two different currencies to consider, and additional purchasing costs like solicitors, translators. Remember, the currency exchange rate goes up and down, and factor this in when estimating annual running costs. (About purchasing prices in Turkey.)
Home Search: So, alongside knowing your budget, think about your lifestyle. Aspects to think about include will it be a family home, how many bathrooms and bedrooms, open-plan living-space or separate kitchen and living room, fully furnished or new homes. For a villa with a swimming pool, do you want private or communal where the maintenance is taken care of? Luxury villas are gated, but some also sit far away from amenities. For non-drivers, consider the walking distance to shops, bars, restaurants, banks, and transport links. Think of your lifestyle theme and reason for buying, then start your search.
Finding Houses for Sale: Browse our portfolio of bargain and luxury villas, townhouses, and flats for sale. Each listing includes everything to know, including photos, floor-plans if applicable, plot sizes, home features, price, and location. To find out more via email or arrange a viewing, use the contact details.
5: How to Buy
Once you find your ideal home for sale, it is time to start the buying process. As your estate agent, we guide you thoroughly through this, and steps include the valuation report, putting in an offer, advice on transferring money, getting a tax number, contracts, the notary office, and land register. Although it isn’t required by law, we recommend every buyer should use a solicitor. Read more about the buying process here.
6: Renting Out and Property Management
When renting out your new home, either for passive income or to cover running costs, owners must adhere to specific regulations and pay rental income tax above a certain threshold. Non-residents should use a keyholder or management company to keep an eye out and arrange cleans etc., especially for a holiday let market. Read the full guide on owning a rental property here.
7: Where to Buy?
You might already know where to buy, but if you don’t, there are many suburbs, countryside and coastal resorts to choose from. Some stand out more than others, though, and for good reasons.
Stylish Yalikavak: To find a luxury villa for sale, prestigious Yalikavak is an excellent place to start. Sitting on the Bodrum peninsula, many exquisite villas have upstairs terraces overlooking the Aegean Sea; hence stunning views await buyers. This town has a large ex-pat population; however, its esteemed reputation stems around the yachting scene with many mega yachts docking into the marina.
Rustic Gumusluk: If traditional is what you desire, but with all modern touches, Gumusluk steps up to the mark. This small rural town never steps it up a notch and instead prefers to take each day as it comes. There is the odd apartment for sale, but most of the market revolves around villas.
Bodrum Town: This is where to head to, to be in the action's heart. With easy access to the central bus station, and being a short distance from the airport, getting around is easy. Bodrum town centre’s property portfolio is endless, and no surprise given it is the beating heart of the peninsula. Most homes on the outskirts also boast of stunning sea views.
Beautiful Dalyan: Budget buyers looking for a flat or villas for sale will feel right at home in Dalyan. Sitting in between Fethiye and Marmaris, whether you want a detached house, duplex, or ground-floor, one-bedroom apartment, prices per square metre make it one of the Mediterranean’s most affordable areas. Many homebuyers looking to live in Turkey all year round choose Dalyan for its rustic, laid back atmosphere, and proximity to places of natural beauty.
Ovacik and Hisaronu: Heading over to the southern coast, these two towns sitting slightly inland were initially built to accommodate a tourism overspill from Oludeniz. Homes for sale in Hisaronu and Ovacik are mostly large villas of which many residents live in all year round. Both resorts offer a typical British ambience and have stunning backing Taurus mountain views to boot.
Calis Beach: Having done much work to improve its promenade, Calis beach always attracts buyers looking for a beachside holiday home. Prices per square metre are affordable given its coastal position, and who can ignore that stunning sunset. For a buy-to-let home, Calis provides the perfect market for high occupancy and decent rental yields.
Fethiye City: To be in the beating heart, and near a famous harbour and marina, Fethiye city centre is perfect. The local bus station, and a vast choice of bars, restaurants, and shops, means everything is on your doorstep. Each residential area of the city offers something unique, but our agents can talk you through with their expert local knowledge.
Expat Guide: If you are looking at Mugla’s real estate market with an aim to living here all year round, this guide will be of use. Talking about making a move, understanding the culture, and learning the language, it is full of advice and tips. It also covers what to know for residency, driving and bringing pets in, and interviews with expats already living here to find out what they would have done differently.
About Us: We are Property Turkey, a countrywide real estate agent with local staff who stays up to date with real estate developments. Call us today to discuss houses for sale in Mugla, Turkey, and we can answer your questions, and send a portfolio of suitable homes via email.
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