Bursa property for sale is your key to a modern yet conservative city, which has great historical importance. Bursa properties are being snapped up particularly by Arab investors, who are purchasing as a second or holiday homes. This beautiful area of Turkey offers a multitude of things to see and do and is steeped in history. There are exceptional transportation links to Istanbul and the south coast of Turkey, which makes Bursa the ideal choice for those looking to relocate as well as year round living.
How much does it cost to buy a property in Bursa?
Bursa properties, villas, and apartments for sale range from USD 65,000 for a modern two bedroom luxury apartment and as little as USD 300,000 for a spacious detached house that offers 5 – 6 bedrooms in one of the prime location in the city. Comparable properties located in Istanbul would be at least double the price and would also be located in the suburban areas rather than the prime city location that a Bursa property can offer.
Is Bursa property a good investment?
Bursa is a city with ever expanding economic regions, a large population that is becoming more affluent year on year and this all contributes to an area that is ripe for a prime property investment. The city of Bursa is an important cog in the Turkish economic wheel and currently produces over 4% of all goods and services produced and supplied in Turkey. It is the second highest exporting province after Istanbul. The two main industries in the region are textiles and the car industry, with the car industry being especially important as a number of well-known foreign brands have their headquarters in the city. Over 60% of the 1 million plus vehicles that were produced last year came from Bursa with the well known manufacturers Renault, Fiat and Peugeot all having large plants here. Textiles are also vital and are importance for employment in the region. With the thriving industrial scene the region continues to grow in affluence and population which points to a growing demand for properties which are still priced well below areas such as Istanbul. The transportation links that have recently been completed have made Bursa far more accessible than ever before and its profile is now starting to become better known worldwide. It is with these points in mind that the bargain Bursa properties that can still currently be purchased at a relatively low value, a fantastic investment which will only grow as the area does.
Who are the main foreign buyers of homes in Bursa?
Last year saw records number of Arab tourists choosing to travel to Turkey for their holidays, with the number of tourists from Arab countries increasing to over three million 9% more than the year before. The visitors claim to feel more at ease in Turkey, a majority Muslim country, than in other Western tourist destinations. The Arabs come to enjoy Turkey from the tourist’s perspective but also there is an increase in those becoming involved in large real estate acquisitions. German, British and Russian nationals are known for owning lot of Turkish property in the well known beach destinations such as Kemer or Bodrum. 2013 saw over fifteen thousand foreigners purchasing properties in Turkey, and now the Arabs have decided that they should be involved in the Turkish real estate. With this in mind, statistics show that the Arabs bought in the excess of 2,500 properties in Turkey in 2014 surpassed all other investing countries. At the property convention last year held in Istanbul 10,000 Arab visitors expressed interest in Bursa villas, residences, shopping malls and office space with sales over the three days amounting to USD 500 million up a staggering USD 380 million on the year before. Whilst the new is fun and attractive older villas are also in high demand by Arab billionaires’ who still wish to purchase in the seaside residences in places such as chic Istanbul Bosporus neighbourhoods like Kandilli, Bebek and Yenikoy. Apart from Istanbul, Arabs are buying villas close to Sapanca Lake and Kartepe, with increasing interest in the city of Bursa, an important historic centre with beautiful natural surroundings.
Is Bursa all about bargain properties and low cost of living?
Living in Turkey is not expensive for the foreigners from EU, USA and GCC countries. There are few locations where the housing and cost of living will not be cheaper than their home countries. This is certainly true of Bursa which is an area with excellent employment prospects and also an area that has been on the receiving end of significant redevelopment in particular to the transportation links and roads making it so much easier to commute to and from, but also much easier for tourists to visit. Whilst there are bargain properties still to be purchased in Bursa and the cost of living is that much lower, there is so much more to the area that just this. Bursa was at one time the first Ottoman Empire and as such the area is steeped in historical sites and areas of beauty. Bursa is definitely far more than just a bargain property with a low cost of living, it is an area that is gaining in affluence year on year and sure to become a highly sought after city of the future.
{{show ? 'Hide the text' : 'Continue Reading'}}Located on a busy high street lined with shops, restaurants, and banks is this tremendous hotel for sale in residential Mudanya area of Bursa just metres away from the seafront with a gorgeous view from most rooms inside.
With ten bedrooms in total, this mansion has more than enough space for the largest of families to relocate to Mudanya area of Bursa and enjoys gorgeous views heading out to the sea and natural surroundings.
These luxury homes are found within a residential area of Mudanya in Bursa and have their own private swimming pools and landscaped gardens for relaxing and spending time outside all through the summer.
With lovely nature views, these contemporary homes are for sale in Nilufer region of Bursa and have been designed to high quality standards – these are ideal for those who are looking to relocate on a permanent basis.
Situated within their own private landscaped gardens with large swimming pools are these beautiful detached villas for sale in Mudanya area of Bursa – suitable for those who are looking to relocate with children.
With five bedrooms inside, this property has enough space for the largest of families to relocate to the residential area of Nilufer in Bursa and is situated within a private plot of land with large swimming pool.
This resale villa is nestled within a central area of Bursa in Turkey and has its own private landscaped garden and swimming pool for spending time outside – enquire today to arrange your visit.
Ten minutes away from the city centre of Bursa, this tremendous villa is suitable for families relocating to Turkey and has a large plot of land with enough space to build a second home within the ground if wanted.
Situated within private landscaped gardens with large swimming pools, these spectacular villas are for sale within a residential area of Nilufer in Bursa and are recommended for those looking to relocate to Turkey.
Within a ten minute distance from a Metro and Shopping Mall, this is an excellent opportunity to purchase an affordable apartment for sale in Nilufer region of Bursa – forming part of a top quality complex with social facilities.
Designed and built with family living in mind, these apartments rise in Nilufer area of Bursa and form part of an excellent complex with pool and gardens – available in sizes ranging up to five bedrooms.
Choose from properties in various types and sizes when you purchase one of these modern apartments for sale in the Nilufer region of Bursa – suitable for families that are looking to live in Turkey on a permanent basis.
{{!empty( property.pmsdescription ) ? property.pmsdescription.description_text : property.property_introduction }}