There is a key post on Turkish property on this forum.We invested through IPI in Oba just 20-25 minswalk outside Alanya. Prices are going up, no doubt about it, to us investors. Doubt it is as much to the locals.
I would suggest you go out to whatever region you are interested in and spend time researching. Letting market is poor, cost to fly out is expensive and people will buy packages rather than flight only.Gain if any should come in Capital appreciation. You then need to find a buyer to realise the cash.We agreed purchase price in late 2003, if we were to sell, our return would not have doubled or increased by 50% as some agents are saying.
There is speculation about an airport in Gazapaisa(think its military), that is nearer than Antalya.Most agents say this will open soon and there will also be direct flights all year from Ryanair or Turkish Cyprus airlines. believe it when we see it. Locals say it wont open,reasons given were either political or too close to the mountain behind it.There is also a lot of power cuts, there is huge amount of building work in process.
We are happy we invested.If we were to do it again, we would go and buy locally oursleves and cut the agent commission, get a good solicitor if going this route.There are lots of agents out there, prices seemed to be considerably cheaper.Dont believe everything you are told, question everything also. We have found the locals very friendly and warming.No lager louts, mainly families from the Nordic countries.
Caveat emptor