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21.12.2015
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Malaga vs. Fethiye

Continuing the comparative analysis of offers on real estate purchase in various resort Areas of Mediterranean, we would like to stop your attention on the Spanish Malaga and Turkish Fethiye. At first sight, similar comparison isn't absolutely correct, at least because the population of Malaga (about 260 thousand people), at least, exceeds Fetkhiye's population four times.

The largest city of Andalusia, the port center and the popular resort Malaga is famous for fine landscapes, remarkable beaches, a variety of architectural styles, a saturation for historical objects, unique color for eyelids of remaining customs and traditions.

Fethiye is distinguished, on the contrary, by the low-rise and discharged building allowing inhabitants of country houses who were buried in verdure and housing complexes to enjoy tranquillity and the privacy, having to rest. This unusually picturesque town to the Mediterranean, located on a place ancient "the Cities Sveta" – Telmessosa, is in the bay closed by twelve islands. Slow, comfortable, quiet tide of life against tremendous beauty of landscapes as a magnet, attracts on rest in Fetkhiye a great number of tourists from Europe and Russia. Some thousands of Europeans got over in Fethiye on the permanent residence. Fetkhiye and his vicinities is especially popular with the British, able to live quietly, slowly and comfortably. In recent years this city more and more draws attention and the Russian buyers of real estate.

Nevertheless, than are similar Malaga and Fethiye? The climate, tremendous beauty landscapes, in the hot summer, the clear sky and the sun more than three hundred days in a year. Both cities are located along beautiful coasts with wonderful beaches and surrounded with the regal mountains overgrown with the wood. Such combination of the sea, close mountains and the woods create a unique microclimate for which both resorts are famous. For example, Fetkhiye's all vicinities are covered with the coniferous forests consisting of a silver, Scottish and Norwegian fir-tree, olives, laurels, a myrtle, an acacia, eucalyptus thickets. It gives uniqueness to climate to Fethiye who is ideally suited for people, suffering asthma.

In both resorts fine conditions for occupation by yachting, but thus availability of flat places and plateaus are created allow to develop in Malaga also golf while the steep rocks suitable closely to the sea, give to vacationers in Fethiye a unique opportunity to take pleasure in flights on paragliders.

In a word, making the decision on where you would like to have a rest and live, you don't hurry to put an end. Compare and weigh everything pros and cons.

Consider, including, and one more important upon real estate purchase a detail: Malaga as however, and all coast of Costa-del-Sol, belongs to the most expensive areas for residence in Spain. While Fethiye is distinguished by very democratic prices. It concerns also housing prices. If in Malaga studios and one-room apartments are offered for €90.000-120.000, in Fethiye with two bedrooms you can purchase the apartment for €53.000, and apartments in a new complex – for €73 500.

Especially it is worth paying attention and to real estate purchase on a mortgage. Both in Spain and in Turkey foreign citizens have such opportunity. In Turkey recently the mortgage everything becomes more available to foreigners, and Russians in particular (we on our site in detail wrote about it). In Spain specialists note that since January 1, 2013 the situation with mortgage issue to foreign citizens became complicated a little. The Spanish Kyero.com Internet portal with reference to XVI Housing Market Report this the report, prepared by the Tecnocasa company, reports that in the first quarter 2013 about 55% of buyers of real estate in Spain purchased real estate without attraction of the bank financial help. In case of determined reduction of prices of housing in the country, the capture of a mortgage loan in the Spanish banks is now quite problematic.

Author: RestProperty

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