CookieJar,
Think about this very carefully. It is a common mistake to think you can enjoy holidays and make money from rentals. You & your sister both have young families so I suspect you would be looking to holiday in the property during school holidays - precisely the best time to get rentals !. The season in Turkey generally runs from @ Easter (depending when it falls) to mid/late October. Outside of this period you are unlikely to see many tourists. Plus there is a vast over supply of properties available to rent, and for resale. The situation is not helped by the high cost of air travel, which will definitely impact on the "bucket & spade" family holiday market. If all you want is sea, sand & sunshine and your budget is tight (isn't everyone's in the current market ?) why go to Turkey when for less than half the price you can fly/drive/train to Spain & Portugal for example ?.
I love Turkey but buying a place there would not make economic sense. I'm a fan of Dalyan (go every year) but have seen new build properties sitting unsold for several years, and gradually deteriorating.
My advice is to rent a holiday property when you want to, but invest in something else closer to home.
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