These home-office style apartments are perfect for investors and lifestyle buyers alike and have been fully equipped with extensive facilities and are ideally located in the newest business centre of Istanbul – Basin Ekspres.
All Properties in Turkey for sale
Turkey is a vast country, over three times the size of the UK and some 25% larger than France. Straddling between Europe and Asia, with almost 7,000 kilometres of Mediterranean, Aegean and Black Sea, Turkey is home to a unique mosaic of cultures, diverse landscape and dynamic social make up. If you are looking for property overseas, wish to buy a holiday home in the sun, a place to retire or purely real estate investment in an upwardly mobile country, then no search is complete without having a good look at property for sale in Turkey.
Where to buy a holiday home in Turkey?
With so many lovely resorts and towns to choose from, it is a task in itself to decide where to buy that special villa in Turkey or that sea view apartment, which will be your new home in Turkey and double up for some rental income. According to statistics published by the Turkish real estate agents association, Antalya, Fethiye, Bodrum and Side are the most popular holiday home destinations in Turkey. Properties in Antalya enjoy the proximity of a bustling seaside city with lovely beaches and excellent golf courses of Belek, whereas Kalkan's properties provide some of the most dramatic sea views experienced in the entire Mediterranean, not to mention Kalkan's elegant setting and fine dining. Side holiday homes are ideal for families with children, where shallow waters gently touch sandy shores. A property in Bodrum on the other hand is your key to Turkey's most sophisticated resort with plenty of sailing and seafront homes in lovely Yalikavak, Turkbuku or Gumusluk. Then we have sun-soaked Fethiye with most affordable villas and apartments near Turkey's most pictured Oludeniz beach.
Looking to retire overseas - where should you buy your retirement home in Turkey?
When considering a permanent move abroad and buying a property for year round living, there are some important factors to take into account. Proximity of amenities, hospitals, schools and a stable local community are some of the elements one would naturally look at. In our dealings with over 10,000 people from all over the world looking at the Turkish property market with a view to permanent living in Turkey, we find that properties in Fethiye, Bodrum and Antalya (including Side and Kemer) are natural favourites for year round living. They all have excellent climates with over 300 days of sunshine, mild winters and the right level of facilities to sustain year round living.
Where to invest in Turkish real estate?
With an average annual GDP growth in excess of 8% for 2010 - 2012 period, Turkey has posted exceptional economic performance compared to the EU zone and indeed to BRICs (Brazil, Russia, India, China). In 2011 and 2012 Turkey's economic expansion was only second to China. IMF estimates that Turkey will yet again outperform most BRICs countries and certainly the entire Euro zone in 2013 - 2017 period with an average annual expansion of 5%+ projected. Turkish real estate industry is currently one of the major growth sectors within Turkey. With a youth population of over 60% of entire 76 million and increasing wealth in the country, domestic demand for property in Turkey is fast climbing. Turkish real estate agents association estimates that by year 2015 there will be a shortage of around 2 million quality housing in Turkey just to accommodate domestic demand, this is not even counting the booming tourism sector, 6th most visited country in the world in 2011, which also puts a heavy demand on coastal hotel, villa and apartment projects. In 2011, property market in Turkey grew by some 18% compared to year before. Considering that at the same period Greece, Spain and Portugal came close to announcing bankruptcy underlines the viability of owning property in Turkey.
Prime location Istanbul or better to look at prospering Antalya?
From a purely investment viewpoint property for sale in Istanbul deserves a close look, however, one needs to be very selective. There are many offers on the market and not all are viable. We recommend real estate in Istanbul prime locations as opposed to heavily marketed bargain apartments on the outskirts of the city. Naturally, prime locations of Istanbul are expensive, therefore we suggest investors should have a good look at Antalya property market as a viable and exceptional alternative to prime location real estate of Istanbul.
How about rental returns and capital growth?
On the Mediterranean and Aegean coasts of Turkey, your holiday home in Antalya, Fethiye, Kalkan and Bodrum could easily deliver in excess of 6% rental returns after all expenses paid. Considering that the average rental yield in the UK is 4.8%, this is quite a strong return. Coupled with steep capital growth in several years, you could build your very own nest egg in Turkish properties. Another interesting profile to underline is the beachfront Turkey property segment.
Can you suggest a niche segment of Turkish real estate to keep an eye on?
Keen investors and of course keen sailors alike should keep a solid eye on waterfront properties in Turkey. This is an incredibly lucrative segment of the Turkish real estate market. Compared to France, Spain and Italy, beachfront properties in Turkey come at one third the price tag for comparable villas and apartments. Luxury villas for sale at the seafront in Bodrum, Kalkan, Kas and Fethiye could be purchased from as little as Euro 400,000, whereas a comparable villa in Spain or France would cost no less than Euro 1.3m. This is a huge price gap and we suggest that it is an artificial one. We do not expect prices of beach front properties in France to come down for these are highly desirable homes, however, as more and more people discover the stunning coastline of Turkey, we expect waterfront homes in Turkey to appreciate quite significantly over the next 3-5 years. The number of foreign registered boats and yachts entering Turkish waters have tripled since 2005, clearly indicating that Turkey is becoming a desirable boating destination. Considering the breathtaking beauty of the bays and coves in the Aegean and Mediterranean waters of Turkey, this is not surprising at all.
Listed at pre-launch prices for a period of only eight weeks – this is an exceptional investment opportunity listed 15% below market averages in Media Highway Istanbul, you do not want to miss out on this top quality project.
Uniquely designed, this one-off villa is found in Yalikavak and is just 100 metres away from the nearest beach, all daily amenities, and facilities – this is an outstanding property in an elite neighbourhood in Bodrum with a panoramic sea view.
Priced as a bargain and a must see is this two bedroom apartment with a sea view in Yalikavak just metres away from local amenities and forming part of a residential complex with shared swimming pool and gardens.
Completed in 2017 to top quality standards, this is a wonderful villa in a sought after location in Gumusluk just five minutes away from the beach and close to local amenities including top restaurants, shops, and facilities.
Detached villa in the heart of Gumusluk, just a few minutes away from restaurants and shops, listed for sale at a bargain price for those looking to live and relocate to Bodrum with young children to a friendly residential neighbourhood.
Completed and ready to move in today are these superb apartments for sale in the green settings of Bahcesehir on the European side of Istanbul, offered today at bargain prices for investors and families looking to relocate.
Designed by a well know architect and sitting in an astonishing plot measuring 2,600m2, this villa hidden away in Gumusluk is designed with one thing on mind - privacy. So if you are a bohemian artist or someone who enjoys a relaxing atmosphere; this is as good as any you will find.
Located within one of the most sought after estates in Istanbul, this mansion style villa is tucked away in the peaceful area of Buyukcekmece and overlooks the sea and surrounding nature in a merging of green and blue.
Located a short walk away from the town centre are these identical villas. Semi-detached from each other and available fully fitted these will make a brilliant family home. With a great price tag to go with it, they won’t be available for long.
A mere ten minute walk from this lovely property will take you into the town centre where you can enjoy local amenities and embrace everything Dalyan has to offer. Available at a great price and partly furnished.
Fully furnished, quirky both inside and out is this lovely four bedroom villa. Located on a complex of four villas and in the heart of Dalyan, this residential, friendly area will be perfect for family living.