Overlooking striking mountains and valleys, this fully furnished property is tucked away in a residential area of Uzumlu close to the centre and would make for a wonderful family home to enjoy all year round – a must see.
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.
Located in the centre of Bursa, within walking distance to two shopping malls is this family designed project offering only three bedroom properties for sale – ideal for those looking to relocate with young children to Turkey.
This three bedroom villa has recently been reduced in price to assure a quick sale, so contact us today or risk missing out on this charming home in Koca Calis, just 500 metres away from the nearest beach and all lifestyle facilities.
Designed to top quality standards, this is a project of just two detached villas in total and both have their own private gardens and swimming pools – all within five minutes driving distance to the world famous Oludeniz Beach.
Bargain price for a high quality duplex apartment in a residential area of Calis, enjoying a sea view just 250 metres away from the beautiful beach and set within a quality complex with shared swimming pool and landscaped gardens.
This is a unique opportunity to purchase two apartments within one, offering an abundance of rental potential for any investors looking to obtain a high degree of income from one residence whilst living in the other – contact us for all the details.
Bargain priced duplex apartment situated just a short walking distance from the famous beach and promenade for someone looking to retire or relocate to Fethiye to the charming and sought after area of Calis, this is a must see.
Pick up a large four bedroom detached villa in Calis at an excellent price when you purchase this lovely home in a residential area perfect for family life with all amenities and facilities situated just a short walking distance away.
Close to the beach and near to public transport that will take you around Bodrum with ease, these wonderful apartments are priced to sell and offer the opportunity of enjoying a year round location and excellent on-site facilities.
State-of-the-art residences for sale in Yalova, forming part of a brand new Wellness Spa and Resort fully equipped with social and communal areas designed to cater towards a luxurious and completely relaxing lifestyle.
Overlooking the sea and Bodrum Castle, this centrally located property is bargain priced and ideal for family living in the peninsula, situated within a residential complex with large shared swimming pool and landscaped gardens.
Recently refurbished from top to bottom to modern standards, this charming house is just ten minutes away from Oludeniz beach and is sold furnished and decorated, it would be ideal for a family of up to four people.