Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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 Turkish real estate for sale.
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 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 for sale are ideal for families with children, where shallow waters gently touch sandy shores. Real estate 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 flats for sale in Turkey near the 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 Turkish real estate 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 the Turkish real estate industry 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 real estate. 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.
Outstanding 5-star properties for sale in Turkbuku just a few metres away from a private beach within an elite complex with hotel facilities available for residents to use – this is one of the most impressive sites in the peninsula.
In the centre of Kagithane, these luxury-designed homes are suitable for Turkish Citizenship by Investment with Title Deeds ready and have access to a full range of social facilities and shared spaces for residents to enjoy.
Located just 50 metres away from a subway station, these excellent apartments are found in Esenyurt area of Istanbul and are suitable for families wanting to live in the city with flats for sale up to four bedrooms inside.
Tucked away in a peaceful area of Uzumlu, these brand new bungalow style properties are suitable for retiring to a quiet part of Fethiye and have spacious green gardens with infinity swimming pools to enjoy.
Suitable for buyers looking to obtain Turkish Citizenship, these outstanding properties are found in the Atasehir district on the Anatolian side of the city and are within easy walking distances to the new Istanbul Finance Centre.
An excellent option for those wanting to invest in Antalya in the desired and residential area of Konyaalti, just moments away from shops and forming part of a quality complex with shared swimming pool and landscaped gardens.
At an affordable price, this is an excellent opportunity to purchase a high quality home in a desired area of Ovacik in the region of Fethiye, looking out towards the mountains and distant sea with a tremendous view.
Located on the marina side of Kas, the home has access to a shared jetty and sea platform – perfect for sea lovers or people who own boats or yachts. The marina itself is only a few minutes away and is one of the best along the coastline.
Built to modern standards, these deluxe villas are found in Kargicak area of Alanya and have lovely views heading out towards the sea and natural surroundings – suitable for use as year round permanent residences.
Located in the countryside area of Patara in Kas, this wonderful property is on the market today as completely furnished and decorated throughout – this is one that you do not want to miss and comes highly recommended.
Surrounded by forests and nature at every turn, this spectacular project offers marvellous homes for sale on the coast of Riva in Beykoz and are available in sizes ranging from two – six bedrooms with multiple types.
Brand new, immaculate apartments for sale in the neighbourly region of Kargicak, complete with a large selection of indoor and outdoor on-site shared facilities to maximise a healthy lifestyle with peace and tranquillity.
Just a short walking distance away from the Istanbul Finance Centre, these skyline view apartments are for sale in Atasehir and have Title Deeds in place, making them ideal for obtaining Turkish Citizenship by Investment.
Available at bargain prices not to miss, this new development is found in a residential area of Eyup in a developing part of Istanbul in Turkey and is just minutes away from daily amenities and local necessities.
Available in sizes ranging up to three bedrooms for buyers and investors to choose from, this is an excellent opportunity to buy in Eyup area of Istanbul and Title Deeds are ready. Contact us for more information.
Fantastic apartments for sale in the sought after area of Beykoz in Istanbul, looking out towards the sea and beautiful skyline of Istanbul within a top project with comprehensive social facilities for residents to use.
An investment that combines a superb lifestyle in an up and coming area behind West Marina in Istanbul is this range of properties for sale in a high class project well equipped with everything one would need for day-to-day living in a striking and serene location.
Within 30 metres to a private sandy beach for relaxing all day long, this spectacular 5-star project is located in a desired area of Alanya and offers apartments for sale in sizes ranging up to four bedrooms inside.
Ideal for those seeking rental income in Turkey, these modern apartments are within close proximity to beaches, supermarkets, and local shops in Kargicak and are available in multiple types and sizes to choose from.
Stone built private mansions for sale at Demirbuku Bay in Bodrum, just a few metres away from a 1.5km shoreline and beach for relaxing at the seaside or sailing some of the best sailing routes in the peninsula.
Built to luxury standards, these new villas are located in the Kargicak district of Alanya and have beautiful views out across the surroundings – ideal for those with children who are looking to make a permanent move.
Built to deluxe standards by a top developer in Alanya, these Kargicak villas have delightful views heading out towards the sea and surroundings and are situated within private gardens with swimming pools to enjoy.