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.
Built to luxury standards throughout, this beautiful villa is ideal for those who are looking to live in Turkbuku area of Bodrum on a year round basis and is just a few minutes walking distance away from a beach club.
Boasting a plethora of social facilities and spaces, these peaceful apartments are found within Kemerburgaz area of Istanbul and are a must see – located just a few minutes away from daily amenities and transportation.
Available up to five bedrooms in size, this project is ideal for large families that are looking to relocate to Bodrum Peninsula on a year round basis – for more information about life here, please call or contact our local team.
Built to perfection from top to bottom, this luxury-designed mansion is nestled within a private area of Yalikavak in Bodrum and is a must see for those who are looking to enjoy complete exclusivity with their purchase in Turkey.
A golden opportunity not to miss – these Title Deed ready apartments are found in Atasehir and have everything in place for family living in Turkey. Complete with access to a host of social facilities and spaces.
This original Greek stone house is located within a peaceful area of Kayakoy in Fethiye and is surrounded by pine forests and green nature – perfect for those who are looking to escape from busy town centres in Turkey.
These low-rise apartments are suitable for raising a family in Turkey and are nestled just a few minutes away from the seaside in Buyukcekmece – Title Deeds are ready, making these suitable for Citizenship by Investment.
Surrounded by greenery and beautiful views, this is a unique opportunity to purchase three villas in the historical setting of Beykoz on the Anatolian side of Istanbul – enquire today for more information about buying here.
Fully furnished and ready for buyers to move in immediately, this duplex apartment is nestled within a residential area in the marina town of Karagozler in Fethiye – located within a site with shared pool and green gardens.
Situated within private landscaped gardens with large swimming pools, these spectacular villas are for sale within a residential area of Nilufer in Bursa and are recommended for those looking to relocate to Turkey.
Suitable for year round living in Turkey with a family, this spacious villa is nestled within the Koca Calis area of Fethiye and is close to the beach for relaxing and spending quality time with loved ones at the seaside.
5-star luxury-designed villas for sale within the centre of Belek, located just a few minutes away from the nearest championship-quality golf course and situated within their own green gardens with swimming pools.
This is a golden opportunity to invest in a prime villa within a residential and highly private area of Belek – enquire today for more information and to arrange your visit at the earliest before all homes are sold out.
Offering various types of properties for buyers to choose from, this fantastic complex is nestled within a residential area of Belek centre and has access to a shared swimming pool and landscaped mature gardens.
The Boulevard rising within a desired area of Sefakoy in Kucukcekmece, these luxury properties are suitable for family living within a top quality complex in Istanbul – enquire today to arrange your visit at the earliest.
Right in the heart of Istanbul city centre, this beautiful house is for sale in Levent and has its own private landscaped garden and parking spaces for up to three vehicles at once. Homes of this quality are rare to market.
At the heart of this villa in Silivri is a unique 200m2 swimming pool featuring a swim-up bar, areas for sunbathing, and even a shaded pool area – what more could you need for a luxury lifestyle away from the centre of Istanbul?
In the heart of Beyoglu, this is an exceptional investment opportunity for those looking to run their own successful business in Istanbul, Turkey. This hotel offers apartment-style units that can be rented short and long term.
This is an incredibly unique opportunity to live a life of privacy in Antalya when you purchase this outstanding property nestled in forests and greenery – this listing needs to be seen in person to be truly appreciated.