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.
Completed ready to move in, this spacious property is located in Marmaris and forms part of a residential complex with access to a shared swimming pool, all just minutes away from local amenities and daily necessities for life.
For sale here is a 5-star luxury designer property in Yalikavak, enjoying 270-degree vistas out towards the Palmarina and sea. Perfect for elite living in Bodrum, this house guarantees a complete private lifestyle in Turkey.
Designed to luxury standards throughout, these Izmir apartments are located close to the centre and feature an abundance of facilities catering towards a high quality of life and homes ranging up to four bedrooms in size.
These brand new luxury apartments are located in the central heart of Beyoglu in Istanbul just minutes away from Taksim Square, featuring an abundance of facilities including an indoor pool, VIP features, and lots more making them a must see.
Just moments away from the seafront with tremendous views, these spacious properties are located in a highly residential area of Beylikduzu and are available in sizes ranging from two – five bedrooms for family living in Turkey.
Designed to elite standards and surrounded by nature at every corner, these completely private villas are located in Arnavutkoy and are just 30 minutes away from the city centre of Istanbul for commuting and raising a family in Turkey.
Fully completed and ready to move in today, these luxury designer residences are located in the sought after area of Bakirkoy in Istanbul and are just 20 minutes driving distance away from the city centre and Taksim Square.
This landmark development is located just ten minutes away from Maslak, Sisli, and Besiktas and offers apartments from one – five bedrooms in multiple different types and sizes; all overlooking the Belgrad forest and Sadabad River.
Ready to move in today, these spacious apartments are located in Media Highway Basin Ekspres in sizes one – three bedrooms, perfect for both investors as well as lifestyle buyers looking to purchase in the newest business district in Istanbul.
Completed properties for sale in Media Highway Basin Ekspres just a short distance away from the nearest Metro Underground station for commuting towards the city centre within 40 minutes or less – a must see opportunity.
Within walking distances to landmark city centre developments including the largest Hilton in Europe are these Bomonti apartments for sale at launch prices that will rise considerably before completion – a perfect investment.
Overlooking the sea with a gorgeous view, this three bedroom apartment has been renovated throughout and is located in the remote area of Datca, for sale as fully furnished and ready to move in immediately – this is a must see.
Situated just five minutes walking distance away from the village centre and for sale at a bargain price is this scenic three bedroom home in Uzumlu – complete with its own private garden and spacious swimming pool to enjoy.
5-star properties for sale within an exclusive development in Turkbuku, located just metres away from a stunning private beach and platform area assuring that residents will always have their spot besides the ocean.
Featuring a shopping mall, 5-star hotel, offices, and residences – this landmark project is a must see for investors and lifestyle buyers in Istanbul, just moments away from public transport for commuting and moving towards the city centre.
With access to a private yacht marina, these luxury properties are located right at the seafront in Buyukcekmece with outstanding open sea views and access to hotel services. Listed for sale at first call prices for investors.
This apartment overlooks the sea with incredible views and is moments away from Duden Waterfall for those looking for a life of luxury in Antalya – you will struggle to find better than this 5-star residence with hotel facilities available.
Built as a huge city within a city style project, this mammoth development offers residential homes in Istanbul ranging from one – four bedrooms and is perfect for raising a family in Turkey close to everything you could need.
Overlooking a beautiful green park with outstanding views, this city within a city project is perfect for family living in Istanbul and is offered today at bargain prices that are set to rise considerably as the completion date nears.
Perfect for use as either a permanent home in the sun or a tranquil retirement spot, this is a rare bungalow for sale in Ovacik and is just a short distance away from local amenities including restaurants, daily shops, and necessities.
Fantastic opportunity to invest in the capital city of Turkey when you purchase one of these designer apartments for sale in Ankara featuring a private beach, shopping street, and so much more facilities for 5-star living.
Available in sizes ranging up to five bedrooms, these family orientated apartments are located in the heart of Istanbul just 15 minutes away from Taksim in the residential area of Topkapi currently undergoing urban regeneration.
Large sized family apartments for sale in the city centre of Istanbul at great prices today – suitable for both investors and lifestyle buyers looking to live within close proximity to a wide variety of facilities and daily amenities.
Recently renovated throughout into a wonderful family home, this spacious property is tucked away in a rural location in Metinler area of Dalyan and enjoys striking views across a backdrop of mountains and surrounding agricultural land.