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.
This panoramic sea view designer property is found in Kalkan and is on the market today as completely furnished and ready to move in immediately – situated just ten minutes walking distance away from the town centre and amenities.
Built using locally sourced stone of the highest quality is this charming detached villa for sale in the Kas Peninsula of Turkey - overlooking the sea with wonderful views form a private garden and swimming pool to enjoy.
Do not miss out on this opportunity to purchase six luxury designed villas for sale in the peninsula of Kas in Turkey – all with sea views and their own private swimming pools ready to be rented out all summer long to tourists.
Nestled away in a private area of Sariyer is this designer mansion style villa for sale in Istanbul, a rare find on the market and one that will not be available for long – offering seven bedrooms inside for a large family.
Completed to outstanding standards and ready to move in today, these designer homes are situated in the sought after forest settings of Zekeriyakoy and form part of one of the most highly anticipated projects in the city.
Specially designed and built to luxury standards throughout, this brand new detached villa is found in a residential complex in the sought after Kemer area of Turkey and offers six bedrooms for the largest of families to live inside.
Second to none location on the blue flag Konyaalti beach in Antalya are these luxury apartments offering a beach lifestyle with 5 star hotel like facilities and features, as well as high rental income potential and superb sea views throughout. Close to Antalya City centre also.
This very large detached villa is found in a residential area of Dosemealti in Antalya, surrounded by natural views and offering privacy for those looking to escape to the country yet find themselves close to the city centre.
Built to be used as a family home in Kas, this gorgeous stone villa is just minutes away from the centre full of life and things to do – situated within a private plot with its own swimming pool and landscaped green gardens.
Panoramic sea view villa built to the highest possible standards in a private area of Kas, fully furnished and ready for new owners today – this house offers an abundance of rental potential for those looking to invest in Turkey.
Built using locally sourced stone of the highest quality, this sea view villa is found in a private area of Kas and is for sale at a great price for those seeking the very best real estate in the peninsula – completely furnished.
Panoramic sea view apartments for sale on the Anatolian side of Istanbul, found in Kartal just moments away from public transportation for moving around and commuting – these homes can be purchased in sizes up to four bedrooms.
Completely furnished and ready for owners to move, this semi-detached villa is located in the desirable area of Koycegiz and is just minutes away from the lake for daily walks – found within a mature garden for a quiet life.
Everything inside this house is customisable by the buyer – number of bedrooms, bathrooms, living rooms – create the home of your dreams in the highly sought after Buyukcekmece area of Istanbul with a gorgeous sea view.
Offering an extensive range of on-site social and communal facilities, this outstanding project offers apartments for sale from one – four bedrooms in a residential area of Beylikduzu and is perfect for lifestyle buyers as well as investors.
Elite apartments for sale in the sought after residential area of Bahcesehir in Istanbul, suitable for investment with a strong exit strategy for those seeking rental income – please contact us today for figures and details about these homes.
Directly at the seafront with access to the water, this stunning property is found in a private area of Kas and is fully furnished for sale – ready for buyers to move in and enjoy some of the best daily sunsets from a large terrace.
Perched on a private hillside in Bodrum, this estate offers a range of luxury villas for sale within walking distance to both the central area as well as the marina. These properties feature a striking interior layout and are well worth the tag of luxury homes.
One of the most impressive properties that you will find in Kas today – this stunning stone built traditional house is fully furnished and enjoys uninterrupted sea views and daily sunsets from all rooms and terraces inside.