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.
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.
Built to luxury standards by a top developer, these Cengelkoy properties are located on the Anatolian side of Istanbul in Uskudar and are just 800 metres away from the seaside with spectacular views across the Bosphorus.
Just 100 metres away from the main street lined with shops and things to do, these modern apartments are for sale at affordable prices in Oba area of Alanya and would be ideal for use as family residences in the sun.
Built to exceptional standards, these sea and mountain view villas are found in the sought after area of Kargicak in Alanya and have private swimming pools and landscaped gardens for relaxing and spending time outside.
Built to luxury standards by a top developer in Alanya, these beautiful apartments and villas come highly recommended for viewing at the earliest and have lovely views heading out towards the sea and Taurus Mountains.
Available today at excellent prices not to miss, these brand new villas are found in a quiet area of Belek are close to all local amenities and facilities including the nearest beach and centre within a 2km radius.
Capturing everything that makes Kas one of Turkey’s gems, this stone built villa is perched in a highly private area and offers an exclusive lifestyle for those looking to escape to enjoy panoramic sea views daily.
Completely furnished and ready to move in immediately, this charming apartment is found in the heart of Kas and is just minutes away from amenities – suitable for those wanting to live in the peninsula with a small to medium sized family.
Built to custom standards by a top developer in Kas, this delightful villa has all the charm of a year round family property within the peninsula and is situated within its own private plot with large swimming pool outside.
Situated within a huge plot guaranteeing a private lifestyle in Turkey, this spacious Kas villa is found in Gokseki and has a lovely view out towards the sea – available today at a bargain price, do not miss out on this opportunity.
Looking out towards the sea with an uninterrupted view, this magnificent villa is found in a quiet area of the Kas Peninsula and is a must see for those looking to obtain a high quality of life with their purchase of real estate.
With sweeping views out towards the nature, this is an excellent opportunity to buy a plot of land for sale in a desired area of Kas in Turkey, found in a private position with room to build a large four or five bedroom house.
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Built to superb standards by a sought after developer in Izmir, these Urla villas can be bought in sizes ranging from four – five bedrooms and each has their own private landscaped green garden and swimming pool to enjoy.
In front of a large green park with a fantastic sea view, this spacious apartment is for sale in the Lara area of Antalya and is a must see for those relocating with their children to Turkey – this is a rare find on the market.