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.
Situated at the top of the peninsula with some of the best sunsets and views out towards the sea is this striking fully furnished villa in Kas – ideal for those looking to live in a peaceful area within easy driving to the town centre.
Minutes away from Bahcesehir Lake with beautiful nature views, these brand new flats are for sale in sizes ranging from studios – three bedrooms and are equipped with a full range of social and on-site facilities for residents to use.
Close to the largest artificial lake in all of Turkey, these Bahcesehir Lake properties have been built by a top developer in Istanbul to superb standards and enjoy access to a full range of on-site areas for residents to relax with loved ones.
Incredible investment opportunity in the heart of Beyoglu, listed today for sale at 30% below market value for a smart investor to get in today and enjoy high capital appreciation over the next 2-3 years – you cannot miss this one.
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.
With a touch of authenticity throughout, this gorgeous property is absolutely superb and features a private swimming pool, landscaped green gardens, and lots more to discover inside – a dream home in the sun in Turkey.
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.
This is a unique opportunity to purchase an entire building for sale in the city centre of Antalya – just minutes away from daily shops and all necessities with a tram station located directly outside for centre commuting.
Tenanted by a national bank with a ten year lease available, this commercial property is found alongside the coast of Istanbul in Bakirkoy and is just minutes away from local amenities and public transport full of people.
Located in the city centre of Istanbul, this commercial property has been tenanted for the last 25 years by a national bank in Turkey and has a ten-year lease remaining for those looking to invest and seeking rental income.
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.
Charm Blue Looking out across the sea with some of the most impressive panoramic views possible are these brand new apartments in Zeytinburnu for sale – this is the last chance saloon to buy a seafront home in central Istanbul.
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.
Opposite Vadi Istanbul shopping mall, prime location real estate at excellent investor prices. Luxury homes in central Istanbul Maslak 1 to 4 bedrooms with options available to buyers. Best location, Avantgarde design, superior quality.
Close to the nearest seaside with tremendous sea views from a large balcony is this bargain priced apartment for sale in Mahmutlar area of Alanya – ideal for those looking to live on a permanent basis close to everything, a must see.
A few minutes away from the seaside, these brand new apartments are tenanted with a rental guarantee in place for three years after purchasing – found in a residential area of Beylikduzu overlooking natural green surroundings.
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.
Offering complete privacy, this expansive plot of land would be ideal for building a two storey villa in Istanbul and has permission in place for a gross area of up to 2,525m2 – more than enough space for a magnificent home.