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.
Panoramic sea view duplex apartment for sale within the beautiful area of Moda on the Anatolian side of Istanbul – this is a must see listing for those looking to obtain a luxury lifestyle minutes away from everything.
This is a unique bungalow style villa for sale in a residential area of Bodrum – this Konacik property is recommended for viewing and is just five minutes away from the centre where everything needed for family living is found.
Built to luxury standards throughout, this fantastic villa has an unobstructed view of the sea and is nestled within the popular area of Geris in Yalikavak – complete with its own private garden and large swimming pool.
With unobstructed views of the sea, this fantastic home is nestled within a peaceful area of Gundogan and is suitable for Turkish Citizenship – all just a few minutes driving distance away from the nearest sea and beach.
Panoramic luxury designer properties in Yalikavak minutes away from the marina and town centre full of lifestyle facilities and amenities – these homes form part of a boutique project designed and built using A+ materials.
Looking out across the Bosphorus Sea and Galata Tower, this historical apartment is found in Galata within a charming building and is a must see for those looking to live in the very heart of Istanbul where everything moves.
This villa is home to absolute incredible views over the Bay and surrounding area. Located in a prime location, right on the sea front, the villa comes fully furnished in a tasteful and respectful manner, making your moving into your home in Turkey all the more easier.
Designed a unique Greek style house in the middle of Yalikavak, this detached property is just a short 900 metre walking distance from the sea and is available today as completely furnished and ready to move in immediately.
5-star designed apartments for sale in Konyaalti area of Antalya, forming part of a deluxe project with a full range of social facilities available and gorgeous views heading out towards the sea and beach just metres away.
Boasting the wow factor, this special apartment is located in one of the most desired and elite neighbourhoods of Antalya, and is just metres away from a green park and wonderful beach area. There is also a full range of hotel facilities within the project.
Detached villa for sale in the heart of Kalkan, just a short walk away from popular restaurants and busy bars for spending days relaxing and enjoying life in Turkey – this is a tremendous home for the entire family to enjoy.
150 metres away from the nearest beach, this Koyunbaba villa has a beautiful sea view and its own private landscaped garden with central swimming pool – ideal for those looking to move to Turkey with their loved ones.
Within metres to a large shopping mall offering a range of daily shops and amenities, this brand new project is located in Kagithane area of Istanbul and offers apartments for sale in sizes ranging up to three bedrooms.
Suitable for Turkish Citizenship by Investment, this detached sea view villa is located at the seaside in Mimaroba area of Buyukcekmece in Istanbul and enjoys the most beautiful daily sunsets and panoramic sea views.
5-star villas in the heart of Yalikavak, located just 500 metres away from the seaside and world class amenities and facilities including the Palmarina – each home has its own private swimming pool and two separate garden levels.
Infinity swimming pool detached villa for sale in a residential area of Yalikavak in Bodrum, just a short 300 metre walking distance from the beach and within close proximity to daily shops and local amenities in Turkey.
Situated at the waterfront in a prime position, this outstanding stone built villa is found in the Kas peninsula of Turkey and is a must see for those looking to live in the country close to all daily amenities and facilities.
Stunning property for sale in a residential area of Kalkan, looking down towards the sea with a stunning panoramic view stretching for as far as the eye can see – this is one of the most impressive homes that you will find in this area of Kalkan today.
One of the largest plots that you will find on Sovalye, this is an incredible opportunity to build a beautiful home with private access to the sea and mooring facilities ideal for a boat lover seeking to explore the seas surrounding Turkey.
Built to luxury standards throughout, this fantastic villa is for sale in Bademli area of Mudanya and has seven bedrooms for the largest of families to live in Turkey – call us today to arrange your visit at the earliest.
Our real estate analysts suggests that anyone who purchases a home within this 5-star elite project could see a total return on their money within 10-12 years, making this a property in Turgutreis that you simply cannot miss.