Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
Real Estate
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.
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.
Istanbul
Minutes away from the coast and West Marina, these Beylikduzu properties have fantastic sea views and are available as apartments or duplexes – suitable for year round living and raising a family in Turkey.
Istanbul
Rising in Altintas area of Antalya, these modern apartments are available in sizes ranging up to three bedrooms with single floor and duplexes to choose from – these properties are ideal for family living in Turkey.
Antalya
This brand new complex is located within the Lara district of Antalya and offers properties for sale in various different types and sizes for buyers to choose from – situated just a few minutes away from the beach and centre.
Antalya
With a long term tenant and contract in place, this is an exceptional opportunity to purchase a shop in a residential area of Bahcesehir and comes highly recommended for viewing at the earliest opportunity in Turkey.
Istanbul
Luxury living apartments located just minutes away from Kagithane and Maslak, at the meeting point between the two centres of life in Istanbul – choose from homes ranging from studios up to large four bedroom units for the largest of families.
Istanbul
Overlooking the sea with panoramic views to die for, these designer properties form part of an exclusive development in Bakirkoy and are highly recommended for those looking to obtain a luxury lifestyle in a sought after part of Istanbul.
Istanbul
You will struggle to find a better property in Faralya than this outstanding five bedroom deluxe villa shrouded in privacy with panoramic sea views from all levels and a spacious garden with large infinity swimming pool to enjoy.
Fethiye
Designed by a world renowned architect, these properties are centrally located and offer a luxury lifestyle like never before seen in Turkey – this is one of the most prestigious projects that you will find in the entire country today.
Istanbul
Built to luxury standards throughout, this triplex villa has its own private landscaped garden and spacious swimming pool for relaxing outside – all just a few minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Designed and built to immaculate standards, this detached villa for sale is just a short walking distance away from the centre of Hisaronu full of popular bars, high quality restaurants, and nightlife to enjoy all year round.
Fethiye
Suitable for Turkish Citizenship by Investment, these spacious properties are located in the heart of Istanbul in Eyup area of the city just a short commuting distance for those looking to live and work in Turkey on a permanent basis.
Istanbul
Fully furnished and ready to move in, this panoramic sea view detached villa is located in the residential area of Kisla in Kalkan and is listed for sale today at a bargain price – found within a private plot with large swimming pool.
Kalkan
At an affordable price, this is an excellent opportunity to purchase a high quality home in a desired area of Ovacik in the region of Fethiye, looking out towards the mountains and distant sea with a tremendous view.
Fethiye
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.
Istanbul
Belview Istanbul available at bargain prices not to miss out on, these designer apartments can be purchased in sizes ranging from one – three bedrooms with duplexes and normal floor residences to choose from on the Anatolian side in Dragos.
Istanbul
Enjoy a panoramic sea view when you purchase one of these family villas for sale in the residential and highly sought after Gumusluk area of Bodrum – situated just a short 500 metre walking distance away from the beach.
Bodrum
Purchase a luxury apartment for sale in the golf town of Belek, located just metres away from the nearest professional quality course – this three bedroom residence is found within an excellent complex with stunning on-site facilities.
Belek
These unique properties are located next to Beykoz Forest in Istanbul and enjoy sweeping views heading out towards the green natural surroundings – ideal for families looking to live away from the busy city centre.
Istanbul
Located within Zone 1 Besiktas area of Istanbul, these fantastic apartments are ideal for Airbnb and have a rental guarantee system in place for investors – enquire today to arrange your visit at the earliest opportunity.
Istanbul
This is a special property – this penthouse apartment rises in Umraniye on the Anatolian side of Istanbul and has supreme views over the city and sea. Luxury features include a home gym, cinema room, and winter garden.
Istanbul
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