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.
Five minutes walking distance away from the nearest Subway station for commuting and moving around the city of Istanbul on a daily basis, this excellent complex offers properties for sale in sizes up to five bedrooms.
Istanbul
Priced to sell quickly, this ground floor apartment is for sale in Tasyaka area of Fethiye and is just a short walk away from amenities and transportation – enquire today to arrange your visit at the earliest convenience.
Fethiye
Located directly at the seafront with some of the most impressive views imaginable, this designer project is found in Kargicak area of Alanya and residences are available today with excellent payment terms to choose from.
Alanya
Five minutes away from Antalya Airport for easy accessibility, these modern apartments are priced to sell and offer high investment value for buyers – forming part of a boutique project with social facilities available.
Antalya
Offering properties up to five bedrooms for sale, this project is perfect for the largest of families looking to relocate to the city of Bursa in Turkey – nestled within the residential neighbourhood of Nilufer.
Bursa
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.
Alanya
Close to the famous Cleopatra Beach and local shops, these bargain apartments are right in the heart of Alanya centre and are suitable for year round life – this is an opportunity not to miss so call or contact us today for more information.
Alanya
These green valley homes are surrounded by nature and sea views, and are listed for sale at great prices – anyone looking for their first step onto the real estate market in Turkey would do well to take a look at these residences.
Bursa
This project boasts separate social facilities for men, women, and children to spend time with their friends and is located in Mudanya in Bursa, enjoying a tremendous view from large terraces and available in sizes up to five bedrooms.
Bursa
Rising in Altintas area of Antalya, these bargain apartments have been constructed to luxury standards and have access to a full range of amenities and social facilities including a large swimming pool and gardens.
Antalya
Invest in Turkey when you purchase one of these affordable apartments within the Aksu, Altintas area of Antalya, forming part of a hotel-quality complex equipped with a range of amenities and social areas.
Antalya
Located on the ground floor of a high quality building, this gorgeous sea view apartment is for sale today at bargain price not to miss out on in the Kas region of Turkey – arrange your visit at the earliest by calling or contacting us.
Kas
In a fast developing area of Istanbul, these brand new apartments are for sale in Kartal and enjoy panoramic views out across the sea and Princes Islands – located just metres away from a Metro for daily commuting.
Istanbul
Directly at the seafront, these designer properties have some of the best views imaginable and are located in the Kestel area of Alanya, suitable for families living in the city with access to a full range of social communal facilities.
Alanya
Priced to sell, these quality apartments rise within the peaceful area of Yenikoy in Dosemealti and have access to a shared swimming pool and gardens – available for buyers to purchase in various types and sizes.
Antalya
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