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.
Marmaris apartment for sale just a short walking distance away from the beach and within minutes to the city centre full of life and things to do – this spacious residence has everything in place for year round living in Turkey.
Marmaris
With the construction of the third bridge, time taken to travel between Yalova and Istanbul will drop to a hugely impressive 20 minutes, making properties here a great purchase for those who are seeking to invest in their future.
Yalova
We have carefully chosen this family orientated project in Esenyurt as one of our top picks in Istanbul due to the location, quality and size of apartments, bargain prices, and easy accessibility for those commuting to the centre.
Istanbul
Well placed in the region are these spacious and highly desired apartments offering you everything you could need for your year round requirements in Turkey. Choose from a range of apartments or penthouses, all well priced for superb investment value and holiday needs.
Alanya
For sale at a great price, this spacious apartment is situated within an outstanding complex in the Kemer region of Antalya in Turkey and has access to green landscaped gardens, a large swimming pool, and so much more.
Kemer
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
Located on the ground floor for easy access to and from, this spacious apartment is located within a popular complex in Calis with swimming pool, gardens, and social facilities for residents to enjoy together daily.
Fethiye
Within close proximity to daily amenities and just a few minutes driving distance away from the town centre of Fethiye are these quality apartments for sale at affordable prices – choose from units up to three bedrooms.
Fethiye
Minutes away from public transportation and daily amenities, this project offers affordable housing in the central district of Kagithane and is placed within an urban regeneration zone making it suitable for investment.
Istanbul
Forming part of a high quality complex with swimming pool and gardens, these spacious apartments are nestled within Aksu Altintas area of Antalya and are just a few minutes away from the International Airport.
Antalya
This is a unique opportunity to purchase two apartments in Kas – suitable for buyers looking to invest with tenants currently in place providing high income. Located in the Cerciler area of Kas, these units have beautiful views out to the sea.
Kas
Built to modern standards by a top developer in Istanbul, this exciting project offers spacious apartments for sale in Yakacik area of Kartal and is ideal for those looking to relocate to Turkey with their family members.
Istanbul
Rising in the peaceful area of Nilufer in Bursa, these charming apartments are on the market at affordable prices and have spacious bedrooms inside – providing space for families to live together comfortably with nature views.
Bursa
Within five minutes of the main town centre, this duplex apartment is nestled within a peaceful area of Deliktas on the outskirts of Fethiye and is a must see – surrounded by daily shops, amenities, and things to do.
Fethiye
On the ground floor for easy accessibility, this spacious apartment is nestled within the residential area of Gunlukbasi and is highly recommended – just a short walking distance away from amenities and shops.
Fethiye
Built with year round living in mind, these Kalkan apartments are found in a central area and are just moments away from daily amenities – choose from units ranging up to four bedrooms with various types available.
Kalkan
These bargain priced properties are your ideal escape to your own piece of heaven in quiet settings in peaceful Dalaman in Turkey. Grab one of these units today and enjoy the large swimming pool and ample garden space for you and your children to indulge in daily.
Dalaman
Ready to move in today, these spacious apartments are located in Media Highway Basin Ekspres in sizes one – three bedrooms, perfect for both investors as well as lifestyle buyers looking to purchase in the newest business district in Istanbul.
Istanbul
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