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.
If you are looking to invest in the centre of Istanbul, this is a wonderful opportunity to purchase an apartment in the sought after area of Kagithane where urban regeneration is uplifting the face of the area as one of our top picks.
Istanbul
High quality apartments suitable for investment and lifestyle buyers looking to purchase in the new international financial centre of Istanbul – these Atasehir properties have access to a full range of social and on-site facilities.
Istanbul
Deluxe villa designed to perfection in a residential area of Kalkan, enjoying sweeping panoramic views from a private pool and garden – this is one of our top picks in this region of Turkey and comes highly recommended for viewing.
Kalkan
With a beautiful view across the Sea of Marmara, this comprehensive complex is a must see for anyone looking to purchase a family home in Beylikduzu; complete with residential facilities and spacious homes offered from two – four bedrooms.
Istanbul
With eight bedrooms inside, this property has enough space for the largest of families to live comfortably in Kemerburgaz area of Gokturk in Istanbul – complete with beautiful views out towards the Belgrade Forest.
Istanbul
Ideally located in Akkaya with lake views, a custom built house with luxury features that will leave you in awe at the quality on offer and attention to detail to make this one of the very best international real estate options you could possibly find. 2 types of villas are available so call today.
Dalaman
Suitable for obtaining Turkish citizenship through means of investment, this superb apartment is located inside a top complex in Tarabya area of Sariyer in Istanbul and offers three rooms for a family to live comfortably.
Istanbul
Built across a single floor for easy living, this bungalow-style villa is nestled within the peaceful area of Kucukbuk and has its own swimming pool and green garden for spending endless summer days outside.
Bodrum
With sweeping views out towards the nature, this is an excellent opportunity to buy a plot of land for sale in a desired area of Kas in Turkey, found in a private position with room to build a large four or five bedroom house.
Kas
Fully completed and ready for buyers to move in, this fantastic project offers tremendous apartments for sale in Kadikoy area of Istanbul, metres away from Bagdat Avenue, one of the longest shopping streets in Turkey.
Istanbul
Tucked away in a private area of Beylikduzu, these contemporary villas are perfect for families that are looking to live in Turkey on a permanent basis with easy access to local amenities, schools, and much more.
Istanbul
Set to be the tallest building in Istanbul once completed, this is a unique opportunity to invest in a central apartment designed to 5-star standards – these properties are found in Maslak and enjoy stunning city landscape and skyline views.
Istanbul
Unique properties for sale on the Asian side of Istanbul in Maltepe, enjoying wonderful vistas heading out towards the sea and Princes Islands – these residences are available from one – four bedrooms in multiple different types to choose from.
Istanbul
With access to a range of social facilities and amenities, these spacious villas are for sale in a desired area of Konyaalti close to the Bogacay River project and have been constructed to luxury standards from top to bottom.
Antalya
Close to West Marina with striking nature views, this brand new villa forms part of a private estate in the Beylikduzu area of Istanbul and is ideal for those seeking a life of luxury within easy commuting distances to the centre.
Istanbul
These luxury-designed properties are just minutes away from Bodrum Marina and within close proximity to the nearest beach for relaxing on a daily basis – available for purchase in multiple types and sizes to choose from.
Bodrum
Just a few minutes away from Bodrum Marina and the town centre, these luxury-designed Smart properties are a must see for family living within the peninsula and form part of a high quality complex that is fully completed.
Bodrum
This incredible project has its own man-made private beach and central lake where residents can sail on a daily basis in Cankaya area of Ankara – perfect for those who are looking to live in the cultural heart of the city.
Ankara
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