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.
On the first line to the sea is where you will find this three bedroom apartment fully furnished and ready to move in upon purchase. Great views are offered from all rooms inside, as well as superb facilities and location just a short few minutes to some of Alanya's favourite spots.
With six bedrooms inside, this villa has more than enough space for the largest of families to relocate to the residential area of Calis in Fethiye and is just 500 metres away from the busy promenade and restaurants.
Suitable for Turkish citizenship applications, these apartments are for sale in the Kosuyolu area of Istanbul on the Anatolian side of the city and are now fully completed and ready for buyers to move in immediately.
Close to the Metro and daily amenities, these spacious apartments rise in Kadikoy on the Anatolian side of Istanbul and have sea views from higher floor units – enquire today to secure yours at the best possible price.
Right in the heart of Istanbul, these prestigious apartments are for sale in Nisantasi and are just a short walk away from City’s Nisantasi shopping mall – suitable for those who want to invest or those who want to live in the centre.
Masgard Homes, located in the centre of Istanbul, prestigious area of Maslak, are just opposite Vadi Istanbul, the finest shopping mall in the city. Backing onto the Belgrade Forest with fantastic views for those investing in Turkey.
With 111 on-site stores and commercial units, coupled with an extensive range of social and communal facilities, these properties are a must see in Buyukcekmece and are situated just minutes away from the sea with endless panoramic views.
Close to all daily amenities in a peaceful area of Ovacik, this luxury designed villa is found close to Oludeniz Beach and is a must see for someone looking to live in Turkey permanently with children and loved ones.
Built to exceptional standards by a top developer in Fethiye, this tremendous property is for sale in the Hisaronu area of the region and is just a short walk away from shops, restaurants, and public transportation for moving around.
Within minutes to the world famous Oludeniz Beach and Ovacik centre, this high quality villa is nestled away on the mountainside with tremendous views and would make for a lovely year round permanent family residence.
These low-rise apartments are suitable for raising a family in Turkey and are nestled just a few minutes away from the seaside in Buyukcekmece – Title Deeds are ready, making these suitable for Citizenship by Investment.
With only 13 houses in total, this project is likely to sell out sooner rather than later – call or contact us today for details about these Yalikavak villas located in a superb private estate with sea view swimming pools and gardens.
These are real homely residences in Istanbul designed to reflect on the cultural history and spirit of the city. These properties ooze a luxury appeal that would be hard to find anywhere else in Turkey. An absolute must see.
Big Life near Little Bosphorus, opportunities like this are running out in Istanbul – these luxury apartments are within the heart of urban regeneration in the Old City Golden Horn area and form part of an excellent complex with top social facilities.
Constructed to elite standards by a top developer in Bodrum, this contemporary villa is nestled in a highly private area of Yalikavak in Bodrum and enjoys ample privacy with a large garden and swimming pool outside.
Offering an extensive range of on-site social and communal facilities, this outstanding project offers apartments for sale from one – four bedrooms in a residential area of Beylikduzu and is perfect for lifestyle buyers as well as investors.
Take in sublime panoramic views over the sea when you invest in one of these modern properties for sale in Bodrum just minutes away from the centre and sea area. These properties tick all the boxes and are ones not to be missed. In a rare location.
Minutes away from Taksim Square and the Bosphorus Sea, this penthouse-style apartment is located in the heart of Bomonti in Sisli area of Istanbul and forms part of a prestigious site with 5-star services to use.
Tranquil three bedroom house for sale within a highly sought after private estate in Yalova, situated just five minutes away from Marmara Sea and beach – an excellent and highly residential spot for exploring this area of Turkey.
Detached house in the peaceful neighbourhood of Agullu in Kas, situated a 7km drive away from the main town centre full of life and things to do – this property has panoramic views heading out towards the sea and surrounding nature.
With access to a swimming pool and mature gardens, this four bedroom duplex apartment is perfect for families looking to move to Turkey permanently and is nestled within a residential area of Calis close to amenities.