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.
Offering huge investment value for buyers, The Boulevard properties are just a few minutes away from everyday necessities in Sefakoy area of Kucukcekmece in Istanbul and rise next to the E-5 Highway for commuting.
Istanbul
Constructed to 5-star standards and designed with family living in mind, these mesmerising properties are found in Kucukbuk area of Gundogan and are just a few moments away from the seaside and daily amenities.
Bodrum
200 metres away from the nearest Metro connecting towards the city centre and Istanbul Airport are these fantastic apartments and villas in Kagithane – enquire today to reserve yours at the best possible price.
Istanbul
Close to the Bosphorus shoreline, this fantastic commercial property is located in Kurucesme area of Besiktas in Istanbul and offers 180m2 of internal space – ideal for a restaurant or trendy coffee shop in Turkey.
Istanbul
Newly renovated to high quality standards, this building is located within the Ayvansaray area of Fatih and is ideal for operating as a coffee shop – contact us to arrange your visit at the earliest convenience.
Istanbul
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 excellent mountain and sea views, this spacious duplex penthouse is the ideal purchase for someone who is looking to move to Alanya and enjoy a fine life abroad. This modern apartment is listed for sale completely furnished and ready to move in tomorrow.
Alanya
Tuzla apartment for sale within a residential area of Fethiye, situated just a short five minute walking distance away from the town centre full of life and things to do – this is a must see that will not be available for long.
Fethiye
Part furnished, this spacious four bedroom detached property is found in the Metinler area of Dalyan close to daily amenities and facilities, overlooking a wonderful backdrop of mountains and surrounding nature at all turns.
Dalyan
Ready to move in immediately, this beautiful duplex apartment is nestled within an elevated position of Ahat in Tasyaka and has views of the sea, city, and surrounding mountains from attached balconies and terraces.
Fethiye
Within walking distance to some of the best beach clubs and famous rooftop restaurants that Kalkan is known for, is this gorgeous sea view fully furnished villa listed for sale at an absolute bargain price – do not miss this one.
Kalkan
This detached villa is nestled in Seydikemer area of Fethiye and is perfect for those who are seeking a countryside lifestyle in Turkey – just a short walk away from the nearest town centre full of restaurants and shops.
Fethiye
For sale at a bargain price not to miss out on, this charming villa is found in a residential area of Ovacik and has delightful views heading out towards the surrounding mountains and valley – this is a must see.
Fethiye
For sale at a great price for the location and quality, this five bedroom house is found in Calis and has its own mature garden and private swimming pool – this listing would be ideal for those looking to move to Turkey.
Fethiye
Refurbished to excellent standards throughout, this tremendous villa is found within the residential area of Koca Calis and has five bedrooms – suitable for families looking to live in Turkey on a permanent basis.
Fethiye
This detached property is located within a residential area of Ovacik in Fethiye and has its own private landscaped garden and swimming pool – all just a few minutes away from daily amenities and transportation.
Fethiye
An opportunity not to miss out on – this incredible villa is found in a residential area of Ovacik in Fethiye and has panoramic countryside views, suitable for family living just 2km away from the lively resort area of Hisaronu.
Fethiye
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