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.
Built to contemporary standards by a top developer in Bursa, these brand new properties are located in the residential area of Nilufer and are suitable for year round living and raising your family in peaceful settings in Turkey.
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.
This outstanding project offers spacious apartments for sale, meaning it has been designed specifically for family living in Bursa, located in the peaceful and highly residential area of Mudanya just ten minutes away from the nearest mall.
Providing a healthy rental income for the current owner, this organic bazaar is a superb investment in commercial property in Istanbul and is situated along a busy high street close to other shops and transportation.
Built to luxury standards throughout, this brand new project offers apartments and villas for sale in a residential area of Yalikavak in Bodrum and is just 50 metres away from a private beach for relaxing at the seaside.
Suitable for families looking to live in Istanbul, these Kucukcekmece properties have fantastic views heading out towards the famous Lake and have Title Deeds in place – ideal for Turkish Citizenship by Investment applications.
Family house tucked away amidst a pine forest in Ovacik, found close to local amenities and set within a large garden with private swimming pool. The property offers four bedrooms, all en-suite and all with balconies attached.
Bargain fully furnished house in the heart of Kalkan, just a short walk away from all kinds of amenities and enjoying a remarkable view out towards the sea from all corners of the property – what more could you need?
These apartments have to be some of the finest that you will find in Kalkan centre today. Offering sea views simply out of this world, these homes are luxury from top to bottom and well priced for someone looking to purchase high quality real estate along the turquoise coast of Turkey.
Looking out towards the Sea of Marmara with extraordinary views, these luxury designed apartments are located in Beylikduzu in Istanbul and are listed for sale at affordable prices in an up and coming area of the city; a must see.
Suitable for year round living in a peaceful area of Kemerburgaz in Istanbul, these high quality homes are for sale in sizes ranging up to three bedrooms and have access to a full range of social facilities and communal spaces.
Available in sizes ranging up to three bedrooms, this excellent complex is found in the quiet village of Kemerburgaz and is five minutes from Belgrad Forest for those wanting to live in peaceful settings in Istanbul.
Located along the Turkish Riviera you will find the quaint and charming town of Kemer - offering a peaceful village lifestyle if this villa for sale just 5 minutes from the centre. Marvel in the nature surroundings and backdrop of the Taurus Mountains and forest settings making great walking scenery.
Turkey's golfing centre, Belek is a dream for those who wish to get active and enjoy a range of sporting facilities all within easy walking distance from your door. This luxury villa offers four large bedrooms and a wonderful private swimming pool within an exclusive estate of homes.
Just a short two minute walking distance to the beach is this stunning project offering a superb investment value for someone looking to capitalise on all that is great in Antalya today. Placed overlooking the river and with superb facilities for residents - very well priced and one not to be missed.
Ready for buyers to move in, these completed apartments are located in Zeytinburnu area of Istanbul and are for sale at excellent prices – situated just 200 metres away from the nearest Metro for city centre commuting.
One of the largest plots of land that we have available on our books, this expansive plot is suitable for building the biggest of projects in Istanbul and is tucked away in the peaceful and rural area of Catalca close to the new airport.
With Title Deeds ready, these completed apartments are ideal for those looking to apply for a Turkish passport via the purchase of a property and are located in a peaceful neighbourhood of Buyukcekmece, close to the seaside.
Pick up a bargain priced apartment in Bahcesehir when you purchase one of these high quality residences within a spectacular and fully equipped project – set within green gardens, buyers can choose from homes ranging from one – four bedrooms.
Title Deed ready homes ideal for those looking to obtain Turkish Citizenship by means of real estate investment in a growing area of Istanbul – these Beylikduzu properties are available in sizes ranging up to eight bedrooms.