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.
Within ten minutes walking distance to the famous Harbour and Old Town of Fethiye is this charming brand new apartment for sale at a great price – forming part of a secure complex and suitable for year round living.
Fethiye
Commercial offices and shops for sale in the heart of Oba in Alanya, suitable for those wanting to invest in a growing area of the city and within close proximity to public transport and other local amenities.
Alanya
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.
Antalya
Buy today at off plan prices one of these excellent townhouses located within a residential spot in Fethiye just minutes away from local amenities and close to public transport that will take you around the area in moments.
Fethiye
Within walking distance to golden beaches is this lovely unit with panoramic and open vistas over the surrounding areas of Alanya. Nestled away in the hillside just a short driving distance from the centre of the region - found in a superb complex of 44 homes in total.
Alanya
Available in various different types and sizes, these spacious apartments rise in a residential area of Beylikduzu on the European side of Istanbul and are just a few minutes away from public transport for daily commuting.
Istanbul
Built to excellent standards, this project is found in a residential area of Kalkan and offers apartments for sale in sizes up to four bedrooms, just a few minutes away from the town centre full of life and things to do.
Kalkan
This is an incredible opportunity to purchase a beachfront apartment for sale in Alanya, overlooking the sea with striking vistas and just metres away from the water for spending endless summery days sunbathing and relaxing.
Alanya
Overlooking the Princes Islands with panoramic views, these luxury apartments are located in Kozyatagi on the Asian side of Istanbul just five minutes away from Bagdat Avenue and within a short walk to the nearest Metro station.
Istanbul
These bargain apartments are for sale in Fikirtepe on the Anatolian side of the city and are available in multiple types and sizes for buyers – complete with access to a range of social facilities and shared spaces within.
Istanbul
Completed and ready for buyers to move in, this project offers Title Deed ready homes in a residential area of Kartal on the Anatolian side of Istanbul and is suitable for buyers looking to obtain Citizenship by Investment.
Istanbul
One of the most impressive designs we have come across in Alanya is this beautiful estate of luxury homes with picturesque sea views and wonderful setting coupled with great on-site facilities including indoor and outdoor pools, as well as sauna, Turkish bath, gym, and much more.
Alanya
In most European nations, you would be lucky to secure a yearly rental yield of 5%, with this amazing penthouse, you can secure up to a staggering 10% yearly rental yield - grab this one while it is hot, it certainly won't last on the market very long. An absolute gem of a find in Kalkan close to the centre.
Kalkan
Pick up a large home at a big bargain price when you decide to make this Ovacik villa your next family home in Turkey. Well located close to local amenities and complete with a shared swimming pool and gardens for all the family to lounge in on a daily basis.
Fethiye
Within a walking distance to both the town centre and the nearest beach, this bargain priced villa is the ideal solution for those who are seeking a high quality home within a sought after complex of other expat families and friendly neighbours.
Gocek
Nestled in a peaceful area of Seydikemer, this unique property boasts a stunning swimming pool and is for sale today as completely furnished and decorated – new buyers can move in as soon as the purchase is finalised.
Fethiye
Available in various types and sizes, these fantastic apartments are for sale in the Kadikoy-Fikirtepe area of Istanbul in a residential area just a few minutes away from daily necessities and public transport for moving.
Istanbul
Located just a stone’s throw away from West Marina are these expansive apartments offering a spacious living environment for those with children. These properties form part of an incredible city within a city project and cater to your every want and need.
Istanbul
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.
Bursa
Do not miss out on this opportunity to purchase a national supermarket in a popular area of Beylikduzu in residential Istanbul – shops like this are rare to market, making this a must see for investors.
Istanbul
Prime located in the heart of Kemer, this magnificent home is just 400 metres away from the seaside and beach for relaxing with your family every day – suitable for those who want to make their move to Turkey a permanent one.
Kemer
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