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 a few minutes to transport and the beach, this gorgeous resale apartment is found in the popular and residential neighbourhood of Gursu in Konyaalti area of Antalya and is perfect for those wanting to live in Turkey.
Antalya
This is a great opportunity to purchase a lovely semi-detached villa in Dosemealti suitable for buyers who want to apply for Turkish Citizenship – this property is just a short drive away from local shops and amenities.
Antalya
Ready to move in immediately, these Umraniye apartments are just a short walk away from the nearest Metro station and a shopping mall full of branded stores. These properties are highly recommended for viewing.
Istanbul
Fully completed and ready to move in, these spacious apartments are located in the heart of Antalya within the sought after area of Lara just a few minutes from daily amenities such as restaurants, supermarkets, and shops.
Antalya
A home so beautiful that it has been featured in numerous decor magazines, this mansion is designed using contemporary-fusion architecture and is one of the most impressive that you will find in Ortakent today – a must see.
Bodrum
Do not miss out on this opportunity to purchase six luxury designed villas for sale in the peninsula of Kas in Turkey – all with sea views and their own private swimming pools ready to be rented out all summer long to tourists.
Kas
Boutique complex of high quality apartments for sale within the residential and popular area of Konyaalti within the city of Antalya in Turkey – nestled just 500 metres away from the nearest beach and daily amenities.
Antalya
Built to luxury standards, this villa was recently completed and is located within the residential area of Gurpinar within the area of Beylikduzu in Istanbul – suitable for those who are looking to obtain a Turkish Passport.
Istanbul
Available for sale at a bargain price, this detached villa is nestled in a peaceful area of Ovacik within the Fethiye region and is fully furnished – ready for a new family to move in as soon as the purchase process has been completed.
Fethiye
Designed and built to outstanding standards by one of the top developers in Kalkan is this brand new property for sale in Ortaalan area, enjoying sweeping vistas out towards the sea and town below from all rooms inside.
Kalkan
Suitable for family living in the heart of Istanbul, these affordable properties are for sale in the central area of Bomonti within the Sisli district and enjoy access to a range of on-site facilities and social spaces including an equipped gym.
Istanbul
Recently renovated throughout into a wonderful family home, this spacious property is tucked away in a rural location in Metinler area of Dalyan and enjoys striking views across a backdrop of mountains and surrounding agricultural land.
Dalyan
With five bedrooms inside, this stunning penthouse apartment has room for the largest of families to live together in a prime area of Antalya – this Konyaalti residence is just a few minutes away from the nearest beach.
Antalya
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.
Istanbul
Looking out towards the sea with a 180-degree panoramic view, this luxury-designed villa is for sale within a private area of Kalkan and is a must see – enquire today to arrange your visit at the earliest convenience.
Kalkan
Ready for new buyers to move in immediately, this exceptional apartment is found in a quiet and highly residential area of Konyaalti in Antalya – perfect for those wanting to apply for Turkish Citizenship by means of Investment.
Antalya
Excellent investment commercial shop for sale in the residential area of Basaksehir in Istanbul, home to young families and those living in Turkey commuting towards the city centre for work purposes on a daily basis.
Istanbul
In a residential area of Konyaalti, these apartments are fully completed, and buyers can now move in – making this a golden opportunity at affordable prices not to miss out on. Enquire today before all units within this excellent project are sold.
Antalya
Nestled within a large plot of land for a private lifestyle guaranteed, this outstanding villa is for sale in the sought after area of Gocek in Turkey and is on the market today as completely furnished and decorated throughout.
Gocek
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