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.
Directly at the seafront, these designer properties have some of the best views imaginable and are located in the Kestel area of Alanya, suitable for families living in the city with access to a full range of social communal facilities.
Alanya
Fully furnished, this spacious home is nestled in the peaceful area of Gocek and enjoys amazing views heading out towards the sea and mountain surroundings – suitable for those wanting to live in Turkey with seven bedrooms.
Gocek
This project has been equipped with a range of social facilities and shared spaces for those who are looking to relocate to Bursa with their loved ones on a permanent basis – rising in the fast-growing area of Nilufer.
Bursa
Priced to sell quickly, this ground floor apartment is nestled in Catalarik area of Fethiye and would make for an excellent retirement spot in Turkey with the nearest beach just 3km away and amenities even closer.
Fethiye
Available in sizes ranging up to five bedrooms, these family orientated apartments are located in the heart of Istanbul just 15 minutes away from Taksim in the residential area of Topkapi currently undergoing urban regeneration.
Istanbul
Modern properties for sale in a residential area of Avcilar, close to the seaside and recently completed to excellent standards throughout – these listings are suitable for raising a family away from the frenetic pace of life in Istanbul centre.
Istanbul
These spacious apartments have been constructed to excellent standards and are nestled in a highly private and residential area of Nilufer within Bursa – situated within a top complex enjoying landscaped gardens and facilities.
Bursa
With four bedrooms inside, this spacious villa has more than enough room for the largest of families to live together permanently in Ciftlik area of Calis – nestled just ten minutes walk away from the promenade and beach.
Fethiye
This spacious apartment is found in Tasyaka area of Fethiye and is suitable for a small family looking to move to Turkey on a permanent basis – forming part of a well-maintained complex with access to a swimming pool.
Fethiye
Fully completed and ready for owners to move in, this complex offers family apartments for sale in the Kargicak area of Alanya and is just a few short metres away from the nearest sandy beach and seaside for relaxing.
Alanya
Minutes from the nearest beach, these 5-star apartments are found within an outstanding complex in the Side area of Turkey and have been designed and built to luxury standards. Fully completed and ready to move in.
Side
Private detached house with five bedrooms offering enough space for even the largest of families looking to live in the desired area of Ovacik in Fethiye – this property is furnished to luxury standards and ready to move in today.
Fethiye
Located directly at the seafront with some of the most impressive views imaginable, this designer project is found in Kargicak area of Alanya and residences are available today with excellent payment terms to choose from.
Alanya
For sale at a great price, this spacious apartment is situated within an outstanding complex in the Kemer region of Antalya in Turkey and has access to green landscaped gardens, a large swimming pool, and so much more.
Kemer
Located just a few metres away from the sea with beautiful views is this lovely house for sale in Buyukcekmece area of Istanbul – suitable for buyers who are looking to obtain a Turkish Passport after buying real estate.
Istanbul
In the heart of Alanya city centre, these apartments are perfectly suitable for those looking to raise a family in Turkey and with residences available up to five bedrooms, perfect for the largest of families moving to the city.
Alanya
Suitable for obtaining Turkish citizenship through means of investment, this superb apartment is located inside a top complex in Tarabya area of Sariyer in Istanbul and offers three rooms for a family to live comfortably.
Istanbul
These luxury villas are found in Gurpinar area of Beylikduzu and have views heading out towards the sea from private gardens and swimming pools – these listings are suitable for Turkish Citizenship applications.
Istanbul
Designed and built to modern standards throughout, these exciting apartments are for sale in central Istanbul in Sisli district and are close to transportation, shops, embassies, and so much to see and do daily.
Istanbul
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