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.
Available today at an excellent price not to miss, this bargain plot of land is found in Bursa region of Turkey and is close to Aksu Village – the land is surrounded by nature and features several different types of tree.
Completely furnished and ready to move in immediately, this charming apartment is found in the heart of Kas and is just minutes away from amenities – suitable for those wanting to live in the peninsula with a small to medium sized family.
Built to custom standards by a top developer in Kas, this delightful villa has all the charm of a year round family property within the peninsula and is situated within its own private plot with large swimming pool outside.
Situated within a huge plot guaranteeing a private lifestyle in Turkey, this spacious Kas villa is found in Gokseki and has a lovely view out towards the sea – available today at a bargain price, do not miss out on this opportunity.
Looking out towards the sea with an uninterrupted view, this magnificent villa is found in a quiet area of the Kas Peninsula and is a must see for those looking to obtain a high quality of life with their purchase of real estate.
With sweeping views out towards the nature, this is an excellent opportunity to buy a plot of land for sale in a desired area of Kas in Turkey, found in a private position with room to build a large four or five bedroom house.
Within metres to a large shopping mall offering a range of daily shops and amenities, this brand new project is located in Kagithane area of Istanbul and offers apartments for sale in sizes ranging up to three bedrooms.
Available at great prices, these quality homes are for sale in the Akarca area of Calis and range from four – five bedrooms for families looking to live just a short walking distance away from the promenade and shops.
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Built to luxury standards by a sought after developer in Kalkan, this sea view property is located in Kalamar Bay area and is a must see for those wanting to relocate to Turkey on a year round basis with their loved ones.
Built to superb standards by a sought after developer in Izmir, these Urla villas can be bought in sizes ranging from four – five bedrooms and each has their own private landscaped green garden and swimming pool to enjoy.
In front of a large green park with a fantastic sea view, this spacious apartment is for sale in the Lara area of Antalya and is a must see for those relocating with their children to Turkey – this is a rare find on the market.
Close to the beach and local amenities, this boutique hotel offers serviced apartments for all types of traveller looking to spend summers in Turkey – this is a unique investment and one that comes highly recommended.
Set to be completed in June 2015, these luxury villas in Kalkan incorporate everything about modern real estate today that is great. Offering superb sea views and located just a short 15 minute walking distance to the water itself, there are only a couple of these ones available.
Just a few minutes away from the seafront, this outstanding property is perfect for those wanting to live in Fethiye on a year round basis with their children and enjoy central amenities within close proximity.
Panoramic sea view apartments for sale in a residential area of Izmir in Turkey, fully completed and ready for buyers to move in immediately – these homes have access to a full range of social facilities within the site.
Suitable for year round living in Izmir, these new apartments can be purchased in sizes ranging up to three bedrooms and have delightful sea views – all just moments away from public transport and daily lifestyle amenities.
The ideal family homes in Izmir, this new project is found in a residential area and offers an extensive range of social and communal facilities within – this is one of our top picks in Izmir and is one not to miss out on.
Built using locally sourced stone, this magnificent villa is found in a residential area of Side in Antalya and has its own garden and swimming pool – all just a short drive away from the popular beaches and daily amenities.
Ready to move in immediately, this furnished apartment is just 500 metres away from the famous Konyaalti beaches in Antalya and is a top pick for those wanting to relocate to Turkey with a young family to a superb complex.
Ready to move in, these spectacular properties are found in a residential area of Lara in Antalya and are just 1km away from the beach for relaxing and spending endless summer days with loved ones at the seaside.