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 minutes to everything needed, this picturesque villa is on the market at a bargain price and is nestled in a peaceful and private area of Kas, suitable for those who are looking to enjoy long summer vacations or live permanently.
Kas
With 111 on-site stores and commercial units, coupled with an extensive range of social and communal facilities, these properties are a must see in Buyukcekmece and are situated just minutes away from the sea with endless panoramic views.
Istanbul
650 metres away from Uzumlu Village centre full of amenities and things to do, this charming semi-detached villa is suitable for peaceful living in Turkey and has its own landscaped garden and swimming pool to enjoy.
Fethiye
With access to a private yacht marina, these luxury properties are located right at the seafront in Buyukcekmece with outstanding open sea views and access to hotel services. Listed for sale at first call prices for investors.
Istanbul
Enjoying panoramic views out towards the Bay and Old Town, this stunning detached house is located in a rare residential area of Kalkan where listings are hard to come by, assuring that this property won’t be available for long.
Kalkan
Enjoying a full sea view, this charming villa is located in Celaliye area of Buyukcekmece and is just two minutes away from everyday necessities and amenities – this listing is ideal for year round living with a family.
Istanbul
Enjoying peaceful views out towards the surrounding nature and forests, this bargain priced property is located in a residential area of Kemer and is within close proximity to the nearest beach and city centre full of life and things to do.
Kemer
Suitable for small and large sized families looking to live in the city centre of Istanbul, this tremendous project offers luxury apartments in Taksim and has access to a full range of on-site facilities and social spaces.
Istanbul
Situated just five minutes walking distance away from the village centre and for sale at a bargain price is this scenic three bedroom home in Uzumlu – complete with its own private garden and spacious swimming pool to enjoy.
Fethiye
Do not miss out on this incredible opportunity to invest in a 5-star apartment for sale in the centre of Istanbul, perfect for city commuting and living with your family in one of the most desired up coming areas in Kagithane.
Istanbul
These apartments have Title Deeds in place and are now fully completed – ready for buyers to move in and available up to four bedrooms in the residential and fast-developing area of Umraniye on the Anatolian side.
Istanbul
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.
Fethiye
An incredible opportunity to purchase multiple villas at a discounted rate in the peaceful area of Islamlar in Kalkan – high rental income and potential to operate as a boutique hotel makes this the ideal buy to let investment in Turkey.
Kalkan
This expansive project is branded as a new centre of life and offers absolutely everything you could possibly think of – this is as luxurious as you will find in Istanbul and enjoys a prestigious location in Maslak just 10 minutes away from central areas.
Istanbul
Suitable for use as family homes in Turkey, these spacious semi-detached villas are found within the residential and popular area of Babatasi in Fethiye and have access to their own private gardens and swimming pools.
Fethiye
An ideal investment for someone looking to capitalise on their purchase is this spacious villa that could be rented to tourists in peak summer months. Combine your holiday home with a smart investment and enjoy long summers in Turkey overlooking the sea.
Kalkan
Enjoying incredible views of the sea and surroundings, these fantastic properties are for sale in the sought after and peaceful area of Adabuku within the Bodrum peninsula and are just 15 minutes away from the airport.
Bodrum
Forming part of a 5-star project designed and built by a top developer in Istanbul, these flats are available in sizes ranging up to four bedrooms and are minutes away from the famous Lake with beautiful views.
Istanbul
Located just a short walk away from the nearest Metro station and seaside, this superb project is perfect for city commuting or relaxing besides the sea in a residential and highly sought after area of Beylikduzu in Istanbul.
Istanbul
Urban Regeneration apartments for sale in Central Bomonti area of Sisli in Istanbul, located just 5-10 minutes away from Taksim Square within a comprehensive project offering a range of daily facilities and amenities on-site.
Istanbul
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