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.
Built to luxury standards from top to bottom is this superb three bedroom apartment for sale in the residential Karsiyaka area of Izmir – close to all amenities including supermarkets, shops, restaurants, and public transportation.
Izmir
Completed and ready for buyers to move in, this historical project offers a range of homes for sale in the heart of Istanbul in Taksim and is just minutes away from Istiklal Avenue lined with thousands of shops and Taksim Square.
Istanbul
Nestled in a residential area of Belek, this delightful villa is for sale at a great price and is perfectly suitable for year round living in Turkey – just a few minutes away from the nearest popular golf course and amenities.
Belek
A perfect location in Kemer surrounded by green views and perfect nature scenery. This charming villa makes for an ideal year round home possibly for a couple retiring to Turkey or an ideal holiday destination for someone seeking a getaway abroad away from the frenetic lifestyle in a city.
Kemer
Gorgeous seaside villas just metres away from the ocean with beautiful views and recently fully completed to contemporary standards – ready to move in and situated in the desired area of West Marina in Beylikduzu in Istanbul.
Istanbul
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
Spacious interiors and a modern design makes this villa a perfect family home in the lovely settings of Kemer in Turkey. Close by you will find the beach and sea just a short walk in the sun away. Sitting in a well kept garden complete with a swimming pool and natural views.
Kemer
Looking out across the surrounding mountains and lush green valleys with beautiful views, this magnificent home is for sale in the Uzumlu area of Fethiye and is completely furnished and decorated from top to bottom.
Fethiye
Furnished house in the heart of the Old Town in Kalkan, complete with its own large private swimming pool and sweeping sea panoramas – this property is ready to move in as soon as the purchase process has been finished.
Kalkan
With four bedrooms inside, this property is suitable for year round living in Bursa and has its own private swimming pool and landscaped garden for relaxing and spending long summer afternoons outside with the family.
Bursa
Located just metres away from the seafront with gorgeous views and access to mooring for a boat is this charming villa for sale in Izmir area of Turkey – this is a rare find that will not be on the market for much longer.
Izmir
This four bedroom home is situated within a small estate of just a few villas, and has its own private green garden with swimming pool outside – nestled in a peaceful area of Ovacik with tremendous Babadag Mountain views.
Fethiye
Invest in a commercial shop in a central area of Istanbul when you purchase one of these units in sought after Kagithane, within a top complex with a full range of social facilities and potential customers just metres away.
Istanbul
Nestled in a peaceful area of Uzumlu in Fethiye, this tremendous detached villa has its own private landscaped garden and large swimming pool for relaxing outside on a daily basis with lovely views of the green surroundings.
Fethiye
Elite apartments for sale in the sought after residential area of Bahcesehir in Istanbul, suitable for investment with a strong exit strategy for those seeking rental income – please contact us today for figures and details about these homes.
Istanbul
Spacious villa designed in a modern contemporary manner, located just a few minutes walking distance away from amenities in residential Calis area of Fethiye – suitable for those looking to live in the area permanently.
Fethiye
Contemporary villas for sale in a residential area of Izmir in Turkey, situated within their own private landscaped gardens boasting infinity swimming pools and exceptional views heading out towards the natural surroundings.
Izmir
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.
Antalya
Offering various different types of apartments for sale in central Istanbul, these Kagithane properties are perfect for investors and lifestyle buyers looking to live in Turkey on a year round permanent basis.
Istanbul
Forming part of a high quality complex with access to green mature gardens and a central swimming pool are these fantastic apartments in Adabuku for sale, nestled just a short distance away from local amenities.
Bodrum
Close to the city and beaches, yet featuring an authentic village style to it, this home offers you the complete best of both worlds - a very rare find in Antalya complete with an oversized swimming pool and 5 spacious bedrooms all at this moderate and affordable price.
Antalya
Highly private home situated within a large garden with swimming pool, just a short 20 minute walk away from the centre of Calis and even closer to local amenities including transport options, restaurants, and grocery shops.
Fethiye
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