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.
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.
Available today at excellent prices not to miss, these brand new villas are found in a quiet area of Belek are close to all local amenities and facilities including the nearest beach and centre within a 2km radius.
Furnished and ready to move in, this spacious villa is found in the lovely area of Kemer and is just a short 5 minute drive away from the nearest beach and features a private pool and garden with separate maid’s apartment.
Built to luxury standards, these new villas are located in the Kargicak district of Alanya and have beautiful views out across the surroundings – ideal for those with children who are looking to make a permanent move.
Resale apartment that has been kept in excellent condition by the owners, suitable for family living in a residential area of Gursu in Konyaalti and within 150 metres to the nearest popular beach and all local amenities.
If you are looking to live in Istanbul with your family, this fully equipped project is perfect and is located on the European side in Beylikduzu, available in sizes up to four bedrooms and featuring an open shopping mall with 113 shops.
These are lovely investments that could be used as holiday homes or year round residences in Antalya. Sitting in a great location means high rental income potential and also superb transport links to the city centre or beach. A very impressive design and modern feel throughout.
10 minutes away from luxury golf courses, and 10 minutes away from sandy beaches - in terms of location, you won't find a better situated property than this modern offering. Built with large floor to ceiling windows in order to capitalise on natural sunlight and present a perfect aura inside your new home.
Completed properties for sale in Media Highway Basin Ekspres just a short distance away from the nearest Metro Underground station for commuting towards the city centre within 40 minutes or less – a must see opportunity.
Priced to sell quickly, this is a certified bargain in Alanya and one that will not be on the market for much longer – contact us to arrange your visit to this charming four bedroom villa within a sought after complex.
Residential apartments for sale in the sought after peaceful area of Avcilar in Istanbul, available up to four bedrooms for all types of buyers – enjoy extensive social facilities including landscaped gardens and so much more.
These family apartments are found in the desired area of Esenyurt in Istanbul and form part of a high quality complex 50 metres from a Subway for commuting and moving around the city towards the centre on a daily basis.
Designed and built with family life in mind, these spacious and modern apartments are found on the Anatolian side of Istanbul in Uskudar and are available today at excellent prices – close to transport, malls, and more.
This detached villa is nestled in Seydikemer area of Fethiye and is perfect for those who are seeking a countryside lifestyle in Turkey – just a short walk away from the nearest town centre full of restaurants and shops.
Completely furnished and ready to move in, this Kemer villa is within 30 minutes to the main town of Fethiye and is available today at a bargain price – situated within its own private garden with swimming pool to enjoy.
Custom your own luxury villa in Alanya with this superb home boasting a spectacular design that will not be out of place in some of the most luxurious locations around the world. The only difference? This one would be a snip of the price you could pay elsewhere. A modern villa.
Forming part of an elite estate are these investment apartments for sale today and opening prices set for huge increases before completion. Purchasing a home here is a savvy investment for those looking for high capital gains and excellent rental potential in a sought after area of the city.
This pretty house is found in the picturesque settings of Alacati in Cesme and is a prime example of the stone houses that you will find for sale in this region of Turkey. A great price and well located close to the centre with three spacious bedrooms and a lovely garden.
Rising in Atakent with 70% of space dedicated as gardens and green areas, these brand new apartments are suitable for family living in Turkey and are just minutes away from the nearest Metro for daily commuting.
With a long history of attracting healthy rental income, this designer property is located in Dalyan and is situated within a vast plot assuring total privacy for those seeking an exclusive lifestyle tucked away in the countryside.