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.
With five bedrooms inside, this stunning penthouse apartment has room for the largest of families to live together in a prime area of Antalya – this Konyaalti residence is just a few minutes away from the nearest beach.
Antalya
Right in the heart of Istanbul, these prestigious apartments are for sale in Nisantasi and are just a short walk away from City’s Nisantasi shopping mall – suitable for those who want to invest or those who want to live in the centre.
Istanbul
Superb two bedroom apartment ideal for use as a holiday home with rental potential or lovely residence for permanent living in the popular Gulpinar area of Dalyan close to lifestyle amenities and everyday necessities.
Dalyan
This new complex offers apartments for sale in sizes ranging up to three bedrooms and is found in a peaceful and highly residential area of Konyaalti in Antalya – offering residents access to communal facilities including a pool and gardens.
Antalya
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
Located in the countryside of Turkey, this peaceful Seydikemer bungalow-style home is suitable for those who want to escape from busy centres and is nestled within its own private garden with several fruit trees.
Fethiye
Immaculate internally and externally, this Kargicak villa is furnished and enjoys beautiful views from an elevated position in Alanya. The property is found in a stunning residential complex with a wide range of facilities.
Alanya
Overlooking the sea and surrounding nature with a striking view that stretches endlessly, this mansion guarantees a private lifestyle in Yalikavak and is full of luxury features and facilities that make it an absolute must see in Bodrum.
Bodrum
Excellent investment commercial shop for sale in the residential area of Basaksehir in Istanbul, home to young families and those living in Turkey commuting towards the city centre for work purposes on a daily basis.
Istanbul
In a residential area of Konyaalti, these apartments are fully completed, and buyers can now move in – making this a golden opportunity at affordable prices not to miss out on. Enquire today before all units within this excellent project are sold.
Antalya
Nestled within a large plot of land for a private lifestyle guaranteed, this outstanding villa is for sale in the sought after area of Gocek in Turkey and is on the market today as completely furnished and decorated throughout.
Gocek
Looking out across the sea and beach with panoramic views, these designer villas are a must see for those seeking a 5-star lifestyle in Turkey and are nestled in the peaceful area of Gundogan within the Bodrum peninsula.
Bodrum
In the residential Oba area of Alanya, this brand new development offers apartments for sale ranging from one – three bedrooms in multiple types for families looking to relocate to the city within close proximity to everything needed.
Alanya
Just a short walking distance away from the nearest beach and local amenities, this brand new development offers apartments in Alanya at great prices for those looking to relocate with family members to Turkey.
Alanya
Fantastic property for sale in the sought after area of Zekeriyakoy in Istanbul, tucked away in a natural setting surrounded by green views and scenery – this villa has eight bedrooms and could sleep the largest of families.
Istanbul
In the Paspatur area of Fethiye Centre, this is a unique opportunity to purchase an entire building with three separate apartments inside – suitable for those wanting to invest and maximise their potential rental income.
Fethiye
This is a special property – this penthouse apartment rises in Umraniye on the Anatolian side of Istanbul and has supreme views over the city and sea. Luxury features include a home gym, cinema room, and winter garden.
Istanbul
Rising in the residential area of Nilufer within Bursa, these properties are available today at bargain prices not to miss out on – choose from different apartments just minutes away from local shops and necessities.
Bursa
Bargain priced residences for sale in the Kargicak area of Alanya, just a short walking distance from the nearest beach and public transportation for moving around the region to touristic areas and popular spots.
Alanya
With Title Deeds ready, these lake and sea view homes are found in the lovely residential area of Buyukcekmece in Istanbul and are a must see for those wanting to relocate to the city with their families and loved ones.
Istanbul
Live in a peaceful area of Bursa when you purchase one of these lovely apartments for sale at bargain prices in the growing district of Nilufer – just a few minutes away from necessities such as schools and shopping malls.
Bursa
In the historical heart of Istanbul, these brand new apartments are located in Taksim just minutes walking distance to Istiklal Caddesi lined with hundreds of boutique stores and everyday amenities for a luxury lifestyle.
Istanbul
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
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