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.
Located right beside the sea and promenade with uninterrupted views, this fantastic duplex apartment is for sale in the heart of Fethiye Town and has access to shared landscaped gardens and a lovely swimming pool.
Taksim apartments right in the heart of Istanbul, situated within 300 metres to Taksim Square and suitable for Turkish Citizenship by Investment applications – this is a landmark project that is highly recommended for viewing.
One of the standout developments in Maslak area of Istanbul, this iconic project offers luxury-designed apartments for sale in various sizes and has access to an on-site shopping mall and plethora of social facilities within.
This Kizilkaya villa has been designed and built to luxury standards throughout and is nestled within a rare area of Faralya – you do not want to miss out on this exceptional opportunity to live close to the Lycian Way.
Available in multiple types and sizes, this comprehensive project offers luxury-designed homes for sale in the desired Maslak area of Istanbul and is just minutes away from the nearest Metro Underground for commuting.
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
Elite properties for sale in Nisantasi area of Istanbul, forming part of a 5-star development equipped with an on-site shopping mall and direct access to a Metro Underground for those commuting around the city.
These beautiful properties are available for purchase as either apartments or villas and are nestled between Gumusluk and Turgutreis – complete with access to a private sandy beach guaranteeing your spot at the seaside.
Built to elite standards by a top developer in Turkey, these incredible properties are situated in Bodrum between Gumusluk and Turgutreis with buyers able to choose between villas and apartments in several different types.
Available for buyers as villas or apartments, these spectacular properties are for sale in Bodrum and have access to a private sandy beach within easy walking distance – for more information, please contact us today.
Built to luxury standards from top to bottom, these beautiful apartments are for sale in Kadikoy on the Anatolian side of Istanbul in Turkey and are just a few minutes away from Bagdat Caddesi full of things to do and see.
Live in the city centre of Istanbul when you buy one of these luxury apartments located within the growing district of Kagithane, just moments away from daily amenities including supermarkets and public transport for commuting.
Built to exceptional standards throughout, this magnificent villa is found in Lara area of Antalya and has its own private garden and swimming pool – suitable for buyers that are looking to raise their family in Turkey.
City centre living with views heading out towards Belgrad Forest – these beautiful apartments are found in the sought after area of Kagithane and are just a short walking distance away from a Metro for commuting.
Looking out towards the sea with a full view, these magnificent villas are located in the sought after area of Buyukcekmece in Istanbul and have their own private landscaped gardens and spacious swimming pools outside.
Priced to sell quickly, these affordable and completed apartments are located within a central area of Izmir in the sought after Karsiyaka neighbourhood and are available to purchase in various different types and sizes.
Just minutes away from public transportation and daily amenities, these bargain priced flats are fully completed and can be moved in as soon as the purchase process has been finalised – enquire today to reserve yours.
Choose from properties in various types and sizes when you purchase one of these modern apartments for sale in the Nilufer region of Bursa – suitable for families that are looking to live in Turkey on a permanent basis.
Constructed to 5-star standards and designed with family living in mind, these mesmerising properties are found in Kucukbuk area of Gundogan and are just a few moments away from the seaside and daily amenities.
With Title Deeds in place, these excellent apartments are for sale in Kadikoy on the Anatolian side of Istanbul and are ideal for Citizenship applications – available today in various different types and sizes to choose from.
Minutes from the nearest Metro and daily amenities, these contemporary apartments are for sale in Kadikoy on the Anatolian side of Istanbul and have access to a vast range of social facilities and shared spaces within.