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.
Minutes away from amenities and facilities, these fully completed apartments are for sale within the fast-developing and growing area of Kepez in Antalya – forming part of a top quality complex with a pool and gardens.
Antalya
Close to a top university and daily amenities, this is an excellent investment opportunity within the Gorukle area of Nilufer in the city of Bursa – suitable for those seeking high rental income on a year round basis.
Bursa
In a residential area of Ovacik, this charming two bedroom duplex apartment forms part of a popular complex and has access to a swimming pool, landscaped gardens, and magnificent views out across surrounding mountains and forests.
Fethiye
With high rental prospects, a part furnished interior, and high quality complex close to the beach and shops – this is an excellent property in Alanya and one that comes highly recommended for viewing; this won’t be on the market for long.
Alanya
Minutes from the nearest beach, these 5-star apartments are found within an outstanding complex in the Side area of Turkey and have been designed and built to luxury standards. Fully completed and ready to move in.
Side
These resort-style apartments are located within a 5-star complex with access to a plethora of social facilities and necessities for residents to enjoy – all just moments away from amenities and public transportation.
Alanya
700 metres away from a sandy beach and closer to local shops and restaurants, this new project offers apartments for sale in Mahmutlar district of Alanya and is a must see for those wanting to invest in a fast-growing area.
Alanya
Suitable for year round living in Turkey, these exceptional apartments rise in the residential neighbourhood of Konyaalti in the city of Antalya and have access to social facilities such as landscaped gardens and a pool.
Antalya
Close to the nearest golf course and public beach, these completed apartments are found in a residential area near the city centre of Belek in Turkey and are ready for buyers to move in as soon as the purchase is finalised.
Belek
With a rental management company in place, this project is ideal for those who are looking to invest in Yalova area of Turkey and offers affordable properties just a few minutes away from the nearest thermal area.
Yalova
Within close proximity to daily amenities and just a few minutes driving distance away from the town centre of Fethiye are these quality apartments for sale at affordable prices – choose from units up to three bedrooms.
Fethiye
With Title Deeds in place, these contemporary apartments are a must see in the residential and fast-growing area of Nilufer within the city of Bursa – forming part of a peaceful project with gardens and swimming pool.
Bursa
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
Complete with a vast selection of social facilities is this brand new complex offering one-bedroom apartments at an exceptionally affordable price, located just a 15 minute walk from the local beach, relaxing days are guaranteed.
Alanya
Boasting a huge shared swimming pool and other on-site social facilities for residents to use, this complex is located in the residential area of Avsallar in Alanya and offers contemporary apartments at bargain prices today.
Alanya
Take in a beautiful sea view when you invest in one of these modern apartments for sale in Antalya within easy travelling distances from both the sandy beaches and the lively city centre area – making these properties ideal for both lifestyle and investment purposes. A great project indeed.
Antalya
Designed to top quality standards are these 5-star properties for sale in the Kargicak area of Alanya just 1.3km away from a sandy beach and ticking all the boxes for use as either a holiday home abroad or permanent residence.
Alanya
In a residential area of Fethiye, this duplex apartment is a bargain for someone looking to raise a family in a friendly area of Turkey just five minutes away from the town centre and within 15 minutes to the famous Calis Beach.
Fethiye
Perfect for living in the city on a permanent basis with family members, these high quality apartments have been designed to be as spacious as possible, providing you with excellent value for money close to the centre of Izmir.
Izmir
La Mer Dragos project has views heading out towards the sea from higher floor units and rises within a residential area of Dragos in Maltepe area of Istanbul – suitable for those who are wishing to obtain a Turkish Passport.
Istanbul
Directly above a Ring Road for moving and commuting, these apartments are located in a residential area of Izmir and are for sale at bargain prices not to miss – found within a top complex with a range of facilities.
Izmir
Continue with Google
.jpg)
