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.
At an affordable price, this is an excellent opportunity to purchase a high quality home in a desired area of Ovacik in the region of Fethiye, looking out towards the mountains and distant sea with a tremendous view.
Fethiye
With 5-star views out towards the sea, this desirable project is located just above West Marina in Istanbul and is one of our top tips for investors and those looking to embark on a new life in the city with their family and loved ones.
Istanbul
Completely furnished as seen and ready to move in immediately, this designer property is located in the Ortaalan area of Kalkan and is just a short walk away from the town centre full of life and things to do daily.
Kalkan
Forming part of a luxury-designed project with shared swimming pool and lounge to enjoy, these apartments are for sale in central Besiktas in Istanbul and have views heading out towards the sea and city landscape.
Istanbul
This is an absolute must see in Buyukcekmece, one of the top projects in the entire area and one that is located on the coastline with lots of family orientated facilities including a Marina Bazaar and Performance Square – do not miss this opportunity.
Istanbul
This luxury-designed villa is a must see for someone looking to buy the very best real estate available in Ovacik area of Fethiye – this home is on the market as completely furnished and is ready to move in immediately.
Fethiye
With access to a private yacht marina, these luxury properties are located right at the seafront in Buyukcekmece with outstanding open sea views and access to hotel services. Listed for sale at first call prices for investors.
Istanbul
Elevated apartments for sale in Camlica area of Uskudar with views heading out towards the Bosphorus Sea and surrounding natural environment – suitable for those wanting to live in Turkey with options available up to six bedrooms.
Istanbul
Incredible investment opportunity in the heart of Beyoglu, listed today for sale at 30% below market value for a smart investor to get in today and enjoy high capital appreciation over the next 2-3 years – you cannot miss this one.
Istanbul
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.
Istanbul
Boasting the wow factor, this special apartment is located in one of the most desired and elite neighbourhoods of Antalya, and is just metres away from a green park and wonderful beach area. There is also a full range of hotel facilities within the project.
Antalya
Close to West Marina with striking nature views, this brand new villa forms part of a private estate in the Beylikduzu area of Istanbul and is ideal for those seeking a life of luxury within easy commuting distances to the centre.
Istanbul
Designed and built to immaculate standards, this detached villa for sale is just a short walking distance away from the centre of Hisaronu full of popular bars, high quality restaurants, and nightlife to enjoy all year round.
Fethiye
Huge sized shop for sale in the residential area of Kucukcekmece in Istanbul, located just moments from large family complexes and houses – this supermarket is currently tenanted by a national brand on a long term contract.
Istanbul
Living in Kalkan hardly gets better than this amazing property stone's throw from Kisla seafront. Located almost frontline to sea this luxury modern villa offers 4 double bedrooms arranged to soak in best of sea views in Kalkan
Kalkan
Designed to luxury standards from top to bottom, this state-of-the-art villa enjoys a sweeping view across the sea and town centre of Kalkan and is situated just a short ten minutes walking distance away from all local amenities and facilities.
Kalkan
Panoramic sea view duplex apartment for sale within the beautiful area of Moda on the Anatolian side of Istanbul – this is a must see listing for those looking to obtain a luxury lifestyle minutes away from everything.
Istanbul
These modern apartments are ideal for those looking to enjoy an urban lifestyle within the heart of Istanbul and are for sale in Dikilitas area of Besiktas – available in various types ranging up to four bedrooms.
Istanbul
Looking out across the Marmara Sea with panoramic views from attached balconies and wide terraces, these completed apartments are in Kartal on the Anatolian side of Istanbul and have access to a range of facilities.
Istanbul
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