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 the International Finance Center, these properties are perfect for those looking to invest in the Atasehir area of Istanbul on the Anatolian side and are available in various sizes and types to choose from.
Istanbul
Offering mixed-use apartments for sale at affordable prices, these top quality residences are found in Umraniye on the Anatolian side of Istanbul and are just a few minutes away from the new International Finance Centre.
Istanbul
Offering a completely private lifestyle in Turkey is this stunning detached villa for sale in the peaceful area of Inlice Village close to Gocek, just a short five minute driving distance away from the nearest beach and amenities.
Gocek
Available at affordable prices, these quality apartments are found in a residential area of Alanya in Turkey and are a must see for investors looking to obtain high rental income with their purchase of real estate.
Alanya
Perfect for lifestyle buyers and investors, this project rises in Atasehir on the Anatolian side of Istanbul and is moments from the International Finance Center – for more information, please call or contact us today.
Istanbul
The perfect investment within the city centre of Istanbul – these affordable apartments are found in Kagithane just minutes away from amenities and close to public transportation for commuting on a daily basis.
Istanbul
With commanding views out across the Bosphorus Sea from two huge terraces, this outstanding apartment is for sale in Uskudar area of Istanbul and is suitable for year round living in Turkey with a family.
Istanbul
Located in the Gemlik area of Bursa, this is a unique opportunity to invest in a huge plot of land for someone looking to operate their own business in Turkey – this agricultural plot is already harvesting 15 tonnes of trees.
Bursa
Built to luxury standards by a top developer in Alanya, these beautiful apartments and villas come highly recommended for viewing at the earliest and have lovely views heading out towards the sea and Taurus Mountains.
Alanya
Just minutes away from the nearest shopping mall, Metro station, and top rated schools, these brand new apartments are for sale in Izmir and are suited for those looking to live in the city on a long term basis – a must see development.
Izmir
Within 15 minutes driving distance to Dalaman International Airport, this peaceful property is on the market today at a bargain price not to miss and forms part of a sought after residential complex with private pool and garden.
Dalaman
Choose from apartments for sale in multiple types and sizes when you invest in this centrally located project in the Levent area of Kagithane, suitable for those commuting and working in the heart of Istanbul every day.
Istanbul
Suitable for year round living with a family, this beautiful villa is nestled on the outskirts of Calis within the Ciftlik region and is a must see for those seeking a luxury home – complete with a swimming pool inside and outside.
Fethiye
Overlooking the stunning Cekmekoy Forest with views that are out of this world, this project is an absolute must see on the Asian side of Istanbul and offers you the opportunity to raise your children surrounded by nature and clean air.
Istanbul
Suitable for family living in Turkey, these beautiful villas are for sale in the residential area of Nilufer within the lovely city of Bursa and have their own green landscaped gardens for relaxing and spending time outside.
Bursa
Within five minutes walking distance to the town centre and a range of things to do, this beautiful villa is for sale within Kalamar area of Kalkan and is situated on a hillside to enjoy panoramic sea views forever.
Kalkan
Perfect for lifestyle buyers looking to live in Istanbul, these Beylikduzu homes feature a unique open concept shopping mall with 113 daily stores to browse, along with swimming pools for men, women, and children, and so much more.
Istanbul
In a rapidly growing part of Mahmutlar in Alanya, these brand new apartments are available to buy in sizes ranging up to four bedrooms at favourable prices, and are just a short 250 metre walking distance from the sea.
Alanya
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