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.
Rising in Bahcelievler with unique panoramic views across the city, these apartments are just a few moments away from the Basin Ekspres road in Istanbul and are suitable for those who want to apply for Turkish Citizenship.
Istanbul
Just 150 metres away from this project entrance is a new Metro Underground line set to be opened in 2018, resulting in property prices increasing sharply. This is an excellent opportunity to purchase a home in Istanbul.
Istanbul
These apartments are located in Tuzla in Istanbul and enjoy magnificent views heading out towards the sea and Princess Islands in the background – this is an excellent opportunity to invest in a growing part of the city.
Istanbul
Built to blend in with the surrounding nature and environment, this fantastic project offers luxury apartments and villas for sale in Adabuku area of Bodrum and is just minutes away from the beach and amenities.
Bodrum
Priced to sell quickly, these bargain apartments are located in central Istanbul in the sought after area of Kagithane and are available up to three bedrooms in size for buyers to choose from – this is a must see development.
Istanbul
Choose from one – two bedroom apartments for sale when you purchase one of these quality flats in the urban regeneration district of Kagithane, right in the city centre of Istanbul within close proximity to everything needed.
Istanbul
Belview Istanbul available at bargain prices not to miss out on, these designer apartments can be purchased in sizes ranging from one – three bedrooms with duplexes and normal floor residences to choose from on the Anatolian side in Dragos.
Istanbul
Family friendly project for lifestyle buyers interested in creating a peaceful environment for their children and loved ones to enjoy the very best of Istanbul. Purchase spacious homes ranging from one – four bedrooms in size.
Istanbul
With excellent mountain and sea views, this spacious duplex penthouse is the ideal purchase for someone who is looking to move to Alanya and enjoy a fine life abroad. This modern apartment is listed for sale completely furnished and ready to move in tomorrow.
Alanya
Located in the historical setting of Beyoglu within walking distance to Taksim Square and local facilities, these are outstanding apartments for sale at great prices for those looking to live in the central heart of Istanbul close to everything.
Istanbul
Looking out towards the Bosphorus Sea from a unique location, these apartments are for sale in the historical centre in beautiful Cihangir and are highly recommended for viewing – at these prices, they will sell quick.
Istanbul
High quality apartments for sale in the city centre of Istanbul, just ten minutes away from Besiktas, Nisantasi, and Taksim Square in the highly sought after area of Sisli – these residences are a top pick in a central location.
Istanbul
This delightful apartment is located in a central setting of Marmaris and is just a short walk away from the beach, sitting in a top complex with shared swimming pool and landscaped green gardens suitable for relaxing outside.
Marmaris
Located in the historical setting of Cihangir just minutes away from Taksim and Istiklal Avenue, these luxury apartments have fantastic sea views and are ideal for both investors and lifestyle buyers looking in the central heart of the city.
Istanbul
Furnished family apartment just minutes from the beach and promenade in Calis, featuring incredible full open panoramic views across the sea and beyond. This residence is completely furnished and highly recommended for viewing.
Fethiye
In the rural countryside area of Ortakoy, this charming bungalow-style cottage is on the market today as completely furnished and decorated – nestled just a short distance from the local village and daily amenities.
Fethiye
Overlooking the sea with gorgeous views, this duplex apartment is located in an exclusive area of Kas and is close to daily amenities needed for year round living or spending long summer vacations in Turkey with loved ones.
Kas
Very well priced is this expansive villa complete with access to a swimming pool and lovely sea view in picturesque settings in Alanya ideal for life in the region. Offering a spacious and family friendly living environment, pick up this villa today.
Alanya
A perfect home for the whole family to habitat is this amazing Side villa found within walking distance to the sandy beaches and offering 4 large bedrooms all for a bargain price under 200,000 Euros. This is a great deal and should not be missed. Call today for information.
Side
Forming part of a high quality complex, this brand new apartment is found in a residential area of Konyaalti in Antalya and is just 2km away from the famous beach for day trips with loved ones, even closer to local amenities.
Antalya
Just 300 metres walking distance away from the seaside in Avcilar are these completed apartments for sale with different floor plans to choose from – these residences have been approved for Turkish Citizenship by investment.
Istanbul
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