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.
Complete with luxury on-site social and communal facilities including access to a science museum, aquarium, and indoor outdoor swimming pools, this is one of the top developments that you will find in Izmir today, a must see.
Izmir
Within walking distance to the sea, these contemporary homes have access to a beautiful rooftop terrace with swimming pool and sunbathing deck, built to meet all the needs of modern life in Turkey and available on payment plans.
Izmir
Built using innovative technology throughout, this incredible project enjoys panoramic views out towards the sea and is found in a central area of Izmir – the site even boasts a man-made beach area for sunbathing at the seaside.
Izmir
Rare bungalow style property in a peaceful area of Uzumlu in Fethiye, located within easy walking distance to the town centre and amenities – this house has its own private garden and large swimming pool to enjoy.
Fethiye
Located close to the Bosphorus Sea and the world famous Istinye Park shopping mall, these excellent apartments in Emirgan for sale are some of the best that you will find in Istanbul today and come highly recommended.
Istanbul
In the centre of Bodrum, this hotel for sale is just a short walking distance away from the famous marina yacht club and all daily amenities making this an exceptional investment opportunity for those looking to buy a business.
Bodrum
Charm Blue - 5-star properties located in the elite area of Zeytinburnu in Istanbul, situated just a few metres away from the sea with outstanding views stretching endlessly. This is one of the most equipped complexes that you will find in the entire city.
Istanbul
Located at the seafront in Istanbul, these Zeytinburnu villas form part of an Ottoman Palace with access to a full range of social facilities and on-site areas including a stone square with restaurants and daily shops to enjoy.
Istanbul
Centred on a 700m2 inner courtyard, these contemporary apartments are found in a peaceful area of Gokturk in Istanbul for sale – ideal for families looking to live in a peaceful area just 25 minutes from the centre.
Istanbul
Located directly on the seafront, this remarkable project in Buyukcekmece offers homes for sale ranging from two – five bedrooms and is an investors’ dream with prices set to rise by a minimum of 35% before the stated completion date.
Istanbul
Masgard Istanbul offers prime location lifestyle in Central Istanbul Maslak Homes opposite Istanbul's finest shopping mall Vadi Istanbul 5 minutes Levent and with views of the Belgrade Forest, a must see for investment buyers.
Istanbul
This award winning mansion is located in the neighbourhood widely accepted as the elite in Bodrum - Turkbuku. An idyllic, green, and extremely picturesque villa just less than 20 minutes away from Paradise Bay and Yalikavak marina by boat. Amazing house.
Bodrum
In the very heart of Istanbul, these apartments are perfect for lifestyle and investment buyers and are found in an area of Bomonti currently undergoing lots of urban regeneration – this is an opportunity that you do not want to miss out on.
Istanbul
Built to restore an area of historical significance in central Istanbul, these Taksim properties are just moments from Istiklal Avenue and are the result of a public-private partnership to preserve historical values in the area.
Istanbul
Located in the historic peninsula, these luxury sea view homes are some of the most highly anticipated properties to come out of Fatih in recent years and are available in sizes ranging from one – six bedrooms for all types of buyer.
Istanbul
Featuring an abundance of luxury details including a home gym and sauna, this spacious villa is found on the outskirts of Ciftlik in Fethiye area of Turkey and is just a few minutes away from daily amenities including transport.
Fethiye
This spacious villa has room for up to eight people to live comfortably in Calis and is located in a residential and peaceful area of Ciftlik, just minutes away from public transport and daily local amenities including restaurants and shops.
Fethiye
Our very own designed villa Sandyma in Bodrum Yalikavak is a hugely contemporary and modern one of a kind amazing property perched above the state of the art Palmarina Bodrum in an idyllic location offering a plethora of luxury features and some of the best views in the entire region - this one is an absolute must see, simply breathtaking.
Bodrum
This expansive project is branded as a new centre of life and offers absolutely everything you could possibly think of – this is as luxurious as you will find in Istanbul and enjoys a prestigious location in Maslak just 10 minutes away from central areas.
Istanbul
5-star luxury family villa for sale in a peaceful residential area of Buyukcekmece overlooking a lake with a daily golden sunset to enjoy – this is an incredible opportunity for someone looking to relocate to Istanbul to private settings.
Istanbul
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