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.
These low-rise apartments are suitable for raising a family in Turkey and are nestled just a few minutes away from the seaside in Buyukcekmece – Title Deeds are ready, making these suitable for Citizenship by Investment.
Istanbul
Do not miss out on this opportunity to purchase a national supermarket in a popular area of Beylikduzu in residential Istanbul – shops like this are rare to market, making this a must see for investors.
Istanbul
Golden opportunity to own and operate your own boutique hotel in Kas – this hotel has sweeping sea views and a long history of attracting repeat customers all through the summer season in Turkey. You will not find a better investment.
Kas
In a prime area of Konyaalti, this resale apartment has been kept in superb condition and is ready for a new family to move in immediately after purchase – just a few minutes away from the beach and local amenities.
Antalya
With three bedrooms inside, this spacious villa is suitable for families looking to live in Calis on a year round basis with the beach just five minutes away – for more information, please enquire today to speak with our team.
Fethiye
Tenanted shop situated within a high street area of Istanbul, for sale today at a great price with a long term tenant and contract in place – for more details, please call or contact us to speak with the experts.
Istanbul
This boutique hotel is located in the Old City of Antalya and has 15 rooms inside – on the market today as completely furnished and ready for new owners, the listing is just moments away from restaurants and shops.
Antalya
With four bedrooms inside, this tremendous property is perfect for year round living in Fethiye within the sought after area of Hisaronu and is on the market as completely furnished and decorated from top to bottom.
Fethiye
Family house tucked away amidst a pine forest in Ovacik, found close to local amenities and set within a large garden with private swimming pool. The property offers four bedrooms, all en-suite and all with balconies attached.
Fethiye
Completed properties for sale in Media Highway Basin Ekspres just a short distance away from the nearest Metro Underground station for commuting towards the city centre within 40 minutes or less – a must see opportunity.
Istanbul
Built to modern standards by a top developer, these villas in Ankara are nestled within a peaceful and residential area of Turkey’s capital city and are suitable for buyers that are looking to live with their families.
Ankara
Ready to move in today, these spacious apartments are located in Media Highway Basin Ekspres in sizes one – three bedrooms, perfect for both investors as well as lifestyle buyers looking to purchase in the newest business district in Istanbul.
Istanbul
One of our top picks for those looking to buy commercial properties in Istanbul, this Sariyer unit has a long term tenant in place and contract guaranteeing rental income for many years still to come.
Istanbul
Completely furnished and ready to move in, this tremendous stone built mansion is for sale in a residential area of Dalyan and is a must see property – you will not find many homes better in the Dalyan region than this one.
Dalyan
Designed and built to luxury standards from top to bottom, this contemporary detached villa is found in the heart of Hisaronu village centre just minutes away from everything needed and has its own private pool and landscaped garden.
Fethiye
Furnished and ready immediately, this stone built villa in Kas enjoys sweeping views heading out towards the Greek Island of Meis and surroundings – this is one of our top picks for families who want to relocate to Turkey permanently.
Kas
Minutes from the nearest Metro and daily amenities, these contemporary apartments are for sale in Kadikoy on the Anatolian side of Istanbul and have access to a vast range of social facilities and shared spaces within.
Istanbul
This original Greek stone house is located within a peaceful area of Kayakoy in Fethiye and is surrounded by pine forests and green nature – perfect for those who are looking to escape from busy town centres in Turkey.
Fethiye
Four bedroom detached house for sale in Turkey, located in a peaceful area within walking distance to the centre of Hisaronu where you will find an abundance of local cafes, shops, international restaurants, and daily necessities.
Fethiye
Built to superb standards by a sought after developer, these residential homes are for sale in sizes ranging up to six bedrooms in Oba area of Alanya and have access to social facilities and local amenities within minutes.
Alanya
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