Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
For sale at a promotional price for a limited period only, this outstanding sea view villa is found in the peaceful area of Gundogan in Bodrum and is situated within its own private green landscaped garden with swimming pool.
This outstanding development offers a full range of apartments for sale in sizes from one – four bedrooms in a residential setting of the city tucked away from the centre yet within easy driving distance for those commuting and working.
Basin Ekspres apartments suitable for those looking to invest in Istanbul within minutes to daily amenities and public transportation for city commuting – choose from units ranging in sizes up to four bedrooms for sale.
Located in Sultanahmet area of Istanbul, this boutique hotel has all the makings of a superb investment in Turkish real estate for someone looking to purchase a readymade business within walking distance to historical landmarks.
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.
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.
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.
Built to luxury standards throughout, this brand new apartment is located in Karsiyaka area of Izmir and enjoys a gorgeous view stretching for as far as the eye can see from a panoramic terrace attached to the living room.
Perfect for golf lovers is this brand new villa for sale in Belek region of Turkey, just moments away from golf courses and popular beaches for those with families and those looking to spend long summer vacations abroad.
Stone built villa with beautiful views heading out towards the sea in Cesme area of Turkey, forming part of a superb development with access to a private beach – this is one of the best homes that you will find and is a must see property for sale.
Located in a residential area of Izmir, these excellent properties are suitable for year round living in Turkey and come highly recommended for viewing at the earliest opportunity – situated just minutes away from all daily amenities and local shops.
Offered today at entry level prices, this is an outstanding investment opportunity in the central heart of Istanbul situated in Gaziosmanpasa within short commuting times to Taksim – this is an unmissable project with prices set to rise by 40% before completion.
Spacious apartments for sale in a quiet residential area of Kemer, located just 2km away from the nearest sandy beach for days out with loved ones – these high quality apartments can be purchased in sizes up to three bedrooms.
Just 15km away from the International Airport, these brand new apartments are for sale in a residential area of Kepez in Antalya, forming part of an excellent complex with on-site commercial areas and daily shops.
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.
This is a brand new luxury four bedroom house for sale in the residential area of Ciftlik in Fethiye, just minutes away from facilities and close to the local bus route providing direct access to the town centre and Calis Beach.
At the seafront with gorgeous views and access to a full range of social facilities and on-site areas is this brand new apartment in Konyaalti for sale – this flat would make for a stunning home for all the family to live.
This incredibly big property has enough space to house the largest of families and is nestled away in Ciftlik area of Calis in Fethiye for sale – all just a short five minutes driving distance away from the beach and promenade.
Built to 5-star standards by a top developer, this brand new development is located in a prime area of Konyaalti in Antalya and offers apartments for sale in sizes up to five bedrooms with normal floor and duplexes available.
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.
Suitable for year round luxury living, this designer villa is found in a quiet area of Ovacik in Fethiye and offers an abundance of privacy for those looking to escape to Turkey surrounded by nature and green views aplenty.
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.