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.
Suitable for year round living or investing for rental income, this duplex apartment is found within the town centre of Fethiye and is close to everything needed. Call or contact us today to arrange your visit.
Fethiye
Luxury designer homes are the perfect investment in Bahcesehir and are found in a desired spot for residential living and central city commuting. The project is listed at first call prices and has a shopping street within for all daily needs.
Istanbul
Large detached five bedroom family house for sale in a residential setting in Ovacik, offered today as fully furnished and ready to move in immediately – this is a must see listing for someone moving to Turkey on a permanent basis.
Fethiye
Close to the beach and listed for sale today at a bargain price, this three bedroom residence is completely furnished and decorated from top to bottom, ready for new owners to move in and enjoy long summer vacations in Side, Antalya.
Side
For sale at excellent pries not to miss, these modern apartments are found in Sefakoy area of Kucukcekmece and are within close proximity to shopping malls, international schools, and everything else needed.
Istanbul
Available for purchasing up to three bedrooms in size, this panoramic project is found in a peaceful and highly residential area of Izmir in Turkey and has been equipped with a full range of social facilities within.
Izmir
Prime located in the heart of Kemer, this magnificent home is just 400 metres away from the seaside and beach for relaxing with your family every day – suitable for those who want to make their move to Turkey a permanent one.
Kemer
Fully completed and ready for owners to move in, this complex offers family apartments for sale in the Kargicak area of Alanya and is just a few short metres away from the nearest sandy beach and seaside for relaxing.
Alanya
Completed and ready for residents to move in, this quality complex offers a full range of social and communal facilities to use in Alanya and properties for sale at great prices – with views heading out towards the sea and mountains.
Alanya
This large spacious 3 bedroom resale villa epitomises the best of real estate in Side on offer at the moment. Found close to the beach in a family friendly complex, this would be an ideal spot for a family to move to Turkey and begin their new life of luxury abroad in the sun.
Side
Fantastic opportunity to invest in the capital city of Turkey when you purchase one of these designer apartments for sale in Ankara featuring a private beach, shopping street, and so much more facilities for 5-star living.
Ankara
Contemporary in design for a modern lifestyle in the most beautiful of settings in Antalya with excellent facilities for residents to indulge in a first class life in Turkey. An ideal investment for those seeking buy to let options with a wealth of opportunity awaiting.
Antalya
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
Designed to perfection and built by one of the top reputable developers in Bursa, these homes are available in sizes ranging from two – six bedrooms and represent one of the best lifestyle and investment opportunities in the city.
Bursa
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
Within a walking distance to both the town centre and the nearest beach, this bargain priced villa is the ideal solution for those who are seeking a high quality home within a sought after complex of other expat families and friendly neighbours.
Gocek
Priced to sell quickly, this charming house is nestled in a residential area of Koca Calis and is within a short 250 metre walking distance to the beach and local amenities including markets, restaurants, and public transportation.
Fethiye
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
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