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.
One of the most impressive properties that you will find in Kas today – this stunning stone built traditional house is fully furnished and enjoys uninterrupted sea views and daily sunsets from all rooms and terraces inside.
Kas
This is an incredible opportunity to own a piece of history in Istanbul when you invest in one of these designer apartments overlooking the sea in Fatih, just moments away from some of the most important landmarks and tourist spots in the city.
Istanbul
An iconic and simply beautiful building in Istanbul that is set to be the largest constructed in the city once completed in 2016. A remarkable project and opportunity to place yourself high in the sky looking out over the stunning settings in the centre close to Maslak.
Istanbul
Located in a sought after area of Tarabya, this immaculate property is ready for a new family to move in immediately and is a must see for those wanting to live within easy driving distance to all amenities and the city centre.
Istanbul
Luxury living apartments located just minutes away from Kagithane and Maslak, at the meeting point between the two centres of life in Istanbul – choose from homes ranging from studios up to large four bedroom units for the largest of families.
Istanbul
Beautiful family home for sale in a residential area of Dalaman, situated in a huge plot assuring complete privacy and an exclusive lifestyle guaranteed for those looking to escape to Turkey – one of the best in this part of the country.
Dalaman
Directly at the seafront with access to its own private beach, this designer villa is a must see in the Kas peninsula of Turkey and is found in the sought after area of Cukurbag with views out towards Meis Island and the sea.
Kas
In front of a large green park with a fantastic sea view, this spacious apartment is for sale in the Lara area of Antalya and is a must see for those relocating with their children to Turkey – this is a rare find on the market.
Antalya
One of our top investment picks in Istanbul, these exceptional Bomonti, Sisli, modern apartments are just eight minutes away from Taksim and offer buyers the ability to combine one bedroom units to create larger two and three bedroom flats.
Istanbul
Built in a contemporary manner, these new villas are for sale in the Belek region of Turkey and are suitable for family living with loved ones – situated within their own private gardens with large swimming pools.
Belek
Built using modern touches throughout, these quality properties are for sale in a peaceful area of Belek and have their own private swimming pools and green landscaped gardens for relaxing outside on a daily basis.
Belek
Not only is this huge property set within a large plot ensuring total privacy and an exclusive lifestyle, but you will also find a separate guest house on the grounds, giving you the perfect chance to invite friends and family over to visit, or perhaps even rent the unit out to tourists.
Fethiye
Ready to move in immediately, this fully furnished villa is nestled within the Camyuva area of Kemer and is 500 metres away from the nearest beach – perfect for families and those looking to move to Turkey permanently.
Kemer
Within only 100 metres to Antalya Lara beach area, these apartments are within a high luxury constructed building with a range of shops, restaurants, and shopping malls located within walking distance from your front door. Designed with a smart home system to make your life all the more easier.
Antalya
This is a historical home for sale in Kayakoy area of Fethiye, nestled in a peaceful area with a stunning view of the legendary Ghost Town and village – this property is a unique option for those who want to live in Turkey.
Fethiye
Pre-approved for Turkish Citizenship by Investment are these designer apartments for sale in the prestigious area of Mecidiyekoy in the very heart of Istanbul just moments away from landmark areas and tourist hotspots.
Istanbul
Invest in one of these fantastic properties in Moda area of Kadikoy, offering huge rental potential for those looking to invest in Istanbul and just a short walk away from amenities and public transportation options.
Istanbul
In Besiktas with a beautiful view of the sea is this duplex apartment for sale – suitable for someone looking to live in central Istanbul permanently with everything accessible within a matter of a few minutes.
Istanbul
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