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.
Completely furnished and ready for owners to move, this semi-detached villa is located in the desirable area of Koycegiz and is just minutes away from the lake for daily walks – found within a mature garden for a quiet life.
Everything inside this house is customisable by the buyer – number of bedrooms, bathrooms, living rooms – create the home of your dreams in the highly sought after Buyukcekmece area of Istanbul with a gorgeous sea view.
Surrounded by some of the best restaurants, cafes, art galleries, and culture, these Istanbul properties are found right in the central heart of the city in the sought after area of Bomonti, within walking distance to Nisantasi.
Offering an extensive range of on-site social and communal facilities, this outstanding project offers apartments for sale from one – four bedrooms in a residential area of Beylikduzu and is perfect for lifestyle buyers as well as investors.
Elite apartments for sale in the sought after residential area of Bahcesehir in Istanbul, suitable for investment with a strong exit strategy for those seeking rental income – please contact us today for figures and details about these homes.
Directly at the seafront with access to the water, this stunning property is found in a private area of Kas and is fully furnished for sale – ready for buyers to move in and enjoy some of the best daily sunsets from a large terrace.
Panoramic sea view apartments for sale in Cesme just metres away from a private beach with long pier for relaxing on a daily basis – this is a high-tech development full of 5-star facilities reminiscent of a grand hotel.
Located in a central area of Izmir, these spacious apartments are for sale at bargain prices and can be purchased up to three bedrooms for those with families looking to live in one of Turkey’s thriving and upcoming cities.
Built to resemble life within a 5-star hotel, these residences form part of one of the most hotly anticipated complexes in Kargicak area of Alanya and offer access to numerous swimming pools and vast outdoor green spaces.
This is an incredible opportunity to purchase a beachfront apartment for sale in Alanya, overlooking the sea with striking vistas and just metres away from the water for spending endless summery days sunbathing and relaxing.
Designed and built with luxury living in mind, this superb complex offers beautiful flats for sale in the Kestel area of Alanya with tremendous views heading out towards the sea and nature surroundings stretching far.
Perched on a private hillside in Bodrum, this estate offers a range of luxury villas for sale within walking distance to both the central area as well as the marina. These properties feature a striking interior layout and are well worth the tag of luxury homes.
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.
Located directly at the seafront with some of the most impressive views imaginable, this designer project is found in Kargicak area of Alanya and residences are available today with excellent payment terms to choose from.
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.
Directly at the seafront, these designer properties have some of the best views imaginable and are located in the Kestel area of Alanya, suitable for families living in the city with access to a full range of social communal facilities.
Overlooking the sea with gorgeous views, this duplex apartment is located in an exclusive area of Kas and is close to daily amenities needed for year round living or spending long summer vacations in Turkey with loved ones.
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.
This 5-star panoramic sea and Castle view villa forms part of one of the most sought after exclusive estates in the heart of Bodrum Centre and is for sale today as completely furnished and ready to move in immediately.