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 in an area currently undergoing a wealth of urban regeneration and development are these properties in Kagithane for sale – available for buyers to choose in multiple types and sizes.
Istanbul
Uninterrupted sea views are offered with this supreme three bedroom penthouse found in Alanya listed for sale at a very competitive price ensuring a quick sale. Look out over the bay and castle almost as if they were placed just under your feet. A premium setting indeed.
Alanya
Located within 60 metres to the sea are these fabulous Club Patara Kalkan properties for sale. Offering 2 large bedrooms, truly spectacular sea views, and all for sale as fully furnished. This is a perfect resort that you could make your annual holiday home for some relaxing Turkish sun.
Kalkan
Fantastic sea view duplex apartment for sale in the centre of Kas region in Turkey, just a few minutes walking distance away from everything needed on a daily basis – this listing has the option of being purchase as completely furnished.
Kas
Fully furnished and ready to move in, this spacious penthouse apartment is located in Mahmutlar in Alanya and is just a short walk away from the beach and centre where you will find a plethora of shops and facilities.
Alanya
Duplex apartment on the outskirts of Fethiye Town centre, looking out across the green nature and surroundings with fantastic views to be seen – this is a must see for those who are relocating to Turkey with children.
Fethiye
Ideal investment or family residence in the Lara district of Antalya less than 1km away from sandy beaches and with access to a communal swimming pool and ample gardens for relaxing in the 300 days of sunshine you will find here.
Antalya
Fully furnished apartment with a stunning panoramic view of the ocean in Alanya, perfect for living in a residential and safe neighbourhood with children for those looking to make the move to Turkey a permanent one.
Alanya
These bargain priced properties are your ideal escape to your own piece of heaven in quiet settings in peaceful Dalaman in Turkey. Grab one of these units today and enjoy the large swimming pool and ample garden space for you and your children to indulge in daily.
Dalaman
This is a unique opportunity to invest in a quality shop in Gungoren area of Istanbul, these commercial properties have a rental guarantee in place for three years and are recommended for viewing as soon as possible.
Istanbul
Suitable for year round living in a residential area of Istanbul, these Beylikduzu properties are available in sizes ranging up to five bedrooms for buyers to choose from and form part of an excellent complex equipped with facilities.
Istanbul
Priced to sell quickly, these affordable and completed apartments are located within a central area of Izmir in the sought after Karsiyaka neighbourhood and are available to purchase in various different types and sizes.
Izmir
Ready to move in immediately, this ground floor apartment forms part of a quality complex in Calis with access to a swimming pool and gardens – ideal for those looking to live in Turkey on a permanent basis.
Fethiye
Five minutes away from the nearest Metro station for commuting and moving around Istanbul, these new apartments are found in Yakacik area of Kartal and are suitable for those who are relocating to Turkey with family.
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
Choose from apartments and lofts when you purchase one of these top quality homes within a lovely complex in the Nilufer region of Bursa – nestled just a few minutes walking distance away from a branded shopping mall.
Bursa
Selling out quickly, these apartments are nestled within a residential area of Nilufer and form part of a top quality complex with social facilities available – choose from properties in various types and interior sizes.
Bursa
For sale at an excellent price is this bargain semi-detached villa tucked away in a natural area of Kemer in Turkey, close to amenities and just a short driving distance away from the beach for spending days out with loved ones.
Kemer
Off plan minimalist designed Sorgun Forest homes found in Side in Antalya. Pushing the boundaries of modern build and contemporary design ideas and ideologies - this is the standard of real estate now accustomed to Turkey, superb look, luxury facilities, and stunning views all an absolute must.
Side
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