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.
Listed for sale at bargain prices today, these superb apartments are located in the fast developing area of Bahcekent in Istanbul and are available in sizes ranging from one – four bedrooms in multiple different types.
Offered at excellent prices and with payment plans available, these homes are ripe for both lifestyle and investment buyers in Bahcekent, an area undergoing lots of growth and are close to public transport for city commuting.
With 111 on-site stores and commercial units, coupled with an extensive range of social and communal facilities, these properties are a must see in Buyukcekmece and are situated just minutes away from the sea with endless panoramic views.
Invest today at pre-launch prices in this outstanding opportunity in Istanbul – one of our top five current investment opportunities available. This project is only 150 metres away from the nearest Metro Underground station and will rise fast.
Overlooking the stunning Cekmekoy Forest with views that are out of this world, this project is an absolute must see on the Asian side of Istanbul and offers you the opportunity to raise your children surrounded by nature and clean air.
Located within a stones throw of a local bus route that takes you into Dalyan town centre, this three bedroom villa is perfect for a small family to live in permanently, or to be used as a lovely holiday home. The quiet residential area will make you feel at ease.
Constructed as a new social centre in Bahcesehir, this project boasts an on-site shopping avenue with more than 100 shops for residents to enjoy and is listed today at first call prices for investors to get in before raises in the future.
Within walking distance to two metro stations for easy access to the city centre, this project is situated on the Asian side in Yamanevler in Istanbul and offers apartments for sale ranging from one – five bedrooms for all budgets and family sizes.
There are only four villas within this top quality residential complex in Belek, situated just minutes away from the nearest golf course for golf lovers and those looking to spend the summer working on their handicap in luxurious surroundings.
Overlooking the sea with a golden sunset, this detached villa is set within a large garden with swimming pool and separate guest apartment for friends or hired help to use – the property has recently been reduced for a quick sale and is a must see.
Investing in one of these properties ensures you are not just investing in a home, but also in the future of a bustling district in a fast growing city. You will find everything you could possibly need at your fingertips or even closer, making these homes ideal for living in Turkey.
Listed at pre-launch prices that are currently around 40% below the regional average for comparable completed projects, this is an excellent investment opportunity for those looking to get in at entry level to maximise their potential return.
Just seconds away from Ataturk Airport and within close proximity to Basin Ekspres and the third airport of Istanbul, this is a superb investment opportunity for those looking to get the maximum out of their purchase in Turkey.
Located in the historical setting of Beyoglu within walking distance to Taksim Square and local facilities, these are outstanding apartments for sale at great prices for those looking to live in the central heart of Istanbul close to everything.
Pick up a bargain priced apartment in Bahcesehir when you purchase one of these high quality residences within a spectacular and fully equipped project – set within green gardens, buyers can choose from homes ranging from one – four bedrooms.
This state-of-the-art project is located in Gumusluk and is just a short elevator ride away from an extensive private beach area meaning that residents will always find their private spot besides the ocean on a daily basis.
Boasting spectacular panoramic views across the islands and sea, these outstanding properties form one of the best developments in Gumusluk and enjoy access to a private beach, swimming pool, and even restaurants.
Designed and built in co-operation with an international hotel chain, these quality apartments are found in Basin Ekspres Media Highway and have a large rental guarantee in place for the first two years, making these a superb investment.
Designed and built to custom standards, this extravagant five bedroom Bolu villa is situated within a huge 8,000m2 plot and assures complete privacy for those looking to escape from city life to some of the most beautiful surroundings in all of Turkey.
In the sought after location of Camlica on the Asian side of Istanbul, this five-star development offers residences in many different types and sizes, and offers flexible payment terms for those looking to spread the cost over an affordable period.
These central square properties are the perfect investment opportunity on the Asian side of the city and feature access to the largest shopping mall within the city, with more than 400 shops to browse and choose from.
Outstanding serviced-apartments within a 5-star hotel, forming part of an elite project in Camlica on the Asian side of Istanbul – this is an opportunity that simply cannot be missed, a city within a city with everything in place.
Purchase one of these Basin Ekspres apartments. This is an exceptional investment opportunity with superb commuting access to the city centre and only five minutes away from Ataturk Airport and local daily necessities.
Offering a modern yet authentic design, these villas have been designed by a famous Turkish architect and there are only 5 in total available in Gumusluk, Bodrum. Overlooking the bay, the location is one to be desired, while the design is one to be admired.