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.
Available at a bargain price not to miss, this duplex apartment is nestled within the quiet and residential area of Tasyaka on the outskirts of Fethiye – suitable for those looking to live in Turkey on a permanent basis.
Fethiye
This is a unique opportunity to purchase two apartments within one, offering an abundance of rental potential for any investors looking to obtain a high degree of income from one residence whilst living in the other – contact us for all the details.
Fethiye
Just a short walk away from the town centre where you will find rooftop restaurants, busy bars, and much to see and do is this charming duplex apartment featuring its very own private swimming pool and sea view terrace.
Kalkan
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
Boasting a huge shared swimming pool and other on-site social facilities for residents to use, this complex is located in the residential area of Avsallar in Alanya and offers contemporary apartments at bargain prices today.
Alanya
Ideal for Turkish Passport by Investment applications, this project offers low-rise homes for sale within the peaceful area of Kemerburgaz in Istanbul and has panoramic views heading out towards the surrounding nature.
Istanbul
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
Fantastic car wash for sale in a residential area of Kartal, right next to the E-5 Highway with up to 200,000 vehicles passing by on a daily basis – this is a must see investment for those looking to buy commercial real estate.
Istanbul
Located in a prime area of Antalya, this incredible Kaleici house for sale is just a short walk away from Mermerli beach and the old Harbour. On the market as completely furnished and decorated by a famous architect in Turkey.
Antalya
Looking out across Ovacik Valley and Babadag Mountain is this beautiful property for sale within a residential area just moments away from daily necessities and transportation for moving around the region on a daily basis.
Fethiye
These tenanted apartments are ideal for investors who are seeking rental income immediately with the purchase of real estate in Turkey – these residences are nestled within the peaceful area of Tarabya in Istanbul.
Istanbul
Built to luxury standards throughout, this brand new apartment is located in Karsiyaka area of Izmir and enjoys a gorgeous view stretching for as far as the eye can see from a panoramic terrace attached to the living room.
Izmir
Within minutes to the world famous Oludeniz Beach and Ovacik centre, this high quality villa is nestled away on the mountainside with tremendous views and would make for a lovely year round permanent family residence.
Fethiye
Suitable for living with a family in Bodrum, this superb sea view detached villa is for sale in Konacik and is just a few minutes away from the centre full of life and things to do – complete with its own swimming pool and gardens.
Bodrum
Looking out towards the sea from an elevated position, this charming house is for sale within a residential area of Cukurbuk in Gumusluk area and is on the market today as completely furnished and decorated throughout.
Bodrum
Fully completed and ready to move in, these apartments are found within the residential area of Gaziosmanpasa and are suitable for families looking to live in Istanbul close to a plethora of amenities and transport options.
Istanbul
Just moments away from the seafront with tremendous views, these spacious properties are located in a highly residential area of Beylikduzu and are available in sizes ranging from two – five bedrooms for family living in Turkey.
Istanbul
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
Fully furnished and ready for a family to move in immediately, this penthouse-style apartment is located within a popular complex in Bomonti area of Sisli and is highly suitable for Turkish Citizenship by Investment.
Istanbul
Situated within a 5-star residential complex, these commercial offices are suitable for obtaining Turkish Citizenship by means of Investment and are just a few minutes away from other central districts and centres.
Istanbul
Suitable for families who want to live on the Anatolian side of Istanbul, this extensive project rises in a residential area and has sea views – all just a one minute walk away from a Metro for commuting and moving around.
Istanbul
Metres away from a private beach and sea, this fantastic apartment is for sale in Kadikalesi area of Bodrum and includes white goods within the sales price – perfect for owners looking to live in Turkey or invest for income.
Bodrum
Looking out across lovely green surroundings from attached balconies, these completed apartments are for sale in the central area of Eyup and are recommended as one of our top picks for family living in Istanbul.
Istanbul
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