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.
Exceptional investment opportunity in Media Highway Istanbul, these properties are listed in Turkish Lira fixed prices and have the advantage of flexible payment plans available for buyers – contact us for more details.
The on-site facilities are of such diversity that you can enjoy your day as you wish, from a spot of sunbathing in the garden to a swim in the pool; you will never find yourself short of things to do with this Konyaalti apartment.
This incredible apartment has a beautiful panoramic view heading out towards the sea and beyond in a residential position in Kalkan suitable for year round living within a private complex with access to a shared swimming pool.
Within walking distance to Taksim Square are these outstanding luxury apartments available in sizes ranging from one – three bedrooms and complete with access to 20 commercial stores, offices, and other social facilities.
This delightful apartment is located in a central setting of Marmaris and is just a short walk away from the beach, sitting in a top complex with shared swimming pool and landscaped green gardens suitable for relaxing outside.
Suitable for year round living within an elite area of the city, this superb apartment is located in Tarabya area of Istanbul and is just a short two minute walking distance away from the Bosphorus Sea for relaxing.
Title Deed ready apartments for sale in the central area of Kagithane in Istanbul, suitable for buyers looking to apply for Turkish Citizenship by Investment and just a few minutes away from public transport and amenities.
Built around a central trade area reminiscent to what you would find in London or Paris, this high end project offers homes available in sizes from studios up to large four bedroom apartments for both investors and lifestyle buyers.
Nestled away in a private area of Sariyer is this designer mansion style villa for sale in Istanbul, a rare find on the market and one that will not be available for long – offering seven bedrooms inside for a large family.
An excellent option for those wanting to invest in Antalya in the desired and residential area of Konyaalti, just moments away from shops and forming part of a quality complex with shared swimming pool and landscaped gardens.
These tremendous apartments rise in Kartal area of Istanbul and are situated next to Aydos Forest and just a few minutes away from the Marmara Sea – available in various types and sizes for buyers to choose from.
Ready to move in immediately, these fully completed villas are for sale within a residential area of Buyukcekmece and have panoramic sea views from attached terraces and balconies – enquire today for more details.
With a Metro Underground station opening within the project in 2019, the time to invest is right now before prices skyrocket – this is one of the most important developments that you will find in this area of Istanbul today.
Designed to luxury standards, this penthouse apartment in Komurluk has all the qualities that a private villa would have and is an absolute must see for anyone looking to obtain a high quality of life within 300 metres to the nearest beach.
With a private swimming pool and excellent location just a short walking distance away from the centre of Kalkan, this two bedroom apartment is ready to move in immediately and furnish to your own standards, it’s a must see.
Built to excellent standards from top to bottom, this exquisite project is located on the Asian side of Istanbul within the sought after area of Kadikoy and enjoys tremendous sea views from apartments on the higher floors.
Boasting some of the most beautiful marina views imaginable, this four bedroom villa is found in Karagozler and is surrounded by premium quality homes, a great choice for those looking for a luxury lifestyle in Turkey.
Available at a bargain price is this charming villa for sale in a peaceful residential area of Calis just a short walk away from the promenade and famous beach lined with busy bars and international restaurants open all year round.
Belview Istanbul available at bargain prices not to miss out on, these designer apartments can be purchased in sizes ranging from one – three bedrooms with duplexes and normal floor residences to choose from on the Anatolian side in Dragos.
Newly built and ready to move in is this bargain priced apartment for sale in a residential area of Kepez in Antalya, minutes away from amenities and forming part of a high quality complex with shared on-site facilities.
Recently renovated and refurbished, this is a unique opportunity to purchase two stone houses in the historical area of Kayakoy in Fethiye – situated within a large plot of land with spacious swimming pool and gardens.