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.
Spacious family home for sale within a residential compound in Zekeriyakoy area of Sariyer, suitable for permanently living in Istanbul with loved ones just a short two minute driving distance away from a British school.
Istanbul
Nestled in the peaceful area of Seydikemer, this unique property could be operated as a boutique hotel or restaurant business in Turkey if wanted and is on the market today as completely furnished and decorated.
Fethiye
This beautiful property is for sale in the peaceful area of Uzumlu in Fethiye, surrounded by fantastic nature views for a private lifestyle guaranteed – this is a must see home with its own private swimming pool and green garden.
Fethiye
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
Istanbul
Family apartment in a residential area of Gocek, just moments away from the nearest marina and town centre full of life and things to do – this spacious residence is completely furnished and ready for new owners to move in.
Gocek
In a fast developing area of Istanbul, these brand new apartments are for sale in Kartal and enjoy panoramic views out across the sea and Princes Islands – located just metres away from a Metro for daily commuting.
Istanbul
Available in multiple types and sizes, this comprehensive project offers luxury-designed homes for sale in the desired Maslak area of Istanbul and is just minutes away from the nearest Metro Underground for commuting.
Istanbul
In the perfect location, you will find a mix of one, two and three bedroom properties for sale at an exceptional price in Konyaalti. Local amenities will ensure you can lead a comfortable life with everything you need and more.
Antalya
Invest in a commercial shop in a central area of Istanbul when you purchase one of these units in sought after Kagithane, within a top complex with a full range of social facilities and potential customers just metres away.
Istanbul
Ready to move in, these completed boutique apartments are for sale in Bahcesehir and are suitable for those working and commuting in Istanbul – units here are selling out fast so call or contact us today for more information.
Istanbul
This Kizilkaya villa has been designed and built to luxury standards throughout and is nestled within a rare area of Faralya – you do not want to miss out on this exceptional opportunity to live close to the Lycian Way.
Fethiye
Furnished house in the heart of the Old Town in Kalkan, complete with its own large private swimming pool and sweeping sea panoramas – this property is ready to move in as soon as the purchase process has been finished.
Kalkan
Suitable for Turkish Citizenship by Investment, these spacious apartments are for sale in Avcilar area of Istanbul and are a must see for those looking to relocate to the city with a small family permanently.
Istanbul
One of the standout developments in Maslak area of Istanbul, this iconic project offers luxury-designed apartments for sale in various sizes and has access to an on-site shopping mall and plethora of social facilities within.
Istanbul
These modern apartments form part of an excellent complex designed for family living in the stunning city of Izmir. Available from two – four bedrooms and fully equipped with social facilities meaning you will never be bored of life here.
Izmir
Right in the heart of the city, this is a fantastic opportunity to invest in a commercial shop for sale in Bomonti area of Sisli district in Istanbul – just a few minutes walking distance away from Metro stations, restaurants, and more.
Istanbul
Situated within a huge plot of land for a private lifestyle guaranteed, this spacious mansion-style villa is found in an elite area of Yalikavak in Bodrum and enjoys a sweeping view out to the famous Marina and sea.
Bodrum
Completed and ready to move in immediately, these outstanding properties are for sale in Taksim in Beyoglu and are within close proximity to Istiklal Avenue lined with hundreds of shops and stores to browse.
Istanbul
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.
Istanbul
Located in the countryside area of Patara in Kas, this wonderful property is on the market today as completely furnished and decorated throughout – this is one that you do not want to miss and comes highly recommended.
Kas
Within minutes to local amenities and daily necessities, these spacious apartments are for sale in a residential area of Fethiye and form part of a top complex with access to a swimming pool and green landscaped gardens.
Fethiye
Taksim apartments right in the heart of Istanbul, situated within 300 metres to Taksim Square and suitable for Turkish Citizenship by Investment applications – this is a landmark project that is highly recommended for viewing.
Istanbul
Tucked away in a countryside area of Beylikduzu just metres away from the sea are these wonderful apartments for sale today at pre-launch prices and buyers can choose from units ranging from one – three bedrooms in size.
Istanbul
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