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Find Your Ideal
Home & Investment
Find Your Ideal Home
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.
Nestled within a residential area of Adabuku, these high quality apartments are for sale today at bargain prices and are recommended for viewing at the earliest – units here will not be on the market for much longer.
Ten minutes away from the famous Lara beach and amenities, these modern-designed apartments are for sale within the Aksu area of Altintas in Antalya and are suitable for year round living in Turkey.
Purchase a luxury apartment for sale in the golf town of Belek, located just metres away from the nearest professional quality course – this three bedroom residence is found within an excellent complex with stunning on-site facilities.
Rising in Altintas area of Antalya, these modern apartments are available in sizes ranging up to three bedrooms with single floor and duplexes to choose from – these properties are ideal for family living in Turkey.
Complete with luxury on-site social and communal facilities including access to a science museum, aquarium, and indoor outdoor swimming pools, this is one of the top developments that you will find in Izmir today, a must see.
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.
Basin Ekspres apartments suitable for those looking to invest in Istanbul within minutes to daily amenities and public transportation for city commuting – choose from units ranging in sizes up to four bedrooms for sale.
Five minutes away from the nearest shopping mall and Antalya Airport, these apartments form part of a 5-star complex with top social facilities including a private shuttle service to the famous Lara beaches.
One minute walking distance away from the seaside, these luxury-designed low-rise apartments are for sale within a popular area of Buyukcekmece and are suitable for Turkish Citizenship by Investment applications.
Within walking distance to the sea, these contemporary homes have access to a beautiful rooftop terrace with swimming pool and sunbathing deck, built to meet all the needs of modern life in Turkey and available on payment plans.
Next to Aydos Forest with spectacular nature views on one side and Marmara Sea views on the other side are these apartments for sale in Kartal area of Istanbul – available in various different types and sizes to choose from.
Just a few minutes away from Basin Express Media Highway, this is a top quality project of apartments fully equipped with on-site shops, supermarkets, pools, and much more for residents to indulge in a luxury lifestyle in Istanbul.
Available at bargain prices not to miss out on, this new project is situated within central Istanbul in Halic and is close to the Golden Horn and sea with tremendous views available from higher floor properties.
Designed to perfection and built by one of the top reputable developers in Bursa, these homes are available in sizes ranging from two – six bedrooms and represent one of the best lifestyle and investment opportunities in the city.
Investment opportunity close to Atakoy Marina in Istanbul, this project offers a range of apartments and excellent on-site facilities. Set for completion in 2018, prices will rise dramatically, making the time to invest right now.
Perfect for lifestyle buyers looking to live in Istanbul, these Beylikduzu homes feature a unique open concept shopping mall with 113 daily stores to browse, along with swimming pools for men, women, and children, and so much more.
Built to 5-star standards throughout, this exciting project is located in Antalya and offers residents access to a private beach in the Lara district – these properties are suitable for investors as well as lifestyle buyers.
Within easy walking distances to West Istanbul Marina, these modern apartments have everything in place for buyers wanting to live in the city on a permanent basis and form part of a quality complex equipped with facilities.
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.
Within a few minutes to the famous Bagdat Avenue, these Fikirtepe properties are some of the best that you will find in this area of Istanbul and form part of an excellent complex fully equipped with a range of facilities.
Suitable for Turkish Citizenship by Investment, these spacious properties are located in the heart of Istanbul in Eyup area of the city just a short commuting distance for those looking to live and work in Turkey on a permanent basis.
With fantastic views out towards the Golden Horn from Halic, these Big Life near Little Bosphorus by Rams apartments are available in various types and sizes for buyers to choose from and form part of an excellent project equipped with amenities.
Available in sizes ranging from one – four bedrooms with many different types and floor plans to choose from, these properties are found in Kepez one of the fastest growing investment areas in Antalya and are recommended for viewing.