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.
In a popular touristic area is this three bedroom penthouse overlooking the sea listed as fully furnished and ready today. A great family home during the summer months with a hint of investment makes this the ideal buy for anyone looking for homes in Alanya with lots to offer.
Alanya
Close to everything needed on a daily basis, this fantastic project is ideal for buyers who are looking to live in Istanbul permanently with their families – Title Deed ready and suitable for Turkish Citizenship applications.
Istanbul
For sale at excellent pries not to miss, these modern apartments are found in Sefakoy area of Kucukcekmece and are within close proximity to shopping malls, international schools, and everything else needed.
Istanbul
Built to exceptional standards by a sought after developer in Antalya, these spacious homes are for sale in the residential area of Konyaalti and have access to a range of on-site facilities including a swimming pool and gardens.
Antalya
Available for purchasing up to three bedrooms in size, this panoramic project is found in a peaceful and highly residential area of Izmir in Turkey and has been equipped with a full range of social facilities within.
Izmir
With Title Deed ready, these completed apartments are for sale in Atasehir in Istanbul and are suitable for Turkish Citizenship applications – located just a few minutes away from shops and daily necessities.
Istanbul
Looking for a life of total luxury? Look no further than these amazing penthouses found in one of the most high class and top quality complexes found in Turkey to date. Enjoy the hotel-like features and facilities on-site and never want to leave this little peace of heaven on Earth.
Side
An ideal opportunity to purchase this resale 3 bedroom family villa in the picturesque village of Camyuva near Kemer in Turkey. Surrounded by stunning nature views and a tame quiet aura, the village is suitable for those looking for a peaceful area but with great transport links to busier parts of town and neighbouring regions. Sold very honestly by the owner.
Kemer
Fully ready to move in immediately is this four bedroom detached villa for sale in a peaceful and residential area of Ovacik in Fethiye, suitable for families looking for privacy at home as well as excellent nature and mountain views.
Fethiye
With three spacious bedrooms, and the price tag attached, we highly expect to move this villa in a swift manner, an absolute bargain Kalkan area. Naturally, being in this part of Turkey, the views are ones to be admired and the surrounding area just oozes quality of life that will have you never wanting to leave.
Kalkan
Exceptional vistas are offered from this modern penthouse overlooking the entire coastline and Cleopatra Beach. This home is the complete option for someone looking for a high quality of life in Alanya close to some of the areas most sought out and visited landmarks and spots.
Alanya
The perfect holiday destination, Belek offers a huge amount of sporting activities ranging from 17 championship golf courses, to shopping facilities and more. Found in a newly built residential complex, the house would be ideal for someone looking for a second home abroad.
Belek
Completely furnished and ready to move in immediately, this charming apartment is found in the heart of Kas and is just minutes away from amenities – suitable for those wanting to live in the peninsula with a small to medium sized family.
Kas
Priced to sell quickly – this charming apartment is located in a residential area of Side and is on the market today as completely furnished and ready to move in, forming part of a boutique complex with shared swimming pool.
Side
Just 150 metres away from this project entrance is a new Metro Underground line set to be opened in 2018, resulting in property prices increasing sharply. This is an excellent opportunity to purchase a home in Istanbul.
Istanbul
With Title Deeds in place, these spacious apartments are located in the developing area of Kagithane within the central heart of Istanbul and are suitable for those who are looking to apply for a Turkish passport.
Istanbul
Five minutes away from the nearest Metro line, these contemporary apartments are for sale at great prices in the central area of Kagithane in Istanbul. Not to be available for long, please enquire today to secure yours.
Istanbul
For sale with Title Deeds ready, these brand new apartments are located in Eyup and are within walking distance to a Metro Underground for those commuting to the centre – ideal residences for citizenship by investment.
Istanbul
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