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.
Just 100 metres away from the main street lined with shops and things to do, these modern apartments are for sale at affordable prices in Oba area of Alanya and would be ideal for use as family residences in the sun.
Alanya
This ground floor apartment is located within the residential area of Babatasi in Fethiye Town and has two bedrooms for a small family to live together – just a few minutes away from daily amenities and public transportation.
Fethiye
Tenanted shop situated within a high street area of Istanbul, for sale today at a great price with a long term tenant and contract in place – for more details, please call or contact us to speak with the experts.
Istanbul
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
Built to resemble life within a 5-star hotel, these residences form part of one of the most hotly anticipated complexes in Kargicak area of Alanya and offer access to numerous swimming pools and vast outdoor green spaces.
Alanya
Inspired by the palaces of Istanbul and the rich culture and stunning architecture, this project brings together some of the best districts in the city to present a stunning re-make of the Bosporus sea in an amazing range of villas and apartments for sale at generous prices.
Istanbul
Whether you are looking for a perfect retirement home, a picturesque holiday home, or a savvy investment - this bungalow meets all your needs for Dalaman and is your supreme escape to Turkey every year to quiet settings surrounded by lots of nature and excellent views.
Dalaman
This duplex apartment is nestled within the residential area of Hisaronu in Fethiye and is on the market today as completely furnished and refurbished – just a few minutes walking distance away from the town centre.
Fethiye
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.
Kalkan
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.
Antalya
Five minutes walking distance away from the nearest Subway station for commuting and moving around the city of Istanbul on a daily basis, this excellent complex offers properties for sale in sizes up to five bedrooms.
Istanbul
Built with family living in mind, this contemporary project offers high quality apartments for sale in the Nilufer region of Bursa in Turkey and is surrounded by amenities including schools, hospitals, and green parks.
Bursa
One of our top picks for those looking to buy commercial properties in Istanbul, this Sariyer unit has a long term tenant in place and contract guaranteeing rental income for many years still to come.
Istanbul
Rising within the residential area of Nilufer in Bursa, these contemporary apartments have everything in place for living with your family in Turkey and are nestled just ten minutes away from the nearest shopping mall.
Bursa
Furnished family apartment just minutes from the beach and promenade in Calis, featuring incredible full open panoramic views across the sea and beyond. This residence is completely furnished and highly recommended for viewing.
Fethiye
Located in a residential area of Izmir, these excellent properties are suitable for year round living in Turkey and come highly recommended for viewing at the earliest opportunity – situated just minutes away from all daily amenities and local shops.
Izmir
Choose from one – two bedroom apartments for sale when you purchase one of these quality flats in the urban regeneration district of Kagithane, right in the city centre of Istanbul within close proximity to everything needed.
Istanbul
This is a resale three bedroom property within one of the most popular projects currently in Side, you will find no other three bedroom units available, making this a unique opportunity for a buyer to invest today.
Side
Situated in a family friendly spot of Beylikduzu currently undergoing development, these overly spacious homes are well priced and come with advantageous payment plans for those looking to spread payments.
Istanbul
Luxury designer homes are the perfect investment in Bahcesehir and are found in a desired spot for residential living and central city commuting. The project is listed at first call prices and has a shopping street within for all daily needs.
Istanbul
Designed and built with luxury living in mind, this superb complex offers beautiful flats for sale in the Kestel area of Alanya with tremendous views heading out towards the sea and nature surroundings stretching far.
Alanya
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