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.
Tuzla apartment for sale within a residential area of Fethiye, situated just a short five minute walking distance away from the town centre full of life and things to do – this is a must see that will not be available for long.
Fethiye
This semi-detached villa is nestled within a residential area of Calis and has five bedrooms inside for the largest of families to live together in Turkey. This property is in need of some TLC, hence the bargain price.
Fethiye
Suitable for families and those looking to live in Turkey, these modern apartments are nestled within a residential area of Izmir and have sea views from attached balconies and terraces – all just minutes away from amenities.
Izmir
This semi-detached villa is located within the residential area of Koca Calis and is just a short two minute walking distance away from the seaside and beach – on the market today as part furnished for an easy move.
Fethiye
Invest in Kucukcekmece Basin Express apartments and purchase yours today at great prices not to miss out on. This is one of our top picks in this area of Istanbul and homes are close to local amenities and daily all facilities.
Istanbul
Built to luxury standards from top to bottom, this exciting project offers apartments and villas for sale within the sought after area of Aksu, Altintas, just a few minutes away from daily amenities and the Airport.
Antalya
In a prime area of Antalya, this Konyaalti duplex apartment is ready to move in immediately and has been kept in excellent condition throughout – suitable for buyers looking to obtain Turkish Citizenship by Investment.
Antalya
With several payment plans in place, and a full range of facilities for residents to enjoy, these apartments are some of the finest you will find in Bursa today. Very well priced, pick up one of these units today and reap the rewards as the area continues to develop tomorrow.
Bursa
Crafted with family living in mind, these spacious apartments range from two – four bedrooms in size and are centrally located in Kagithane, ideal for working and commuting to areas including Taksim and Besiktas both within a 10km radius.
Istanbul
Located in the historical setting of Beyoglu within walking distance to Taksim Square and local facilities, these are outstanding apartments for sale at great prices for those looking to live in the central heart of Istanbul close to everything.
Istanbul
Built to excellent standards throughout, these modern apartments are nestled in Kartal on the Anatolian side of Istanbul next to the beautiful Aydos Forest and are available in various types and interior layouts.
Istanbul
Forming part of an excellent complex equipped with social facilities and amenities, these quality apartments for sale in Kepez area of Antalya region and are just a few minutes away from shops and transportation.
Antalya
Located in a sought after residential area of Istanbul, these spacious apartments are suitable for raising children in a friendly part of the city just 15 minutes away from historical landmarks and the centre for commuting and working.
Istanbul
Comfortable and practical, these lovely residences are suitable for Turkish Citizenship by Investment and are located in beautiful Bahcesehir, just moments away from Kanal Istanbul and Kucukcekmece Lake.
Istanbul
Constructed to 5-star standards throughout, these beautiful apartments are located within a fast-growing and residential area of Antalya in Turkey and have access to a host of facilities including a free shuttle to the beach.
Antalya
This is an exciting opportunity to enjoy resort-style living within a lovely area of Istanbul – these properties are found in Sancaktepe on the Anatolian side of the city and are within close proximity to a Metro Line.
Istanbul
Boutique apartments for sale in a residential area of Bahcesehir, ideal for discerning families looking to live in a friendly part of Istanbul close to everything needed on a daily basis – this is one of our top picks in the entire city.
Istanbul
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