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.
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
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
This project has been equipped with a range of social facilities and shared spaces for those who are looking to relocate to Bursa with their loved ones on a permanent basis – rising in the fast-growing area of Nilufer.
Bursa
Surrounded by amenities and things to do, these contemporary apartments are nestled within the popular area of Konacik in Bodrum Peninsula and form part of a boutique project fitted with a shared swimming pool.
Bodrum
Affordable apartments available in the heart of Fethiye Town, situated just a short walking distance away from the town square full of shops and things to do – this is an exceptional investment or lifestyle opportunity.
Fethiye
Located just a stone’s throw away from West Marina are these expansive apartments offering a spacious living environment for those with children. These properties form part of an incredible city within a city project and cater to your every want and need.
Istanbul
Situated on the European side of Istanbul in Halkali, this comprehensive project is fully equipped with extensive social and commercial facilities for residents, and offers homes ranging from one – four bedrooms available.
Istanbul
Built to modern standards throughout, this project is situated within Aksu Altintas area of Antalya and offers hotel-quality social facilities and spaces for residents to enjoy together on a daily basis in Turkey.
Antalya
Fully completed and ready to move in, these apartments are found within the residential area of Gaziosmanpasa and are suitable for families looking to live in Istanbul close to a plethora of amenities and transport options.
Istanbul
Just metres away from the seafront and a short walking distance to the Harbour and Town Centre, this Fethiye villa ticks all the boxes for those seeking more than just a holiday home, for those looking to move to Turkey with their children.
Fethiye
These contemporary apartments for sale are suitable for families who are looking to live in a fast-growing district of Antalya in Kepez, just moments away from everyday necessities such as supermarkets and shopping malls.
Antalya
This franchise shop is located in Beylikduzu area of Istanbul and is occupied and rented on a long term basis by a successful hair salon – available for investment today for those seeking high income immediately.
Istanbul
Suitable for year round living in Turkey, these exceptional apartments rise in the residential neighbourhood of Konyaalti in the city of Antalya and have access to social facilities such as landscaped gardens and a pool.
Antalya
Available at bargain prices not to miss, this new development is found in a residential area of Eyup in a developing part of Istanbul in Turkey and is just minutes away from daily amenities and local necessities.
Istanbul
Title Deed ready homes ideal for those looking to obtain Turkish Citizenship by means of real estate investment in a growing area of Istanbul – these Beylikduzu properties are available in sizes ranging up to eight bedrooms.
Istanbul
On the ground floor for easy access to and from, this spacious apartment is for sale in Calis area of Fethiye and has three bedrooms inside for a family to live together – just a short walk away from shops and transport.
Fethiye
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