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.
Built to luxury standards from top to bottom is this superb three bedroom apartment for sale in the residential Karsiyaka area of Izmir – close to all amenities including supermarkets, shops, restaurants, and public transportation.
Izmir
With a touch of authenticity throughout, this gorgeous property is absolutely superb and features a private swimming pool, landscaped green gardens, and lots more to discover inside – a dream home in the sun in Turkey.
Alanya
Available in various types and sizes, these fantastic apartments are for sale in the Kadikoy-Fikirtepe area of Istanbul in a residential area just a few minutes away from daily necessities and public transport for moving.
Istanbul
Listed today at pre-launch prices are these exceptional apartments in Bahcesehir, found within a project featuring a shopping avenue and extensive facilities designed for year round living in Istanbul just 20 minutes from the third airport.
Istanbul
Tucked away in a natural setting, this Gokbel Village property enjoys sweeping views across the surrounding greenery in Dalyan and is a must see at a bargain price – arrange your visit by calling or contacting us.
Dalyan
Excellent investment commercial shop for sale in the residential area of Basaksehir in Istanbul, home to young families and those living in Turkey commuting towards the city centre for work purposes on a daily basis.
Istanbul
Located just 50 metres away from a subway station, these excellent apartments are found in Esenyurt area of Istanbul and are suitable for families wanting to live in the city with flats for sale up to four bedrooms inside.
Istanbul
One of the most impressive designs we have come across in Alanya is this beautiful estate of luxury homes with picturesque sea views and wonderful setting coupled with great on-site facilities including indoor and outdoor pools, as well as sauna, Turkish bath, gym, and much more.
Alanya
Built using innovative technology throughout, this incredible project enjoys panoramic views out towards the sea and is found in a central area of Izmir – the site even boasts a man-made beach area for sunbathing at the seaside.
Izmir
Contact us today for more information about purchasing this outstanding commercial property within a high street in a popular area of Istanbul – this shop has high rental potential and comes highly recommended for viewing.
Istanbul
Listed at an excellent price today, this bargain Alanya villa is perfectly placed for both investors and lifestyle buyers looking to enjoy the best of modern life in Turkey, along with a peaceful setting overlooking the sea with striking views.
Alanya
Furnished and ready to move in, this spacious apartment is nestled within the residential area of Hurma within the Konyaalti district of Antalya and has access to a shared swimming pool and landscaped green gardens.
Antalya
Right in the heart of the city, this is a fantastic opportunity to invest in a commercial shop for sale in Bomonti area of Sisli district in Istanbul – just a few minutes walking distance away from Metro stations, restaurants, and more.
Istanbul
Historically located within the central heart of Istanbul, these contemporary apartments are found in the sought after area of Beyoglu and are just a few minutes away from a range of transport, amenities, and things to do.
Istanbul
These low-rise apartments are perfect for buyers that are looking to live within a peaceful neighbourhood on the Anatolian side of Istanbul in Cengelkoy – forming part of an excellent project with lots of green spaces.
Istanbul
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