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.
Media Highway Basin Express properties for sale at superb prices, enjoying on-site facilities and direct connection to a Metro Station – choose from one and two bed units, buyers have the option to merge units to create larger family properties.
Istanbul
The largest and most impressive project currently available in Avcilar, this exceptional site comes highly recommended for viewing and is just minutes away from Ataturk Airport, fully equipped with social facilities and shared areas.
Istanbul
Designed and built with family life in mind, these spacious and modern apartments are found on the Anatolian side of Istanbul in Uskudar and are available today at excellent prices – close to transport, malls, and more.
Istanbul
Within minutes to the popular Gocek Marina, this home is found in the centre of the village and is right by the sea. Located ideally for ease of access for all your amenities, this would make a superb holiday or permanent home in Turkey for those with boats who love exploring the best of nature.
Gocek
Furnished and ready for a family to move in immediately, this charming apartment is nestled within a residential area of Konyaalti in the city of Antalya and is just 500 metres away from the seaside and famous beach.
Antalya
Built to excellent standards by a top developer in Fethiye, this brand new villa is found in Ovacik and is close to the world famous Oludeniz Beach for spending long afternoons at the seaside with loved ones and family.
Fethiye
Recently completely renovated, this classic village house has maintained its sense of charm and authentic appeal for those wanting a slice of Turkish history in the popular seaside area of Side. Famed for its sandy beaches and ancient ruins, Side is a wonderful setting for summer holidays.
Side
Fully completed and ready to move in, these spacious apartments are located in the heart of Antalya within the sought after area of Lara just a few minutes from daily amenities such as restaurants, supermarkets, and shops.
Antalya
Built for lifestyle buyers, these fantastic apartments are found within a residential area of Beylikduzu and are close to local amenities and transportation options for commuting and moving around the city.
Istanbul
This is a commercial property not to miss – this listing is built across two floors and has been operated as a national bank for numerous years. It is located in a residential area of Istanbul and is suitable for citizenship.
Istanbul
Run and operate your own successful business in Istanbul when you invest in this popular restaurant for sale in Avcilar – fully furnished and with an amazing payback period of less than five years on the original investment.
Istanbul
This detached villa is nestled in Seydikemer area of Fethiye and is perfect for those who are seeking a countryside lifestyle in Turkey – just a short walk away from the nearest town centre full of restaurants and shops.
Fethiye
Fully furnished and ready to move in immediately, this panoramic sea view apartment is for sale within a superb complex in Adabuku area of Bodrum and is just five minutes away from a shopping mall and supermarket.
Bodrum
Looking out towards the Princess Islands with panoramic views from floor-to-ceiling windows, these apartments have been fully completed and are located in Kartal just moments from public highways and the nearest Metro Station.
Istanbul
High quality detached villa for sale in Alanya with beautiful views across the hillside stretching towards the sea for as long as the eye can see – this fantastic home has its own private swimming pool and lovely garden area.
Alanya
Fully furnished and ready to move in is this bargain priced home found in the most picturesque of settings in Kalkan with a beautiful view and exquisite settings. Lavish in the views from the expansive rooftop terrace stretching all the way out to the sea and beyond.
Kalkan
Completed and ready for buyers to move in immediately, these contemporary apartments are nestled within a residential area of Kartal in Istanbul – just minutes away from amenities and public transportation options.
Istanbul
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