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.
Featuring 5-star on-site facilities including a shopping street full of branded shops, this is an opportunity not to be missed in the Eyup area of Istanbul, within easy travelling distances to the city centre for commuters and lifestyle buyers.
Istanbul
Rising in central Kagithane, these apartments are fully completed and are ready for buyers to move in immediately after the purchase process has been finalised – suitable for Turkish Citizenship by Investment applications.
Istanbul
Suitable for family living in Turkey, these beautiful villas are for sale in the residential area of Nilufer within the lovely city of Bursa and have their own green landscaped gardens for relaxing and spending time outside.
Bursa
Within 20 metres of the sea and promenade, this is a unique opportunity to purchase two villas in the residential area of Akarca in Fethiye – suitable for those who are looking to move to Turkey on a permanent basis.
Fethiye
Metres from the Valley of Life, these family apartments have been designed to the highest quality on the European side of Istanbul in Beylikduzu and are minutes away from a Metro and Metrobus station. Suitable for Turkish Citizenship by Investment.
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
Minutes away from the International Finance Center, these properties are perfect for those looking to invest in the Atasehir area of Istanbul on the Anatolian side and are available in various sizes and types to choose from.
Istanbul
Part furnished, this spacious four bedroom detached property is found in the Metinler area of Dalyan close to daily amenities and facilities, overlooking a wonderful backdrop of mountains and surrounding nature at all turns.
Dalyan
Situated within a large private plot is this spacious three bedroom detached house for sale in the peaceful area of Uzumlu, on the edge of the village yet within a short walk to all amenities and facilities within five minutes or less.
Fethiye
Overlooking a surrounding of mountains and nature, this peaceful house is found in a delightful complex with swimming pool and gardens, listed for sale today at a bargain price ensuring that this won’t be available for much longer.
Dalyan
Bask in the natural beauty of Dalyan with this picturesque villa listed at a bargain price complete with everything you need at hand. A comfy and cosy house furnished and ready to move in as soon as you have completed the purchase process. Found in a sought out area.
Dalyan
Apply for a Turkish Passport after purchasing one of these fantastic apartments for sale within the central district of Kagithane in Istanbul – fully completed and ready for buyers to move in immediately after purchasing.
Istanbul
This is a unique opportunity to invest in a quality shop in Gungoren area of Istanbul, these commercial properties have a rental guarantee in place for three years and are recommended for viewing as soon as possible.
Istanbul
Amazing views offered from this spectacular Alanya villa surrounded by nature and scenic views throughout. Look down over the Mediterranean Sea throughout your home. Set within a large expansive plot of land with a spacious swimming pool and lots of garden space.
Alanya
Fully furnished and ready for new owners to move in immediately, this charming property is for sale in the Dalyan area of Turkey and is a must see for those wanting to live in the Turkish countryside at the base of Karadag Mountain.
Dalyan
Spacious interiors and a modern design makes this villa a perfect family home in the lovely settings of Kemer in Turkey. Close by you will find the beach and sea just a short walk in the sun away. Sitting in a well kept garden complete with a swimming pool and natural views.
Kemer
With Title Deeds in place, these spacious apartments are located in the developing area of Kagithane within the central heart of Istanbul and are suitable for those who are looking to apply for a Turkish passport.
Istanbul
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
A perfect location in Kemer surrounded by green views and perfect nature scenery. This charming villa makes for an ideal year round home possibly for a couple retiring to Turkey or an ideal holiday destination for someone seeking a getaway abroad away from the frenetic lifestyle in a city.
Kemer
Family house tucked away amidst a pine forest in Ovacik, found close to local amenities and set within a large garden with private swimming pool. The property offers four bedrooms, all en-suite and all with balconies attached.
Fethiye
Bargain fully furnished house in the heart of Kalkan, just a short walk away from all kinds of amenities and enjoying a remarkable view out towards the sea from all corners of the property – what more could you need?
Kalkan
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