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.
This apartment is on the market as completely furnished and decorated from top to bottom, ready for new buyers to move in immediately in Konyaalti area of Antalya – forming part of a project with shared pool and gardens.
Antalya
Located in a residential area of Izmir, these excellent properties are suitable for year round living in Turkey and come highly recommended for viewing at the earliest opportunity – situated just minutes away from all daily amenities and local shops.
Izmir
Luxury sea view properties in the sought after area of Tosmur in Alanya, forming part of a 5-star project with extensive social facilities – buyers can choose from residences for sale ranging from one – three bedrooms.
Alanya
Just a few metres away from the nearest beach and with stunning views out towards the sea, these quality apartments are found in Mahmutlar area of Alanya and can be bought today in sizes ranging up to four bedrooms.
Alanya
Offered today at great prices with payment plans available, these two and three bedroom apartments are located in a residential area of Izmir and are suitable for those relocating with children to make a new life in Turkey’s third largest city.
Izmir
Commercial property for sale in Kepez region of Antalya, suitable for buyers looking to obtain long term rental income and invest in a growing area of the city – all just 15 minutes away from the nearest international airport.
Antalya
In the heart of Fethiye Town, this bargain apartment has everything in place for year round living or investing with high rental potential during the peak summer months – this is one that you do not want to miss.
Fethiye
Located within an excellent complex boasting a plethora of site facilities and spaces, these contemporary apartments are situated in Bahcelievler and are just minutes away from daily amenities and public transportation.
Istanbul
Within ten minutes to the main town of Fethiye or the world famous Oludeniz Beach, this charming apartment is found in a residential area of Ovacik and is on the market today as fully furnished and ready to move in.
Fethiye
Within 15 minutes driving distance to Dalaman International Airport, this peaceful property is on the market today at a bargain price not to miss and forms part of a sought after residential complex with private pool and garden.
Dalaman
Located directly at the seafront with some of the most impressive views imaginable, this designer project is found in Kargicak area of Alanya and residences are available today with excellent payment terms to choose from.
Alanya
Choose from properties in various types and sizes when you purchase one of these modern apartments for sale in the Nilufer region of Bursa – suitable for families that are looking to live in Turkey on a permanent basis.
Bursa
This new complex offers apartments for sale in sizes ranging up to three bedrooms and is found in a peaceful and highly residential area of Konyaalti in Antalya – offering residents access to communal facilities including a pool and gardens.
Antalya
Rising in Sultanbeyli area of Sancaktepe, these modern apartments are for sale on the Anatolian side of Istanbul and have access to superb facilities including vast landscaped green gardens and swimming pools.
Istanbul
Choose from apartments for sale in multiple types and sizes when you invest in this centrally located project in the Levent area of Besiktas, suitable for those commuting and working in the heart of Istanbul every day.
Istanbul
Built to luxury standards, these brand new apartments are located in Atasehir in Izmir and are just minutes away from the nearest beach and public transportation for moving around the city or commuting for work purposes.
Izmir
For sale at excellent pries not to miss, these modern apartments are found in Sefakoy area of Kucukcekmece and are within close proximity to shopping malls, international schools, and everything else needed.
Istanbul
Built to luxury standards is this stunning two bedroom apartment for sale in a central area of Izmir in the sought after Karsiyaka neighbourhood – just minutes away from the centre and close to public transportation for moving.
Izmir
Completed and ready for new buyers to move in, this exceptional project is fast selling out and is found along the riverside area of Oba in Alanya close to schools, shopping malls, and the nearest popular sandy beach.
Alanya
Located on the ground floor of a high quality building, this gorgeous sea view apartment is for sale today at bargain price not to miss out on in the Kas region of Turkey – arrange your visit at the earliest by calling or contacting us.
Kas
This is a unique opportunity to purchase two apartments within one, offering an abundance of rental potential for any investors looking to obtain a high degree of income from one residence whilst living in the other – contact us for all the details.
Fethiye
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