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Find Your Ideal
Home & Investment
Find Your Ideal Home
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.
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.
Built to modern standards, these apartments are nestled within a residential area of Gumbet and are just 200 metres away from the beach – suitable for those looking to invest and those living in Bodrum.
5 minute walk to Bodrum Marina are these beautifully designed stone houses in Bodrum Centre within an elite estate. There are 1, 2 and 3 bedroom villas available set within a tangerine garden with ample terraces and designer interiors. A rare find for Bodrum real estate enthusiasts. Very high rental income potential.
Completely furnished and ready to move in, this detached villa is nestled within a residential area of Ovacik in the region of Fethiye and has its own private swimming pool and mature garden for relaxing outside.
Built to luxury standards by a top developer in Alanya, these beautiful apartments and villas come highly recommended for viewing at the earliest and have lovely views heading out towards the sea and Taurus Mountains.
Furnished and ready to move in immediately, this picturesque villa is nestled within a quiet area of Ovacik and has its own private swimming pool and landscaped garden for relaxing and spending time with loved ones.
Constructed for luxury living in Turkey, these wonderful Cesme apartments form part of a sought after boutique project and are just a few minutes away from the nearest marina and the seaside – a must see.
Available at great prices, these quality homes are for sale in the Akarca area of Calis and range from four – five bedrooms for families looking to live just a short walking distance away from the promenade and shops.
Offering apartments and villas for sale, this exciting project rises within the Adabuku area of Bodrum and is just moments away from a private beach for residents to relax and spend time with their loved ones.
Rising in Atakent with 70% of space dedicated as gardens and green areas, these brand new apartments are suitable for family living in Turkey and are just minutes away from the nearest Metro for daily commuting.
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.
Listed at first call prices, these properties are found in central Istanbul and are set to rise considerably over the completion process making the onus for investment right now – contact us today to reserve your new unit in Bahcelievler.
These mixed-use apartments are nestled within Bagcilar area of Istanbul and are just a short walk away from a plethora of transportation options for moving and commuting around the city on a daily basis.
Available in various types and sizes, these serviced apartments rise in Beyoglu area of Istanbul and have a rental guarantee for investors – just a short walk away from landmarks including Taksim Square.
Built to luxury standards, these apartments are for sale in the highly desired area of Maslak and are within walking distances to a Metro and long 1.5km street lined with restaurants, shops, and everyday necessities.
Overlooking the stunning Cekmekoy Forest with views that are out of this world, this project is an absolute must see on the Asian side of Istanbul and offers you the opportunity to raise your children surrounded by nature and clean air.
These innovative homes are available in sizes ranging from studio – four bedrooms and are located on the Anatolian side of Istanbul in Fikirtepe, just minutes away from amenities and transport options taking you towards the city centre.
Detached villa nestled within a residential area of Kiziltas in Kalkan, on the market today as completely furnished and decorated throughout – this home would be suitable for those looking to live in Turkey permanently.
Close to Kemer city and a full range of things to do, these spacious duplex homes are available today at bargain prices not to miss out on and have access to a shared swimming pool and landscaped gardens.
With Title Deeds in place, these excellent apartments are for sale in Kadikoy on the Anatolian side of Istanbul and are ideal for Citizenship applications – available today in various different types and sizes to choose from.
Built to meet the requirements of the most discerning of Turkish home buyers this is an exceptional home with some of the best sea and bays views in Kalkan. Affording huge sea facing terraces and a stunning swimming pool the property offers idyllic settings for a summer retreat in the Mediterranean.
Available for sale at a bargain price, this detached villa is nestled in a peaceful area of Ovacik within the Fethiye region and is fully furnished – ready for a new family to move in as soon as the purchase process has been completed.
Within a popular shopping mall, this tenanted shop is situated inside a shopping mall in Gunesli and has 5% rental income on a long term contract with the owner able to negotiate yearly price increases.