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.
Within ten minutes walking distance to the famous Harbour and Old Town of Fethiye is this charming brand new apartment for sale at a great price – forming part of a secure complex and suitable for year round living.
Fethiye
Invest in Kucukcekmece Basin Express apartments and purchase yours today at great prices not to miss out on. This is one of our top picks in this area of Istanbul and homes are close to local amenities and daily all facilities.
Istanbul
Overlooking the sea with lovely views, this project offers high quality apartments for sale in sizes ranging from one – three bedrooms in Avcilar, and is just minutes away from Ataturk Airport with an abundance of investment value.
Istanbul
Just 100 metres away from the main street lined with shops and things to do, these modern apartments are for sale at affordable prices in Oba area of Alanya and would be ideal for use as family residences in the sun.
Alanya
Five bedroom luxury penthouse for sale in Belek, offering enough space for multiple families looking to enjoy long summer vacations practicing golf in one of the top golfing regions in the entire world – this is a must see.
Belek
Furnished and ready for new buyers to move in immediately, this charming apartment is for sale within the Liman Hurma area of Konyaalti and is just 700 metres away from the famous beach for relaxing at the seaside.
Antalya
Built to resemble life within a 5-star hotel, these residences form part of one of the most hotly anticipated complexes in Kargicak area of Alanya and offer access to numerous swimming pools and vast outdoor green spaces.
Alanya
Available for purchasing up to three bedrooms in size, these new apartments are offered to the market at bargain prices in Konyaalti area of Antalya and are close to amenities including supermarkets, shops, and public transport.
Antalya
Within walking distances to everything needed on a daily basis, these brand new apartments are for sale in Konyaalti area of Antalya and have access to a full range of social facilities and on-site areas including a swimming pool.
Antalya
Minutes away from public transportation and daily amenities, this project offers affordable housing in the central district of Kagithane and is placed within an urban regeneration zone making it suitable for investment.
Istanbul
Ready to move in today, these spacious apartments are located in Media Highway Basin Ekspres in sizes one – three bedrooms, perfect for both investors as well as lifestyle buyers looking to purchase in the newest business district in Istanbul.
Istanbul
Not to be on the market for long, this residential villa is tucked away in a peaceful area of Dalyan in Metinler and is well worth a viewing – this property offers a private garden for relaxing and spending time outside.
Dalyan
Found behind a green belt area is this tremendous fully furnished family house in the peaceful area of Kiziltas in Kalkan. The home is ready to move in immediately and comes with a lovely garden and private swimming pool.
Kalkan
This is a resale three bedroom property within one of the most popular projects currently in Side, you will find no other three bedroom units available, making this a unique opportunity for a buyer to invest today.
Side
If you are looking to live permanently in Istanbul, this outstanding project ticks all the boxes and comes highly recommended for viewing in a residential setting close to lifestyle facilities and everything for raising a family in Turkey.
Istanbul
Designed and built as a luxury resort in Turkey, these Foca properties in Izmir are suitable for those looking to retire, work remotely, or simply spend long summers abroad with their loved ones and families.
Izmir
Within a few minutes to transport and the beach, this gorgeous resale apartment is found in the popular and residential neighbourhood of Gursu in Konyaalti area of Antalya and is perfect for those wanting to live in Turkey.
Antalya
Designed and built with luxury living in mind, this superb complex offers beautiful flats for sale in the Kestel area of Alanya with tremendous views heading out towards the sea and nature surroundings stretching far.
Alanya
Constructed to excellent standards by a top developer in Antalya, these fantastic Belek villas are perfect for year round living in a desired part of Turkey, and have their own landscaped gardens and swimming pools for relaxing.
Belek
This luxury apartment is just a short walk away from the beach in Side and enjoys superb panoramic views heading out towards the water, forming part of an elite project with access to a full range of social and communal facilities.
Side
Nestled within the residential area of Ahat in Fethiye, this five bedroom duplex apartment has enough space inside for the largest of families and is just a few minutes driving distance away from all amenities needed.
Fethiye
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