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.
Bargain priced apartment for sale in the peaceful and quiet area of Cikcilli in Alanya, tucked away surrounded by nature and wonderful views yet only a short bus ride away from the city centre full of world class amenities.
Alanya
Panoramic villa in Kalkan overlooking the town, bay, and harbour with picture perfect views from terraces and two private swimming pools – this is a home that more than meets all the criteria for those seeking luxury real estate.
Kalkan
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
Built using the very best materials, this outstanding property is found in Nilufer area of Bursa and has a modern contemporary design for family living just five minutes away from the city centre full of life and things to do.
Bursa
With Title Deeds in place, these affordable homes are for sale in the residential and highly sought after area of Avcilar within Istanbul and have now been completed to top standards throughout – ready for buyers to move in.
Istanbul
These modern apartments are for sale in Altintas area of Aksu in Antalya and form part of an excellent complex equipped with social facilities and shared spaces for residents to enjoy together on a daily basis.
Antalya
Within ten minutes to the nearest beach, this fantastic hotel is located in Kemer region of Antalya and is for sale as completely furnished – ready for new investors with a long history of profit and high occupancy rates attached.
Kemer
Priced to sell quickly, these affordable apartments are found in Altintas area of Aksu and have views heading out across the surrounding natural scenery – forming part of a top complex with comprehensive facilities.
Antalya
This is an incredible opportunity to purchase a beachfront apartment for sale in Alanya, overlooking the sea with striking vistas and just metres away from the water for spending endless summery days sunbathing and relaxing.
Alanya
This is a fantastic opportunity to purchase an entire building for sale in Karakoy area of Istanbul, located just a short walk away from the sea with lovely views and suitable for someone looking to renovate a building in Turkey.
Istanbul
Built to luxury standards throughout, this exceptional villa is found in the Dosemealti area of Antalya and is suitable for Citizenship applications. The house has its own private gardens and spacious swimming pool to enjoy.
Antalya
Within close proximity to daily amenities and just a few minutes driving distance away from the town centre of Fethiye are these quality apartments for sale at affordable prices – choose from units up to three bedrooms.
Fethiye
For sale at bargain prices not to miss out on, this comprehensive project offers outstanding apartments in the residential area of Nilufer in Bursa and even includes an on-site shopping mall providing everything needed.
Bursa
5-star villas in the heart of Yalikavak, located just 500 metres away from the seaside and world class amenities and facilities including the Palmarina – each home has its own private swimming pool and two separate garden levels.
Bodrum
Close to the nearest beach and public transportation, these properties are more than suitable for year round living in Kargicak area of Alanya and form part of a superb complex with endless social facilities and communal areas.
Alanya
Suitable for a family looking to live in Turkey, this spacious villa is situated within a wonderful garden for relaxing and spending time outside – all just minutes away from highways for moving and commuting towards the centre.
Istanbul
One of the best projects that you will find in the Deliktas area of Fethiye, this top quality site offers a range of apartments for sale up to three bedrooms and is just a short distance away from local amenities and necessities.
Fethiye
Built to exceptional standards by a top developer in Antalya, these affordable homes are for sale in the Altintas area of Aksu and form part of a complex with social facilities and spaces to enjoy on a daily basis.
Antalya
Exceptional plot for sale close to Lake Iznik, boasting incredible views and an abundance of untouched potential for the buyer – contact us with your requirements and budget, and allow us to find the perfect parcel for you.
Bursa
Fully furnished and ready to move in immediately, this spacious duplex apartment is located in a high elevated position in Tasyaka with commanding views heading down towards the sea and surroundings – this is a must see listing.
Fethiye
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
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