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.
Unique hotel and investment opportunity located in the Switzerland of Turkey – Beycik Mountain Village tucked away in Kemer area of Antalya. Opportunities like this are few and far between so call us today for full details.
Kemer
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Istanbul
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.
Fethiye
Right in the heart of Fethiye Town, this is a unique opportunity to purchase a luxury-designed apartment within one of the most contemporary projects to come out of the region in recent years, this is a must see listing.
Fethiye
Designed and built to contemporary standards by a top developer in Antalya, these spacious apartments are found in the residential area of Hurma in Konyaalti and are just a short walk away from the nearest beach.
Antalya
These Asian side Fikirtepe properties are found in an area currently undergoing urban regeneration and tick all the boxes for investors and lifestyle buyers, full of 5-star social and communal facilities for residents to use daily.
Istanbul
Suitable for year round living in Turkey, these exceptional apartments rise in the residential neighbourhood of Konyaalti in the city of Antalya and have access to social facilities such as landscaped gardens and a pool.
Antalya
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.
Istanbul
Within metres to a large shopping mall offering a range of daily shops and amenities, this brand new project is located in Kagithane area of Istanbul and offers apartments for sale in sizes ranging up to three bedrooms.
Istanbul
Built to superb standards with family living in Turkey in mind, these contemporary units are for sale in the desired area of Beylikduzu in Istanbul and are just two minutes away from the Marina for those who love sailing.
Istanbul
These contemporary apartments for sale are suitable for families who are looking to live in a fast-growing district of Antalya in Kepez, just moments away from everyday necessities such as supermarkets and shopping malls.
Antalya
Looking out towards the sea with panoramic views from the third floor and higher, this spectacular project is located in Kartal on the Anatolian side of Istanbul and offers flats for sale in various types and sizes.
Istanbul
This private mansion is nestled in Tilkicik Bay area of Yalikavak and has a tremendous view of the sea from an infinity swimming pool and garden. If you are looking for privacy, you will find it in abundance here.
Bodrum
With Title Deeds in place and a full range of social and communal facilities, these apartments are located in Ispartakule area of Istanbul and are for sale in sizes ranging from two – four bedrooms with multiple types available.
Istanbul
Available at excellent prices, this brand new project offers high quality apartments for sale in the fast-growing and residential district of Basaksehir in Istanbul, just a short drive away from all daily necessities and public transport.
Istanbul
Enjoying panoramic views out towards the Bay of Selimiye and its surrounding mountains is this charming stone built property for sale, suitable for those looking to obtain an authentic lifestyle tucked away in a rural village in Turkey.
Marmaris
Ready for buyers to move in as soon as the purchase process has been completed, this top project offers apartments for sale in a desired area of Izmir and is suitable for those wishing to obtain Turkish Citizenship by Investment.
Izmir
Featuring a shopping mall, 5-star hotel, offices, and residences – this landmark project is a must see for investors and lifestyle buyers in Istanbul, just moments away from public transport for commuting and moving towards the city centre.
Istanbul
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