Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Fully furnished property located in Kalkan Town centre within easy walking distance to the harbour makes this an ideal purchase for anyone who enjoys a spot of sailing uncovering some of the coves and islands surrounding the town. Very high rental potential with this one.
Kalkan
Built to modern standards throughout, this brand new project is for sale in Zeytinburnu area of Istanbul and offers apartments in various sizes and types to purchase – all just minutes away from amenities and transport.
Istanbul
Full lake and Marmara sea view high quality apartments for sale in Istanbul recently completed, turnkey with payment plans up to 24 months low deposit. Located near Ataturk airport, Atakoy Marina and Kucukcekmece Lake in Istanbul.
Istanbul
La Mer Dragos with Title Deeds ready, these apartments are perfect for Turkish Citizenship applications and are found within a sought after area of Dragos in Maltepe on the Anatolian side of Istanbul – enquire today for more information.
Istanbul
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.
Alanya
Constructed by one of the best developers in Antalya, this luxury-built villa is found within the residential area of Dosemealti and has its own swimming pool and green garden for spending long summery days outside with loved ones.
Antalya
Sitting in the eagle’s nest in Uzumlu overlooking the surrounding nature and valleys is this wonderful, customisable property for sale featuring one of the most breath taking interior designs that we have come across in Turkey today.
Fethiye
Within easy walking distance to all local amenities including lovely restaurants and bars is this family home offering five large bedrooms and a large garden. Listed as fully furnished, you and your family can be enjoying all that is good about Kalkan just in time for summer.
Kalkan
Right in the heart of Bodrum city centre, these contemporary apartments have Title Deeds in place and are five minutes away from everything needed on a daily basis – enquire today for more information before these have been sold.
Bodrum
For sale at first call prices in the historical setting of Topkapi in Zeytinburnu, these Istanbul residences are available in sizes ranging from one – five bedrooms and are just a short 15 minutes away from the city centre for lifestyle buyers and investors.
Istanbul
With a beautiful rooftop terrace overlooking the bay of Kalkan and sea, this is an immaculate home and one that ticks all the boxes for luxury residential living located right in the centre of town close to all amenities.
Kalkan
Tucked away in Bozburun is this wonderful hideaway property ideal for those sailors looking to come and explore some of Turkey's most calm and tranquil waters with plenty of hidden coves and diving spots for you to get your teeth into. Excellent sea views and lots of privacy offered.
Marmaris
Suitable for buyers looking to obtain Turkish Citizenship, these outstanding properties are found in the Atasehir district on the Anatolian side of the city and are within easy walking distances to the new Istanbul Finance Centre.
Istanbul
Nestled in peaceful settings, this property is for sale in Kizilbel Village in Uzumlu and has panoramic views of the surrounding mountains and nature – all just a short drive away from daily necessities and amenities.
Fethiye
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
This detached home is nestled within the residential area of Ovacik in Fethiye and has its own private swimming pool and landscaped mature garden – just a few minutes away from daily amenities and transportation options.
Fethiye
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.
Istanbul
Excellent investment commercial shop for sale in the residential area of Basaksehir in Istanbul, home to young families and those living in Turkey commuting towards the city centre for work purposes on a daily basis.
Istanbul
Suitable for year round living with a family, these spacious apartments are nestled within a private area of Beylikduzu and have sweeping sea views – all just a few minutes away from the famous West Marina.
Istanbul
Enjoying incredible views of the sea and surroundings, these fantastic properties are for sale in the sought after and peaceful area of Adabuku within the Bodrum peninsula and are just 15 minutes away from the airport.
Bodrum
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