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.
This property is found in Kemer and has 4 large bedrooms and 3 bathrooms and is located in a private plot of land. The home is perfect to be used as a retirement home in the sun, situated right in the Mediterranean sun.
Kemer
Magnificent private villa in Kemer offering you the opportunity to escape from life to your own little world in Turkey. With 6 spacious bedrooms inside, there is more than enough room to bring the whole family with you, maybe even two families. A luxury home.
Kemer
Forming part of a 5-star resort with private beach and Marina, this beautiful home is for sale in the Kadriye area of Belek and is completely furnished and ready to move in as soon as the purchase process is finalised.
Belek
Built to exceptional standards throughout, this property is located in Side area of Turkey and is within easy driving distances to the nearest beach – on the market as completely furnished and ready to move in immediately.
Side
Incredibly rare opportunity to purchase a bargain priced house on Sovalye Island, one of the most exclusive settings in Fethiye and just minutes away from the Marina and Centre – this is an option that you simply cannot miss out on.
Fethiye
Built with a touch of luxury throughout, this contemporary project offers designer villas for sale in the district of Konyaalti in the city of Antalya and is just five minutes driving distance away from top blue flag beaches and amenities.
Antalya
Beautiful villas in Yalova found within a project that has recently been completed to a high standard all within one hour distance away from Istanbul. A modern complex with beautifully designed houses and a range of high quality facilities on site for residents.
Yalova
Surrounded by nature and greenery, this spacious villa offers a private lifestyle for those looking to escape from it all in Turkey – this charming house is situated in Dosemealti and is only 15 minutes drive from Antalya city centre.
Antalya
A serious investment opportunity has arisen in Istanbul with these luxurious apartments offering hotel services to make them stand out from the rest in the city as some of the best options currently available and ripe for purchasing today with beautiful views out to the Bosporus Sea.
Istanbul
High quality family home for sale in Zekeriyakoy area of Istanbul, suitable for those wanting to live in the city on a permanent basis with their children – this villa has its own green garden and swimming pool to enjoy.
Istanbul
Just a few minutes away from the seafront, this outstanding property is perfect for those wanting to live in Fethiye on a year round basis with their children and enjoy central amenities within close proximity.
Fethiye
This must see commercial shop is found along Bagdat Avenue in Istanbul and is one of the best investment opportunities you will find in Istanbul – providing a healthy rental income of more than 50,000TL per month.
Istanbul
Built to luxury standards by a top developer, these Cengelkoy properties are located on the Anatolian side of Istanbul in Uskudar and are just 800 metres away from the seaside with spectacular views across the Bosphorus.
Istanbul
Live in the city centre of Istanbul when you buy one of these luxury apartments located within the growing district of Kagithane, just moments away from daily amenities including supermarkets and public transport for commuting.
Istanbul
Winner of Best Mix-Use Project in Istanbul, this development offers a range of homes in sizes from studio apartments up to large four bedroom units for family living in Kucukcekmece, fully complete and ready to move in immediately.
Istanbul
Custom built high quality home in the peaceful area of Selimiye just 200 metres away from the sea and complete with spacious gardens and a private swimming pool. Enjoy magnificent views across Selimiye Bay and mountains.
Marmaris
You do not want to miss out on this once in a lifetime opportunity to invest in the heart of Istanbul just minutes from Sisli with excellent facilities and shopping streets. This is not just a project, but a complete lifestyle overhaul developed by the largest developer in the country.
Istanbul
Just a few minutes away from Bodrum Marina and the town centre, these luxury-designed Smart properties are a must see for family living within the peninsula and form part of a high quality complex that is fully completed.
Bodrum
Built to exceptional standards by a top developer in Fethiye, this tremendous property is for sale in the Hisaronu area of the region and is just a short walk away from shops, restaurants, and public transportation for moving around.
Fethiye
Designed and built to outstanding standards by one of the top developers in Kalkan is this brand new property for sale in Ortaalan area, enjoying sweeping vistas out towards the sea and town below from all rooms inside.
Kalkan
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