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.
Completely furnished and ready for owners to move, this semi-detached villa is located in the desirable area of Koycegiz and is just minutes away from the lake for daily walks – found within a mature garden for a quiet life.
Koycegiz
In a prime area of Antalya, this Konyaalti duplex apartment is ready to move in immediately and has been kept in excellent condition throughout – suitable for buyers looking to obtain Turkish Citizenship by Investment.
Antalya
Tucked away in the peaceful area of Cekmekoy with fantastic green and nature views is this detached family villa with large private garden and access to social facilities including a pool and playground for children to enjoy.
Istanbul
Nestled in a residential area of Ovacik, this charming detached villa has its own private swimming pool and is completely furnished and decorated – ready for a new family to move in immediately after the purchase.
Fethiye
Overlooking the sea with incredible views, this seafront apartment is located in a residential area of Konyaalti in Antalya and is highly recommended for viewing, ready to move in immediately just three minutes away from the beach.
Antalya
Brand new modern apartments for sale in Gokturk area of Kemerburgaz, overlooking Belgrad Forest with fantastic wide panoramic views and fully completed for buyers to move in as soon as the purchase process is finalised.
Istanbul
Relocate to Turkey when you purchase one of these bargain priced apartments for sale in a desired and residential area of Kepez in Antalya, forming part of a quality complex with an abundance of facilities within.
Antalya
Completed and ready to move in, this luxury-designed apartment is found in the desired area of Seyrantepe and forms part of an elite complex with access to a full range of social facilities and on-site spaces for residents.
Istanbul
Available in multiple types and sizes, these fantastic properties are for sale in the residential area of Hurma in Konyaalti area of Antalya – located just a few minutes away from a public beach and transportation options.
Antalya
Completely furnished and ready to move in immediately, this charming apartment is found in the residential area of Konyaalti within the city of Antalya and is just a short drive away from the beach for relaxing at the seaside.
Antalya
Built to exceptional standards by a sought after developer in Antalya, these spacious homes are for sale in the residential area of Konyaalti and have access to a range of on-site facilities including a swimming pool and gardens.
Antalya
Right in the heart of Istanbul city centre, this beautiful house is for sale in Levent and has its own private landscaped garden and parking spaces for up to three vehicles at once. Homes of this quality are rare to market.
Istanbul
An incredible opportunity to purchase multiple villas at a discounted rate in the peaceful area of Islamlar in Kalkan – high rental income and potential to operate as a boutique hotel makes this the ideal buy to let investment in Turkey.
Kalkan
Muratpasa apartment for sale at a bargain price and located within an excellent complex designed for family living close to the centre of Antalya, this is a listing for someone relocating to Turkey in the near future with children.
Antalya
One of the top picks currently available in Antalya, this 5-star development offers all the amenities usually found within any town centre around the world and properties are available today with advantageous payment plans to choose from.
Antalya
In the centre of Beylikduzu, this plot of land has a zoning permit in place for building up to eight floors for someone looking to build an apartment block in a highly sought after area for young families and city professionals.
Istanbul
Close to the antique Pedasa City in Konacik, this huge plot of land has ample room to build a dream home in the Bodrum peninsula of Turkey and is just a few minutes driving distance away from amenities and necessities.
Bodrum
Located within a stones throw of a local bus route that takes you into Dalyan town centre, this three bedroom villa is perfect for a small family to live in permanently, or to be used as a lovely holiday home. The quiet residential area will make you feel at ease.
Dalyan
Situated within a huge plot guaranteeing a private lifestyle in Turkey, this spacious Kas villa is found in Gokseki and has a lovely view out towards the sea – available today at a bargain price, do not miss out on this opportunity.
Kas
Situated within its own private landscaped garden with beautiful swimming pool to enjoy on a daily basis is this charming villa for sale in Gocek area of Turkey – just 20 minutes away from Dalaman International Airport for flights.
Gocek
50 metres away from a Tram station for commuting and moving around the city of Istanbul, these Title Deed ready apartment rise in Eyup on the European side and are suitable for those relocating with a young family.
Istanbul
Situated in a family friendly spot of Beylikduzu currently undergoing development, these overly spacious homes are well priced and come with advantageous payment plans for those looking to spread payments.
Istanbul
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