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 is a commercial property not to miss – this listing is built across two floors and has been operated as a national bank for numerous years. It is located in a residential area of Istanbul and is suitable for citizenship.
Istanbul
Priced to sell quickly, these bargain apartments are located in central Istanbul in the sought after area of Kagithane and are available up to three bedrooms in size for buyers to choose from – this is a must see development.
Istanbul
Minutes away from a Metrobus for daily commuting and driving around the city, this quality complex offers apartments for sale in Beylikduzu and comes highly recommended for viewing as one of our top picks in the district.
Istanbul
Offered today at great prices with payment plans available, these two and three bedroom apartments are located in a residential area of Izmir and are suitable for those relocating with children to make a new life in Turkey’s third largest city.
Izmir
Built to incredible standards, this luxury villa for sale can be customised internally to the tastes of the buyer and is located in residential Belek just three minutes away from some of the best golf courses in the entire region.
Belek
Spacious apartments for sale in a quiet residential area of Kemer, located just 2km away from the nearest sandy beach for days out with loved ones – these high quality apartments can be purchased in sizes up to three bedrooms.
Kemer
This franchise shop is located in Beylikduzu area of Istanbul and is occupied and rented on a long term basis by a successful hair salon – available for investment today for those seeking high income immediately.
Istanbul
Suitable for year round living in a residential area of Istanbul, these Beylikduzu properties are available in sizes ranging up to five bedrooms for buyers to choose from and form part of an excellent complex equipped with facilities.
Istanbul
This is a unique opportunity to purchase an entire building for sale in the city centre of Antalya – just minutes away from daily shops and all necessities with a tram station located directly outside for centre commuting.
Antalya
Providing a healthy rental income for the current owner, this organic bazaar is a superb investment in commercial property in Istanbul and is situated along a busy high street close to other shops and transportation.
Istanbul
Complete with access to a private beach for residents and an array of facilities on-site, these four bedroom villas are found in Kargicak area of Alanya, and are suitable for year round living in Turkey with all your family members.
Alanya
Built to exceptional standards from top to bottom, this charming villa is found in a residential area of Ovacik with beautiful views across mountains and nature – situated within its own private plot with large swimming pool.
Fethiye
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
High quality detached villa for sale in Alanya with beautiful views across the hillside stretching towards the sea for as long as the eye can see – this fantastic home has its own private swimming pool and lovely garden area.
Alanya
Stunning property for sale in a residential area of Kalkan, looking down towards the sea with a stunning panoramic view stretching for as far as the eye can see – this is one of the most impressive homes that you will find in this area of Kalkan today.
Kalkan
Constructed to excellent standards by a top developer in Antalya, these fantastic Belek villas are perfect for year round living in a desired part of Turkey, and have their own landscaped gardens and swimming pools for relaxing.
Belek
Built to luxury standards from top to bottom, these beautiful apartments are for sale in Kadikoy on the Anatolian side of Istanbul in Turkey and are just a few minutes away from Bagdat Caddesi full of things to do and see.
Istanbul
Branded coffee shop for sale in the centre of Beylikduzu area of Istanbul, just minutes away from the E-5 for commuting and moving around – this is an excellent investment close to other local shops and transportation.
Istanbul
Within 100 metres to a beautiful sandy beach and bazaar to soak the days away, this brand new project is found close to the banana plantations of Kargicak and offers a range of apartments in sizes up to four bedrooms.
Alanya
These top quality homes are available in the Buyukcekmece area of Istanbul and are situated just 100 metres away from the seaside with full panoramic views. Buyers can choose from units in sizes up to seven bedrooms.
Istanbul
Available for buyers as villas or apartments, these spectacular properties are for sale in Bodrum and have access to a private sandy beach within easy walking distance – for more information, please contact us today.
Bodrum
Located in the sought after area of Atakoy in Istanbul, these spacious apartments have been fully completed and are ready to move in, just moments away from public transportation for commuting and moving towards the city centre.
Istanbul
An ideal escape from life in the city centre of Istanbul, this Gurpinar villa is found in the peaceful area of Beylikduzu and overlooks the sea with tremendous views from a large terrace and vast garden guaranteeing privacy.
Istanbul
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