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.
Luxury homes found in a historic setting on the Asian side of the city, yet just minutes away from the centre of Istanbul via a Bosporus Bridge. These are immaculate properties designed using state of the art technology.
Istanbul
Panoramic sea view apartments for sale on the Anatolian side of Istanbul, found in Kartal just moments away from public transportation for moving around and commuting – these homes can be purchased in sizes up to four bedrooms.
Istanbul
Pre-approved for Turkish Citizenship by Investment are these designer apartments for sale in the prestigious area of Mecidiyekoy in the very heart of Istanbul just moments away from landmark areas and tourist hotspots.
Istanbul
Located in the city centre of Istanbul in the sought after area of Bomonti, these properties are available today in sizes ranging from one – four bedrooms and are just a short five minutes away from Taksim Square making them a must see.
Istanbul
Surrounded by forests and nature at every turn, this spectacular project offers marvellous homes for sale on the coast of Riva in Beykoz and are available in sizes ranging from two – six bedrooms with multiple types.
Istanbul
Completed ready to move in, this spacious property is located in Marmaris and forms part of a residential complex with access to a shared swimming pool, all just minutes away from local amenities and daily necessities for life.
Marmaris
Constructed to quality standards throughout, this private villa is found in Dosemealti area of Antalya and has its own private swimming pool and landscaped garden – suitable for those moving to Turkey with families.
Antalya
Built to exceptional standards, these sea and mountain view villas are found in the sought after area of Kargicak in Alanya and have private swimming pools and landscaped gardens for relaxing and spending time outside.
Alanya
This villa is home to absolute incredible views over the Bay and surrounding area. Located in a prime location, right on the sea front, the villa comes fully furnished in a tasteful and respectful manner, making your moving into your home in Turkey all the more easier.
Kalkan
Designed and built to luxury standards from top to bottom, this contemporary detached villa is found in the heart of Hisaronu village centre just minutes away from everything needed and has its own private pool and landscaped garden.
Fethiye
Four bedroom detached house for sale in Turkey, located in a peaceful area within walking distance to the centre of Hisaronu where you will find an abundance of local cafes, shops, international restaurants, and daily necessities.
Fethiye
Directly at the seafront with access to the water, this stunning property is found in a private area of Kas and is fully furnished for sale – ready for buyers to move in and enjoy some of the best daily sunsets from a large terrace.
Kas
Built for families, this exciting project is nestled within the distinguished neighbourhood of Florya in Bakirkoy and is close to everything needed – offering apartments for sale in various types and sizes within.
Istanbul
Built to luxury standards and just 300 metres away from Yalikavak Marina and the seaside, this spectacular villa is nestled within a residential area and has its own private landscaped garden and swimming pool.
Bodrum
Fully completed and ready to move in, these Goztepe Kadikoy apartments are situated in the Asian side of Istanbul and are perfect for those looking to live and commute towards the city centre European side within a matter of moments.
Istanbul
Affordably priced, this resale villa is nestled within a residential area of Izmir in Turkey and is perfect for families and those relocating to Turkey permanently – complete with its own mature garden and parking.
Izmir
Nestled in Gumusluk, this furnished duplex villa with stunning sea views and daily sunsets is part of a well-maintained 13-home complex, featuring a communal pool, gardens, and more, making it an ideal permanent residence in Turkey.
Bodrum
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