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 entire apartment building is located within the historical area of Karagumruk in Fatih and is currently tenanted and providing passive income immediately – ideal for Turkish Citizenship by Investment applications.
Istanbul
Two minutes away from West Marina and surrounded by greenery and sea views, these magnificent properties are for sale in Beylikduzu area of Istanbul and are perfect for family living away from the city centre.
Istanbul
At the seafront with gorgeous views and access to a full range of social facilities and on-site areas is this brand new apartment in Konyaalti for sale – this flat would make for a stunning home for all the family to live.
Antalya
With all the luxury details that any five-star hotel would have, this stunning contemporary project offers superb living for anyone looking to make Antalya their new home, and more specifically, the famous beach area of Konyaalti which is found just a stone’s throwing distance away.
Antalya
Looking out towards the Greek Islands and sea, this fantastic project offers a range of flats and villas for sale in multiple different sizes and is suitable for year round living or applying for Turkish Citizenship by Investment.
Bodrum
Offering a private lifestyle in Bodrum, this magnificent villa is found in Yalikavak and has an unobstructed view heading out towards the sea and bay from private balconies and terraces – this is one not to miss out on.
Bodrum
This is an incredible opportunity to own a piece of history in Istanbul when you invest in one of these designer apartments overlooking the sea in Fatih, just moments away from some of the most important landmarks and tourist spots in the city.
Istanbul
Overlooking the Bosporus Sea and Bridge with commanding views stretching endlessly, these luxury designer properties are located in Uskudar on the Asian side of the city and are just minutes away from the European side and city centre.
Istanbul
Tucked away in a natural setting, this Gokbel Village property enjoys sweeping views across the surrounding greenery in Dalyan and is a must see at a bargain price – arrange your visit by calling or contacting us.
Dalyan
This detached villa is nestled in Babatasi area of Fethiye and is just 1.5km away from the famous promenade lined with restaurants and daily shops – suitable for a family that is looking to live in Turkey permanently.
Fethiye
Furnished and ready for owners to move in, this deluxe villa is situated within a peaceful area of Fethiye and is ten minutes away from everything needed – this home has a huge swimming pool and is a must see for families.
Fethiye
Luxury project of high profile apartments for sale in one of the most sought after and desired locations in Istanbul for raising your family. These Tarabya homes are situated in an elegant spot, just 20 minutes away from Taksim.
Istanbul
Designed with eco-friendly technology and constructed with cutting-edge design throughout, these properties are situated right on the sea and have access to a private beach and stunning hotel facilities as part of a luxury 5-star hotel.
Bodrum
With Title Deeds ready, these lake and sea view homes are found in the lovely residential area of Buyukcekmece in Istanbul and are a must see for those wanting to relocate to the city with their families and loved ones.
Istanbul
These suite-style rooms are located within a boutique building in Balat area of Fatih and are just a few minutes away from restaurants and transportation options for moving around the city of Istanbul every day.
Istanbul
Contemporary villas for sale in a residential area of Izmir in Turkey, situated within their own private landscaped gardens boasting infinity swimming pools and exceptional views heading out towards the natural surroundings.
Izmir
Rented by a national Turkish shop, this is a top opportunity to invest in commercial real estate in a sought after area of Gunesli in Istanbul – forming part of a shopping mall visited by thousands of people daily.
Istanbul
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