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.
These exciting Crown of Bomonti properties have exceptional views heading out across the Bosphorus Sea and city centre of Istanbul from one of the most sought after developments to come out of Turkey in recent years.
Istanbul
These 5-star properties are located at the beachfront in Turkbuku and provide access to a sandy beach and wealth of on-site social communal areas for a luxury lifestyle in Turkey – choose from apartments and villas available.
Bodrum
Belview Istanbul listed at affordable prices for a stunning sea view, these brand new apartments are found on the Anatolian side of Istanbul in a residential area and are just minutes away from public transport for those looking to work in the city centre.
Istanbul
Pick up a bargain priced apartment in Bahcesehir when you purchase one of these high quality residences within a spectacular and fully equipped project – set within green gardens, buyers can choose from homes ranging from one – four bedrooms.
Istanbul
Minutes away from shops and the nearest beach area, this fantastic villa is for sale in Calis area of Fethiye and has four bedrooms inside for a family to live together in Turkey – act fast as this is the last one available.
Fethiye
Prime located apartments for sale in the district of Konyaalti in Antalya, situated just a few metres walking distance from the sea and beaches – these are some of the best homes that you will find in the entire city today.
Antalya
These unique properties are located next to Beykoz Forest in Istanbul and enjoy sweeping views heading out towards the green natural surroundings – ideal for families looking to live away from the busy city centre.
Istanbul
Designed to reflect the mood and tastes of residents, there are so many different moods to choose from when selecting which property you would like to purchase in this superb modern project in the city. From a New York mood to a Paris mood, we have you covered with this one.
Istanbul
Looking out towards the sea with a peaceful view, this resale apartment in Izmir is found in the residential neighbourhood of Karsiyaka and is suitable for buyers looking to obtain Turkish Citizenship by real estate investment.
Izmir
Built to luxury standards, these new villas are located in the Kargicak district of Alanya and have beautiful views out across the surroundings – ideal for those with children who are looking to make a permanent move.
Alanya
Opposite Vadi Istanbul shopping mall, prime location real estate at excellent investor prices. Luxury homes in central Istanbul Maslak 1 to 4 bedrooms with options available to buyers. Best location, Avantgarde design, superior quality.
Istanbul
In the heart of Yalikavak centre, these beautiful stone-built bungalow-style villas have their own private landscaped gardens and swimming pools – all just one minute driving distance from the famous Marina.
Bodrum
This is a unique opportunity to purchase a luxury designed high quality apartment within the new financial centre area of Istanbul, Atasehir – just moments away from public transport for those looking to move around the city.
Istanbul
On the outskirts of Istanbul, these Sile villas for sale have been built to luxury standards throughout and have access to a shared pool and gardens – suitable for families wanting to live a tranquil lifestyle.
Istanbul
This project has been equipped with a range of social facilities and shared spaces for those who are looking to relocate to Bursa with their loved ones on a permanent basis – rising in the fast-growing area of Nilufer.
Bursa
Tucked away in the peaceful area of Tarabya, these designer apartments are just 30 minutes driving distance away from Sisli and Taksim for those looking to live in Istanbul permanently and commute to the centre for work purposes.
Istanbul
With access to a private beach just metres away, this is a tremendous complex and one of the most sought after in the Yalikavak region of Bodrum – offering villas and apartments for sale at excellent prices for buyers to choose from.
Bodrum
Find luxury apartments in Bahcesehir in Istanbul, just five minutes walking distance from a Metro station stop coming in 2018, making this project ripe for investment today – choose from units measuring up to three bedrooms.
Istanbul
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
Situated at the top of the peninsula with some of the best sunsets and views out towards the sea is this striking fully furnished villa in Kas – ideal for those looking to live in a peaceful area within easy driving to the town centre.
Kas
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