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.
Available in sizes ranging up to three bedrooms for buyers and investors to choose from, this is an excellent opportunity to buy in Eyup area of Istanbul and Title Deeds are ready. Contact us for more information.
Istanbul
Built to contemporary standards throughout, this exceptional development offers high quality apartments for sale in the Taksim area of Istanbul and is within a short walking distance to famous monuments and central landmarks.
Istanbul
Outstanding serviced-apartments within a 5-star hotel, forming part of an elite project in Camlica on the Asian side of Istanbul – this is an opportunity that simply cannot be missed, a city within a city with everything in place.
Istanbul
Built to luxury standards by a top developer in Belek, this project offers outstanding villas for sale with their own landscaped gardens and swimming pools – all just moments away from local amenities, beaches, and golf courses.
Belek
Forming part of a luxury-designed project with shared swimming pool and lounge to enjoy, these apartments are for sale in central Besiktas in Istanbul and have views heading out towards the sea and city landscape.
Istanbul
Rising in the city centre of Istanbul, these luxury-designed apartments are found in Besiktas and have fantastic views out towards the Bosphorus Sea – this is a top pick for those looking to live in Turkey permanently.
Istanbul
These modern apartments are ideal for those looking to enjoy an urban lifestyle within the heart of Istanbul and are for sale in Dikilitas area of Besiktas – available in various types ranging up to four bedrooms.
Istanbul
Property Turkey offers the one-off opportunity to invest in luxury Trump Towers apartments in Istanbul Sisli below market value. We have apartments available from 1 - 4 bedroom. Call us + 44 (0) 20 8371 0059 to discuss latest availability and prices.
Istanbul
With four apartments inside, this entire apartment building has been renovated to modern standards throughout and is ready to earn rental income within the popular and sought after area of Fatih in Istanbul.
Istanbul
These green valley homes are surrounded by nature and sea views, and are listed for sale at great prices – anyone looking for their first step onto the real estate market in Turkey would do well to take a look at these residences.
Bursa
Built to luxury standards throughout, this brand new complex is located within a popular area of Belek and is close to golf courses and beaches – ideal for those looking to live or spend long hot summers in Turkey.
Belek
This spacious duplex apartment is nestled within a peaceful area of Calis and is just a short 15 minute walk away from the beach and promenade – ideal for those looking to relocate to Turkey on a permanent basis.
Fethiye
Built to luxury standards throughout, this Belek villa is nestled within a tranquil neighbourhood and is just a few minutes away from beaches and golf courses – for more information about living here, please enquire today.
Belek
Nestled within the historical area of Bayrampasa, these high quality apartments are suitable for buyers who are looking to live in Istanbul permanently and raise their children close to schools, malls, and amenities.
Istanbul
Surrounded by some of the best restaurants, cafes, art galleries, and culture, these Istanbul properties are found right in the central heart of the city in the sought after area of Bomonti, within walking distance to Nisantasi.
Istanbul
Situated in Akarca area of Fethiye, this delightful house has everything in place for year round living in Turkey with a large-sized family and is just a few metres away from the seaside and within ten minutes to all amenities.
Fethiye
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