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.
Furnished and ready immediately, this stone built villa in Kas enjoys sweeping views heading out towards the Greek Island of Meis and surroundings – this is one of our top picks for families who want to relocate to Turkey permanently.
Kas
Large sized family apartments for sale in the city centre of Istanbul at great prices today – suitable for both investors and lifestyle buyers looking to live within close proximity to a wide variety of facilities and daily amenities.
Istanbul
Built to luxury standards throughout, this excellent apartment is located in Kadikoy area of Istanbul and is moments away from Bagdat Avenue, where hundreds of international brands, shops, and daily amenities await.
Istanbul
Ready to move in today, this fully furnished villa is nestled within a private area of Ovacik and has its own heated outdoor swimming pool to enjoy – just a few minutes away from amenities and public transportation.
Fethiye
Invest in one of these fantastic properties in Moda area of Kadikoy, offering huge rental potential for those looking to invest in Istanbul and just a short walk away from amenities and public transportation options.
Istanbul
Enjoy panoramic views out towards West Marina and a gorgeous daily sunset when you invest in one of these luxury apartments in Beylikduzu forming part of a 5-star project fully equipped with social facilities and daily amenities.
Istanbul
Overlooking a surrounding of mountains and nature, this peaceful house is found in a delightful complex with swimming pool and gardens, listed for sale today at a bargain price ensuring that this won’t be available for much longer.
Dalyan
Minutes away from daily necessities and public transportation, these fully completed apartments are for sale in the residential area of Kartal on the Anatolian side of Istanbul and have fantastic views of the sea.
Istanbul
Constructed to luxury standards throughout, this elite project is found on the Anatolian side of Istanbul in the residential area of Cengelkoy and offers apartments for sale in various different types for buyers to choose from.
Istanbul
Built to luxury standards throughout, this project offers superb apartments and penthouses for sale within the residential area of Alsancak in Izmir and has panoramic views heading out towards the sea and surroundings.
Izmir
Ready for buyers to move in, these completed apartments are located in Zeytinburnu area of Istanbul and are for sale at excellent prices – situated just 200 metres away from the nearest Metro for city centre commuting.
Istanbul
Built to luxury standards throughout, this triplex villa has its own private landscaped garden and spacious swimming pool for relaxing outside – all just a few minutes away from the world famous Blue Lagoon at Oludeniz Beach.
Fethiye
Investing in one of these properties ensures you are not just investing in a home, but also in the future of a bustling district in a fast growing city. You will find everything you could possibly need at your fingertips or even closer, making these homes ideal for living in Turkey.
Istanbul
Nestled within the residential area of Tuzla in Fethiye, this duplex apartment is on the market today as completely furnished and ready to move in – just a short walking distance away from the famous promenade and amenities.
Fethiye
Designed and built for family living in a residential area of Beylikduzu in Istanbul, these properties are for sale at bargain prices today and have access to 130 on-site shops and commercial units leaving you with no reason for leaving the grounds.
Istanbul
Recently renovated throughout into a wonderful family home, this spacious property is tucked away in a rural location in Metinler area of Dalyan and enjoys striking views across a backdrop of mountains and surrounding agricultural land.
Dalyan
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