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.
Stunning villas for a refined lifestyle in Yalikavak within five minutes to the world famous Marina and excellent local facilities and amenities, these properties are gifted private access to a beach and a huge shared infinity pool.
Bodrum
Rising in the residential area of Nilufer within Bursa, these properties are available today at bargain prices not to miss out on – choose from different apartments just minutes away from local shops and necessities.
Bursa
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
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
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
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
Well located within easy distance to the centre of town and local transport facilities is this large residence with a residential setting for year round life in the popular Dalyan region of Turkey. An impressive villa with all the makings of a spectacular setting for you while in this part of the country.
Dalyan
Private detached villa for sale in the heart of Kalkan Old Town, enjoying sweeping views out towards the sea stretching for as far as the eye can see – this is a golden opportunity with high rental potential available for buyers.
Kalkan
Furnished and ready for a new family to move in immediately, this charming detached house is located within Hisaronu area of Fethiye and is a must see for those looking to relocate to Turkey on a permanent basis.
Fethiye
Suitable for year round living in Turkey is this spacious apartment for sale in a residential area of Konyaalti, just three minutes walking distance away from the beach and within close proximity to all daily amenities including shops and supermarkets.
Antalya
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
Beachfront living in Antalya with these modern apartments equipped with all household appliances and high quality furnishings throughout. Highly recommended for someone looking to move to Turkey for great weather, beaches, but who also appreciates city lifestyle in close distances.
Antalya
With several payment plans in place, and a full range of facilities for residents to enjoy, these apartments are some of the finest you will find in Bursa today. Very well priced, pick up one of these units today and reap the rewards as the area continues to develop tomorrow.
Bursa
Completed and ready for buyers to move in immediately, these contemporary apartments are found within a highly desired area of Kepez in Antalya and have access to a plethora of social facilities providing daily things to do.
Antalya
Featuring a shopping mall, 5-star hotel, offices, and residences – this landmark project is a must see for investors and lifestyle buyers in Istanbul, just moments away from public transport for commuting and moving towards the city centre.
Istanbul
Designer homes that are only minutes away from shopping malls and the highway connecting you to the centre of Istanbul; these apartments are ideal for families and we are happy to offer extended payment plans and discount.
Istanbul
Just metres away from a private beach, these spectacular villas form part of a 5-star complex in the peaceful area of Adabuku in Bodrum and have access to a range of facilities including hotel management and rental services.
Bodrum
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