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.
Listed for sale at bargain prices, these family properties are just seconds away from the Marmaray train for connecting towards the centre of Istanbul – found in an elite area of Bahcesehir with lovely nature and valley views.
Istanbul
Nestled in Tilkicik Bay with access to a private beach and calm water, these beautiful residences and villas are for sale in Yalikavak area of Bodrum and have panoramic views heading out towards the sea.
Bodrum
Overly spacious apartments rising within the residential area of Gunesli in Bagcilar area of Istanbul, nestled close to the Basin Express investment zone and within a five minute radius of three different shopping malls.
Istanbul
Winner of Best Mix-Use Project in Istanbul, this development offers a range of homes in sizes from studio apartments up to large four bedroom units for family living in Kucukcekmece, fully complete and ready to move in immediately.
Istanbul
Located in a central location of Esenyurt are these modern designed apartments designed in an upscale manner for the area, a true standout project pushing the boundaries of design and listed at exceptionally affordable prices today.
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
These bargain apartments are for sale in Fikirtepe on the Anatolian side of the city and are available in multiple types and sizes for buyers – complete with access to a range of social facilities and shared spaces within.
Istanbul
Escape to Fethiye to private settings in Seydikemer with this spacious four bedroom project surrounded by a beautiful pine forest complete with large pool and unique design that will keep the whole family happy in their new life in the Turkish countryside - absolute bliss.
Fethiye
Rising in Atakent with 70% of space dedicated as gardens and green areas, these brand new apartments are suitable for family living in Turkey and are just minutes away from the nearest Metro for daily commuting.
Istanbul
If you’re looking for 5-star luxury in the centre of Istanbul, these Nisantasi properties are an absolute must see and are found in the heart of the city – within walking distance to some of the best restaurants, cafes, and bars around the centre.
Istanbul
Built as a huge city within a city style project, this mammoth development offers residential homes in Istanbul ranging from one – four bedrooms and is perfect for raising a family in Turkey close to everything you could need.
Istanbul
Offered at excellent prices and with payment plans available, these homes are ripe for both lifestyle and investment buyers in Bahcekent, an area undergoing lots of growth and are close to public transport for city commuting.
Istanbul
Completed to excellent standards, this development rises in Bahcelievler and is just 250 metres walking distance away from a Metro station for commuting towards the city centre of Istanbul – the perfect investment.
Istanbul
With Title Deeds ready, these sea view apartments are found in the Beykent area of Istanbul and are close to the E-5 and TEM Highways for commuting and moving towards the city centre for work purposes daily.
Istanbul
In the historical heart of Istanbul, these brand new apartments are located in Taksim just minutes walking distance to Istiklal Caddesi lined with hundreds of boutique stores and everyday amenities for a luxury lifestyle.
Istanbul
One of the most impressive projects that you will find in Uskudar today, these family homes are available up to eight bedrooms in size and are surrounded by beautiful views with a natural grove area just moments away.
Istanbul
Offering properties up to five bedrooms for sale, this project is perfect for the largest of families looking to relocate to the city of Bursa in Turkey – nestled within the residential neighbourhood of Nilufer.
Bursa
One of the most relaxing locations in all of Turkey, Yalova real estate offers thermal spas and escapes for those looking to enjoy perfect nature within driving distance to Istanbul. Stunning apartments at great prices with advantageous payment plans in place.
Yalova
Forming part of a small but charming complex, these bargain priced apartments are found in a residential area of Deliktas close to the main town of Fethiye and can be purchased in sizes ranging from two – three bedrooms.
Fethiye
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