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.
Constructed using locally sourced stone, this spectacular family home is found in a residential and peaceful area of Kas and has beautiful sea views stretching endlessly, along with a private pool and garden for relaxing outside.
Kas
Rising in Kartal on the Anatolian side of Istanbul, these fantastic apartments have Title Deeds ready and are suitable for Turkish Citizenship by Investment applications with properties in various types to choose from.
Istanbul
With 5-star views out towards the sea, this desirable project is located just above West Marina in Istanbul and is one of our top tips for investors and those looking to embark on a new life in the city with their family and loved ones.
Istanbul
Metres away from a private beach and full range of social facilities, these luxury residences are for sale in Yalikavak area of Bodrum Peninsula and are suitable for Turkish Citizenship by Investment applications.
Bodrum
One of the best projects that you will find in the Deliktas area of Fethiye, this top quality site offers a range of apartments for sale up to three bedrooms and is just a short distance away from local amenities and necessities.
Fethiye
Residential apartments for sale in the sought after peaceful area of Ispartakule in Istanbul, available up to four bedrooms for all types of buyers – enjoy extensive social facilities including landscaped gardens and so much more.
Istanbul
In the Paspatur area of Fethiye Centre, this is a unique opportunity to purchase an entire building with three separate apartments inside – suitable for those wanting to invest and maximise their potential rental income.
Fethiye
At the seafront with spectacular views, these properties are found in Halic at the Golden Horn in Istanbul and have access to 5-star facilities including an on-site hotel, shopping mall, and a plethora of restaurants and shops.
Istanbul
If you are looking to invest in the centre of Istanbul, this is a wonderful opportunity to purchase an apartment in the sought after area of Kagithane where urban regeneration is uplifting the face of the area as one of our top picks.
Istanbul
Fully furnished and ready for a family to move in immediately, this penthouse-style apartment is located within a popular complex in Bomonti area of Sisli and is highly suitable for Turkish Citizenship by Investment.
Istanbul
Luxury living apartments located just minutes away from Kagithane and Maslak, at the meeting point between the two centres of life in Istanbul – choose from homes ranging from studios up to large four bedroom units for the largest of families.
Istanbul
Constructed to luxury standards throughout, this is one of the most exciting projects to come out of Izmir region of Turkey in recent years and offers properties for sale in sizes ranging up to four bedrooms for families.
Izmir
Do not miss out on this opportunity to invest in these hotel-like residences before they have even gone to market properly. Expect to see huge price increases on these properties before completion at the end of 2017. An opportunity like this doesn't come about too often.
Istanbul
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
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
This is a unique opportunity to purchase two apartments in Kas – suitable for buyers looking to invest with tenants currently in place providing high income. Located in the Cerciler area of Kas, these units have beautiful views out to the sea.
Kas
Built with family living in mind, this contemporary project offers high quality apartments for sale in the Nilufer region of Bursa in Turkey and is surrounded by amenities including schools, hospitals, and green parks.
Bursa
Exceptional vistas are offered from this modern penthouse overlooking the entire coastline and Cleopatra Beach. This home is the complete option for someone looking for a high quality of life in Alanya close to some of the areas most sought out and visited landmarks and spots.
Alanya
This semi-detached villa is nestled within a residential area of Calis and has five bedrooms inside for the largest of families to live together in Turkey. This property is in need of some TLC, hence the bargain price.
Fethiye
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