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.
Ready to move in immediately, these completed apartments rise in the Beykent area of Buyukcekmece and have access to a shopping mall within the grounds of the site – providing everything needed on a daily basis.
Istanbul
Inspired by the palaces of Istanbul and the rich culture and stunning architecture, this project brings together some of the best districts in the city to present a stunning re-make of the Bosporus sea in an amazing range of villas and apartments for sale at generous prices.
Istanbul
With Title Deeds ready, these apartments can be used in applications for Citizenship and are located in Kartal on the Anatolian side of Istanbul – just a few minutes away from amenities and transportation options.
Istanbul
Strategically located in central Istanbul, these family-concept apartments are for sale within the residential area of Kagithane and form part of a quality complex equipped with gardens and a playground for children.
Istanbul
These Title Deed ready apartments are found in a residential area of Atasehir in Istanbul and are close to the new International Finance Centre – ideal for investors and those looking to live on the Anatolian side of the city.
Istanbul
Located next to a private beach in Yalikavak, these superb Tilkicik Bay apartments are highly recommended for viewing as one of our top picks in Bodrum for investors and lifestyle buyers seeking the utmost in luxury.
Bodrum
Built to superb standards with family living in Turkey in mind, these contemporary units are for sale in the desired area of Beylikduzu in Istanbul and are just two minutes away from the Marina for those who love sailing.
Istanbul
With the construction of the third bridge, time taken to travel between Yalova and Istanbul will drop to a hugely impressive 20 minutes, making properties here a great purchase for those who are seeking to invest in their future.
Yalova
Within five minutes of the main town centre, this duplex apartment is nestled within a peaceful area of Deliktas on the outskirts of Fethiye and is a must see – surrounded by daily shops, amenities, and things to do.
Fethiye
Overlooking the sea with gorgeous views, this duplex apartment is located in an exclusive area of Kas and is close to daily amenities needed for year round living or spending long summer vacations in Turkey with loved ones.
Kas
This fully furnished duplex apartment has sweeping views of the mountains and forests from a privileged location in Hisaronu area of Fethiye and forms part of a high quality complex with pool and mature gardens.
Fethiye
Forming part of a boutique building with only six properties in total, this spacious apartment is for sale within a central area of Fethiye and is surrounded by a range of amenities and access to public transportation.
Fethiye
Suitable for Turkish Citizenship by Investment, these spacious properties are located in the heart of Istanbul in Eyup area of the city just a short commuting distance for those looking to live and work in Turkey on a permanent basis.
Istanbul
Built to luxury standards from top to bottom is this superb three bedroom apartment for sale in the residential Karsiyaka area of Izmir – close to all amenities including supermarkets, shops, restaurants, and public transportation.
Izmir
One of the most impressive designs we have come across in Alanya is this beautiful estate of luxury homes with picturesque sea views and wonderful setting coupled with great on-site facilities including indoor and outdoor pools, as well as sauna, Turkish bath, gym, and much more.
Alanya
Listed today at pre-launch prices are these exceptional apartments in Bahcesehir, found within a project featuring a shopping avenue and extensive facilities designed for year round living in Istanbul just 20 minutes from the third airport.
Istanbul
Suitable for families looking to live in Istanbul, these Kucukcekmece properties have fantastic views heading out towards the famous Lake and have Title Deeds in place – ideal for Turkish Citizenship by Investment applications.
Istanbul
Ideal for Turkish Passport by Investment applications, this project offers low-rise homes for sale within the peaceful area of Kemerburgaz in Istanbul and has panoramic views heading out towards the surrounding nature.
Istanbul
Nestled within the city centre of Bodrum, this brand new project offers high quality detached villas just three minutes away from Oasis Mall and within a ten minute radius to a plethora of things to do and see in Turkey.
Bodrum
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