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.
Penthouse style apartment for sale in the centre of Bodrum, overlooking the sea and castle with fantastic views from private balconies and terraces – this is one of the best properties that you will find in this area of the peninsula.
Bodrum
This lovely Gocek property is the perfect home for someone who loves the water – Gocek is THE place to be in Turkey for sailors and yachters. Sitting in an exclusive development of 130 residences, there are properties ranging from 2 bedroom town houses up to 5 bedroom villas
Gocek
This outstanding home features a water mill of more than 200 years of age that generates free water and electric energy for this fantastic home designed by a renowned architect in the peaceful area of Inlice Village.
Gocek
By owning a home within this spectacular estate, you are guaranteeing yourself a luxury lifestyle with access to a private beach and beach club, a water jetty, and huge impressive swimming pool just to name a few.
Bodrum
Looking out across the sea with a panoramic view, this incredible apartment for sale is found in an elite neighbourhood of Yenikoy in Istanbul and is suitable for those who want to live away from the bustling city centre.
Istanbul
With some of the most impressive sea views imaginable, this spectacular property is for sale within a residential area of Yalikavak in the Bodrum peninsula and forms part of a high quality complex with pool and gardens.
Bodrum
With advantageous prices and remarkable sea views in an excellent position in Istanbul, this project offers a range of affordable homes in a fast growing area ripe for any keen investor to get in today before prices rise considerably come the completion of this marvellous project.
Istanbul
Within 100 metres to a Metro station for those commuting and working in Istanbul are these high quality apartments for sale in Kagithane, forming part of a top complex with on-site shops and social facilities to enjoy.
Istanbul
One of our top investment picks in Istanbul, these exceptional Bomonti, Sisli, modern apartments are just eight minutes away from Taksim and offer buyers the ability to combine one bedroom units to create larger two and three bedroom flats.
Istanbul
Investment opportunity to buy a tenanted shop within a shopping mall in the popular and highly residential area of Gunesli in Istanbul – providing income with thousands of potential visitors entering the mall daily.
Istanbul
Rising in a residential area of Umraniye on the Anatolian side of Istanbul, these spacious apartments are available for sale in various different types and sizes for buyers to choose from – enquire today for details.
Istanbul
Elevated apartments for sale in Camlica area of Uskudar with views heading out towards the Bosphorus Sea and surrounding natural environment – suitable for those wanting to live in Turkey with options available up to six bedrooms.
Istanbul
Selling out quickly, these apartments are nestled within a residential area of Nilufer and form part of a top quality complex with social facilities available – choose from properties in various types and interior sizes.
Bursa
A lovely lakeside bungalow found in Akkaya in Dalaman - the perfect location for those who are seeking a private life in Turkey but within easy distance of neighbouring towns and regions. Local amenities within an easy reachable distance too. A perfect home abroad.
Dalaman
This prime location resale apartment is found in Konyaalti area of Antalya and forms part of a superb complex with shared swimming pool and landscaped gardens for relaxing – this flat is ready to move in today.
Antalya
Fully furnished and ready to move in immediately is this spacious apartment for sale in Konyaalti area of Antalya, just metres from the beach and within walking distances to everything needed on a daily basis in Turkey.
Antalya
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
If you are looking to live in Istanbul with your family, this fully equipped project is perfect and is located on the European side in Beylikduzu, available in sizes up to four bedrooms and featuring an open shopping mall with 113 shops.
Istanbul
With outstanding sea views, this apartment ticks all the boxes for those looking to live besides the beach in the sought after area of Konyaalti in Antalya and forms part of a 5-star complex with a range of on-site social facilities.
Antalya
Continue with Google
