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.
Within walking distance to Taksim Square are these outstanding luxury apartments available in sizes ranging from one – three bedrooms and complete with access to 20 commercial stores, offices, and other social facilities.
Istanbul
5-star sea view residences for sale in Yalikavak with access to a beautiful private beach and wonderful setting just five minutes away from the Marina – these homes cater towards those looking to achieve a luxury lifestyle in Turkey.
Bodrum
Bargain apartments for sale in Maltepe, offering properties of up to three bedrooms within an Urban Regeneration area of Istanbul. Conveniently close to amenities and transportation, with Title Deeds now ready.
Istanbul
On the market today at an excellent price not to miss, this duplex villa is nestled in Ovacik area of Fethiye and has beautiful mountain views – ready for a family to move in as soon as the purchase is finalised.
Fethiye
These boutique apartments are for sale in central Besiktas in Istanbul and are just a short walking distance away from daily amenities and necessities – ideal for those looking to live in Turkey with children.
Istanbul
Priced to sell quickly, these affordable and completed apartments are located within a central area of Izmir in the sought after Karsiyaka neighbourhood and are available to purchase in various different types and sizes.
Izmir
This commercial property is a fantastic shop for sale within a busy shopping mall in the Eyup area of Istanbul in Turkey – rented on a long term contract and close to public transport, what more could you want?
Istanbul
This is an exciting opportunity to enjoy resort-style living within a lovely area of Istanbul – these properties are found in Sancaktepe on the Anatolian side of the city and are within close proximity to a Metro Line.
Istanbul
Located just 50 metres away from a subway station, these excellent apartments are found in Esenyurt area of Istanbul and are suitable for families wanting to live in the city with flats for sale up to four bedrooms inside.
Istanbul
Priced to sell, this bargain project offers superb apartments for sale on the Anatolian side of Istanbul in the highly residential area of Fikirtepe – a few minutes away from Kadikoy where numerous restaurants and shops are found.
Istanbul
Just five minutes away from the world famous Bagdat Avenue is this world class project of apartments ranging from one – five bedrooms in size, meaning there is something for all budgets and family sizes here.
Istanbul
One of our top picks for those looking to buy commercial properties in Istanbul, this Sariyer unit has a long term tenant in place and contract guaranteeing rental income for many years still to come.
Istanbul
One of our top picks in the Dalyan area of Turkey, this charming four bedroom house enjoys tremendous views out across the surrounding mountains and is just a 15 minute stroll in the sun away from the town centre full of life.
Dalyan
Built to modern standards throughout, this brand new project is for sale in Zeytinburnu area of Istanbul and offers apartments in various sizes and types to purchase – all just minutes away from amenities and transport.
Istanbul
Suitable for family living in the heart of Istanbul, these affordable properties are for sale in the central area of Bomonti within the Sisli district and enjoy access to a range of on-site facilities and social spaces including an equipped gym.
Istanbul
Designed to perfection and built by one of the top reputable developers in Bursa, these homes are available in sizes ranging from two – six bedrooms and represent one of the best lifestyle and investment opportunities in the city.
Bursa
Full lake and Marmara sea view high quality apartments for sale in Istanbul recently completed, turnkey with payment plans up to 24 months low deposit. Located near Ataturk airport, Atakoy Marina and Kucukcekmece Lake in Istanbul.
Istanbul
Luxury apartments found in the supreme area of Zeytinburnu in Istanbul, a perfect location found just 10 minutes from Ataturk International Airport and also just 10 minutes from the city centre, ideal for those conducting business in the city centre.
Istanbul
These Pendik apartments have tremendous views heading out towards the Marmara Sea on one side and Aydos Forest on the other side – suitable for buyers looking to live in a peaceful area of Istanbul at an affordable price.
Istanbul
One minute walking distance away from the nearest Metro station, this high quality apartment is for sale in Kadikoy on the Anatolian side of Istanbul and has access to a full range of social and shared facilities.
Istanbul
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