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.
An iconic and simply beautiful building in Istanbul that is set to be the largest constructed in the city once completed in 2016. A remarkable project and opportunity to place yourself high in the sky looking out over the stunning settings in the centre close to Maslak.
Istanbul
Just a short distance away from West Marina, these brand new apartments are some of the best that you will find in this area of Istanbul – contact us to arrange your viewing today; perfect for luxury living in a peaceful area close to the centre.
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
Modern properties for sale in a residential area of Avcilar, close to the seaside and recently completed to excellent standards throughout – these listings are suitable for raising a family away from the frenetic pace of life in Istanbul centre.
Istanbul
Looking out across the sea with panoramic views, these luxury-designed apartments are found in Uskudar on the Anatolian side of Istanbul and form part of a superb development equipped with social facilities.
Istanbul
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
Duplex apartment on the outskirts of Fethiye Town centre, looking out across the green nature and surroundings with fantastic views to be seen – this is a must see for those who are relocating to Turkey with children.
Fethiye
Belview Istanbul listed at affordable prices for a stunning sea view, these brand new apartments are found on the Anatolian side of Istanbul in a residential area and are just minutes away from public transport for those looking to work in the city centre.
Istanbul
Right at the seafront is this majestic boutique project with a range of high class homes in an elite neighbourhood for those seeking something with five-star qualities inside. Ideal for investment and perfect for families looking to move to the city on a permanent basis.
Istanbul
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
Right in the heart of Fethiye Town, this is a unique opportunity to purchase a luxury-designed apartment within one of the most contemporary projects to come out of the region in recent years, this is a must see listing.
Fethiye
This top complex has been equipped with a comprehensive range of social facilities and on-site spaces for residents to use on a daily basis and is found in the sought after area of Esenyurt in Istanbul for sale.
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
Constructed as a new social centre in Bahcesehir, this project boasts an on-site shopping avenue with more than 100 shops for residents to enjoy and is listed today at first call prices for investors to get in before raises in the future.
Istanbul
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
Pick up a large home at a big bargain price when you decide to make this Ovacik villa your next family home in Turkey. Well located close to local amenities and complete with a shared swimming pool and gardens for all the family to lounge in on a daily basis.
Fethiye
This home is situated just by the sea, meaning you can enjoy some of the most scenic and beautiful views out over the water that you could ever imagine. A great price for a home of this ilk, this villa would make an ideal family home for someone looking to enjoy the comforts of Yalikavak.
Bodrum
Pristine apartment within the elite area of Konyaalti in Antalya just metres away from the seafront with a beautiful view across the mountains and sea – this is an excellent investment opportunity or residence for year round living.
Antalya
If you are looking for beachfront living in Antalya, then look no further than this luxurious apartment just metres away from the sea offered completely furnished and ready for you to move in today with your family.
Antalya
Fully furnished and ready to move in is this bargain priced home found in the most picturesque of settings in Kalkan with a beautiful view and exquisite settings. Lavish in the views from the expansive rooftop terrace stretching all the way out to the sea and beyond.
Kalkan
10 minutes away from luxury golf courses, and 10 minutes away from sandy beaches - in terms of location, you won't find a better situated property than this modern offering. Built with large floor to ceiling windows in order to capitalise on natural sunlight and present a perfect aura inside your new home.
Belek
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
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