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.
Excellent duplex apartment in Lara, Antalya, just a short walking distance away from the nearest sea and sandy beach area, leaving you with no excuse but to head to the water on a daily basis for an afternoon of fun with the family.
Antalya
Testament to the quality of Antalya real estate today is this fully equipped luxury project located right at the seafront with one of the most popular beaches in walking distance. The bathrooms are fitted with Jacuzzi bathtubs, and each home enjoys a spectacular view out to the sea.
Antalya
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
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
Nestled within a residential area of Fethiye Town, this centrally located apartment is on the market today at a bargain price not to miss out on and is just a few minutes away from the famous Harbour and promenade.
Fethiye
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
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
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
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
These units are now completed, and life has started – please call or contact us for details about buying one of these apartments in Zeytinburnu area of Istanbul, just a short walk away from the nearest Metro station.
Istanbul
Metres away from the famous Konyaalti beaches and Bogacay River project, this duplex apartment is completely furnished and ready to move in – enquire today as this one is not going to be for sale much longer.
Antalya
Forming part of a luxury complex in Antalya, this Konyaalti apartment is situated on the ground floor and is ideal for year round living in Turkey with easy access to and from the unit. Do not miss this one.
Antalya
Minutes away from Sabiha Gokcen Airport and surrounded by amenities and transportation options, this project is a must see in Pendik on the Anatolian side of Istanbul and offers homes for sale in various types and sizes.
Istanbul
With 111 on-site stores and commercial units, coupled with an extensive range of social and communal facilities, these properties are a must see in Buyukcekmece and are situated just minutes away from the sea with endless panoramic views.
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
Looking out across the lush greenery and surrounding mountains, this beautiful detached villa is for sale in the peaceful area of Uzumlu in Fethiye and has its own private landscaped garden and swimming pool outside.
Fethiye
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
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
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