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.
Choose from properties in various types and sizes when you purchase one of these modern apartments for sale in the Nilufer region of Bursa – suitable for families that are looking to live in Turkey on a permanent basis.
Bursa
These top quality homes are available in the Buyukcekmece area of Istanbul and are situated just 100 metres away from the seaside with full panoramic views. Buyers can choose from units in sizes up to seven bedrooms.
Istanbul
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
Istanbul
Enjoy a huge discount applied to this villa and buy today – contact us to arrange your viewing of this tremendous family house close to the centre of Yalikavak, enjoying a wonderful view out towards the sea and Palmarina.
Bodrum
Located in Yamanevler on the Anatolian side of Istanbul, these modern apartments are available in sizes up to four bedrooms inside and are suitable for buyers who want to obtain Turkish Citizenship by Investment.
Istanbul
Fully completed and ready to move in today, these spacious family apartments are located in Avcilar and are available today with different floor plans for buyers to choose from – these listings are pre-approved for Turkish Citizenship by investment.
Istanbul
If you’re looking for 5-star luxury in the centre of Istanbul, these Nisantasi properties are an absolute must see and are found in the heart of the city – within walking distance to some of the best restaurants, cafes, and bars around the centre.
Istanbul
Overlooking the surrounding mountains and distant sea with superb views, this project offers Antalya apartments for sale in sizes ranging up to three bedrooms in size – perfect for small and large families looking to move to Turkey.
Antalya
Title Deed ready residences for sale in Maltepe area of Istanbul, looking out towards the Marmara Sea and surroundings with stunning views – this project offers homes up to five bedrooms for buyers to choose from.
Istanbul
Extravagance personified in this luxury project literally at the beachfront in Turkbuku complete with an on-site hotel and rental guarantee and complete management services for any investor who purchases one of these apartments.
Bodrum
Located within a top complex in the desired area of Zekeriyakoy within the district of Sariyer is this charming quality property for sale at a great price – this home is ideal for those wanting to live in Turkey with a family.
Istanbul
Offering new apartments at affordable prices, this new contemporary project is found in the residential area of Nilufer in Bursa and is a must see for those wanting to live in the city within close proximity to everything.
Bursa
Suitable for year round living in Izmir, these new apartments can be purchased in sizes ranging up to three bedrooms and have delightful sea views – all just moments away from public transport and daily lifestyle amenities.
Izmir
Just moments away from the seafront with tremendous views, these spacious properties are located in a highly residential area of Beylikduzu and are available in sizes ranging from two – five bedrooms for family living in Turkey.
Istanbul
These large and spacious penthouse apartments are designed to impress, and impress they certainly do. The main central selling point is the huge swimming pool right in the middle of the complex. They are sold as part furnished to make your move to Turkey smooth and easy.
Side
Ideally located for those wanting to be at home with nature, surrounded by green views and Taurus Mountain views is this luxury complex found in Side offering several apartments for sale at affordable prices and stylish both inside and outside. Highly recommended.
Side
Bargain priced family home for sale in a residential area of Yalikavak within ten minutes walking distance to the famous Marina and close to daily necessities including some of the best restaurants and supermarkets in the region.
Bodrum
Priced to sell quickly, this apartment enjoys sweeping views from private balconies and is tucked away in a residential area of Kas – it would make for a smart investment for those looking for rental income in Turkey.
Kas
This stunning apartment is listed for sale at a great price for someone seeking a year round home in a coveted location in the sophisticated Kalkan region of Turkey. Take in the amazing sea view and enjoy three large bedrooms and a fully furnished home today.
Kalkan
Choose from two or three bedroom units for sale at off plan prices today with a completion date set for May 2015. Great complex facilities make these ideal for luxury vacations summer after summer. Peer down over Kalkan on a daily basis with one of these fully furnished units.
Kalkan
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