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.
With views heading out towards the sea, these new apartments are for sale in the sought after area of Zeytinburnu in Istanbul and form part of a quality complex featuring a full range of social facilities and amenities.
Istanbul
Enjoy high rental income immediately when you purchase one of these tenanted apartments for sale in Kartal on the Anatolian side of Istanbul – just a few minutes away from necessities and the nearest Metro station.
Istanbul
Listed today at pre-launch prices are these exceptional apartments in Bahcesehir, found within a project featuring a shopping avenue and extensive facilities designed for year round living in Istanbul just 20 minutes from the third airport.
Istanbul
Strategically located to be within 500 metres of the new International Finance Center, these spectacular properties are found in Atasehir on the Anatolian side of Istanbul and are highly recommended for viewing.
Istanbul
Within walking distance to local transport services and grocery stores are these top quality apartments in Alanya for sale within a complete project with excellent facilities for residents including a swimming pool and ample garden space to relax and sunbathe in.
Alanya
Brand new project of apartments in the Nilufer area of Bursa, just a short five minute walking distance away from a Metro for city centre commuting and available for buyers in sizes ranging up to four bedrooms.
Bursa
Minutes away from public transportation and daily amenities, this project offers affordable housing in the central district of Kagithane and is placed within an urban regeneration zone making it suitable for investment.
Istanbul
Built to luxury standards throughout, this deluxe apartment is for sale at the front of the sea in the sought after area of Gocek in Fethiye and has tremendous views and access to shared social facilities including a swimming pool.
Gocek
Overlooking the sea of Marmara is this luxury designed complete project of apartments with all facilities and amenities that you would expect to find in any top quality project in the city today. Well placed for year round living needs in Istanbul with access to a beach and marina close by.
Istanbul
Within minutes to everything needed, these low-rise apartments are perfect for family living within the highly desired area of Buyukcekmece in Istanbul – nestled just 1km away from the nearest beach and seaside.
Istanbul
Title Deed ready and suitable for investment, these contemporary apartments rise in Bagcilar in Istanbul and form part of an excellent complex with a vast range of social facilities and spaces for residents to enjoy.
Istanbul
La Mer Dragos with Title Deeds ready, these apartments are perfect for Turkish Citizenship applications and are found within a sought after area of Dragos in Maltepe on the Anatolian side of Istanbul – enquire today for more information.
Istanbul
Located in a residential area of Izmir, these excellent properties are suitable for year round living in Turkey and come highly recommended for viewing at the earliest opportunity – situated just minutes away from all daily amenities and local shops.
Izmir
Just a few minutes away from Basin Express Media Highway, this is a top quality project of apartments fully equipped with on-site shops, supermarkets, pools, and much more for residents to indulge in a luxury lifestyle in Istanbul.
Istanbul
A three bedroom holiday home at this price? This has to be considered a prime bargain and a superb find in the Alanya region of Turkey close to a sandy beach. Completely furnished and ready to move in this summer, this unit will not last very long on the market.
Alanya
Designed to top quality standards are these 5-star properties for sale in the Kargicak area of Alanya just 1.3km away from a sandy beach and ticking all the boxes for use as either a holiday home abroad or permanent residence.
Alanya
With high rental prospects, a part furnished interior, and high quality complex close to the beach and shops – this is an excellent property in Alanya and one that comes highly recommended for viewing; this won’t be on the market for long.
Alanya
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