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.
These Title Deed ready apartments are nestled within a central area of Sisli in Istanbul and are suitable for Turkish Citizenship by Investment applications – located directly above the E-5 Highway for daily commuting.
Istanbul
Located directly in the centre of Fethiye, this spacious apartment has everything in place for living in the town just a short walk from the harbour and sea where you will find numerous restaurants and things to do daily.
Fethiye
Located just five minutes away from Bodrum Marina and Castle, these stone built villas are a rare find and do not come to the market very often – for more information, please enquire to speak with our local advisors.
Bodrum
Overlooking the stunning Cekmekoy Forest with views that are out of this world, this project is an absolute must see on the Asian side of Istanbul and offers you the opportunity to raise your children surrounded by nature and clean air.
Istanbul
These modern apartments form part of an excellent complex designed for family living in the stunning city of Izmir. Available from two – four bedrooms and fully equipped with social facilities meaning you will never be bored of life here.
Izmir
These residential apartments are perfect for family living in Gurpinar area of Beylikduzu and form part of a high quality complex equipped with facilities – just a few minutes away from daily amenities and transport.
Istanbul
This reverse duplex apartment is for sale within the prestigious area of Gocek in Turkey and is just 2-3 minutes driving distance away from the sea and nearest Marina – on the market as completely furnished and ready.
Gocek
This project is offered at pre-launch prices and will enjoy more than 50% price growth from now until the state completion date – making this an investment opportunity that you simply cannot miss, one of our favourites.
Istanbul
Surrounded by lush forests and nature, these contemporary properties are for sale within a peaceful and residential area of Sariyer in Istanbul – just five minutes away from schools, amenities, and public transportation.
Istanbul
This is a unique opportunity to buy a beautiful home in the city centre of Istanbul in Bomonti with panoramic views heading out towards the city skyline or the Bosphorus Sea depending on location within your apartment.
Istanbul
For sale with Title Deeds ready, these brand new apartments are located in Eyup and are within walking distance to a Metro Underground for those commuting to the centre – ideal residences for citizenship by investment.
Istanbul
Built to amazing standards throughout, this incredible project has its own private beach and an Alacati-style shopping street lined with things to do in Ankara – this is a unique opportunity to live a life of luxury in Turkey.
Ankara
An opportunity not to miss out on – these affordable apartments are found in the city centre of Istanbul in the thriving and developing area of Bomonti, just a few minutes away from Taksim Square in one direction or Nisantasi in the other.
Istanbul
Close to everything needed on a daily basis, this exciting development offers apartments and villas for sale in Gokturk and is a must see for those with children and those relocating to Turkey permanently.
Istanbul
Set to be the tallest building in Istanbul once completed, this is a unique opportunity to invest in a central apartment designed to 5-star standards – these properties are found in Maslak and enjoy stunning city landscape and skyline views.
Istanbul
This is an exciting opportunity to purchase a coffee shop in Gunesli area of Istanbul, providing the buyer with a healthy rental income stream for years to come – call or contact us today for more details and to arrange a visit.
Istanbul
Apply for a Turkish Passport after purchasing one of these fantastic apartments for sale within the central district of Kagithane in Istanbul – fully completed and ready for buyers to move in immediately after purchasing.
Istanbul
Rising in the peaceful area of Nilufer in Bursa, these charming apartments are on the market at affordable prices and have spacious bedrooms inside – providing space for families to live together comfortably with nature views.
Bursa
Located just five minutes walking distance away from the town centre of Fethiye, this Tuzla apartment is available today at an excellent price not to miss and has two bedrooms inside for up to four people to live.
Fethiye
Looking out towards the sea with stunning views from attached balconies and terraces, these luxury-designed apartments are for sale in Yalikavak area of Bodrum and can be purchased in sizes ranging up to three bedrooms.
Bodrum
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