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.
You do not want to miss out on this once in a lifetime opportunity to invest in the heart of Istanbul just minutes from Sisli with excellent facilities and shopping streets. This is not just a project, but a complete lifestyle overhaul developed by the largest developer in the country.
Istanbul
Holiday apartment nestled within a peaceful area of Side in Antalya – this property is on the market today as completely furnished and decorated, suitable for those looking to spend long summer vacations in Turkey.
Side
2019 will see the opening of a new Metro Underground station just metres away from this project in the very centre of Esenyurt, perfect for those looking to invest in Istanbul with prices set to rise considerably upon completion.
Istanbul
Crafted with family living in mind, these spacious apartments range from two – four bedrooms in size and are centrally located in Kagithane, ideal for working and commuting to areas including Taksim and Besiktas both within a 10km radius.
Istanbul
Situated on the European side of Istanbul in Halkali, this comprehensive project is fully equipped with extensive social and commercial facilities for residents, and offers homes ranging from one – four bedrooms available.
Istanbul
Forming part of an extensive project with full facilities, these high quality apartments are for sale in Kartal on the Anatolian side of Istanbul and are highly recommended for viewing – units are selling out quickly.
Istanbul
Overlooking the sea with lovely views, this project offers high quality apartments for sale in sizes ranging from one – three bedrooms in Esenyurt, and is just minutes away from Ataturk Airport with an abundance of investment value.
Istanbul
Fully completed and ready to move in immediately, these spacious apartments are found within the residential area of Lara in Antalya and are close to daily amenities and public transportation for moving around the city.
Antalya
Right in the heart of Bodrum city centre, these contemporary apartments have Title Deeds in place and are five minutes away from everything needed on a daily basis – enquire today for more information before these have been sold.
Bodrum
This must see commercial shop is found along Bagdat Avenue in Istanbul and is one of the best investment opportunities you will find in Istanbul – providing a healthy rental income of more than 50,000TL per month.
Istanbul
These low-rise apartments are for sale in Sefakoy area of Istanbul and form part of a high quality complex with daily shops and stores within – suitable for families and those looking to move to Turkey permanently.
Istanbul
1km away from the new Istanbul International Finance Center, this is an exciting opportunity to purchase a luxury apartment rising in Atasehir – available in various types and sizes for buyers to choose from.
Istanbul
Within walking distances to landmark city centre developments including the largest Hilton in Europe are these Bomonti apartments for sale at launch prices that will rise considerably before completion – a perfect investment.
Istanbul
Located in a top district of Antalya, these contemporary apartments are for sale at bargain prices and form part of an excellent complex with social facilities including a swimming pool, landscaped gardens, and fitness centre.
Antalya
Comfortable and practical, these lovely residences are suitable for Turkish Citizenship by Investment and are located in beautiful Bahcesehir, just moments away from Kanal Istanbul and Kucukcekmece Lake.
Istanbul
These Title Deed ready apartments are found in a residential area of Kartal and have lovely views heading out towards the Marmara Sea and surroundings – available in multiple types and sizes for small and large families.
Istanbul
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