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.
Contact us today for more information about purchasing this outstanding commercial property within a high street in a popular area of Istanbul – this shop has high rental potential and comes highly recommended for viewing.
Istanbul
Renovated and designed to luxury standards, this beautiful apartment is found in Cihangir area of Istanbul within the cultural city centre and is just a short walk away from local shops, restaurants, and transportation.
Istanbul
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
Available in multiple types and sizes, this comprehensive project offers luxury-designed homes for sale in the desired Maslak area of Istanbul and is just minutes away from the nearest Metro Underground for commuting.
Istanbul
These affordable-luxury Sense Levent apartments are designed and built in collaboration with Designer Turkey and the award-winning Saffet Kaya Architects – located within a growing area of Kagithane in central Istanbul.
Istanbul
Completely furnished delightful two bedroom apartment for sale in the Old Town of Side, within walking distance to supermarkets, bakeries, and shops – the residence would make for a great summer home with the added bonus of high rental potential.
Side
Enjoying stunning panoramic sea views over Cikcilli, this Alanya penthouse is a very good buy at a very low price considering all that is on offer with this home. Situate yourself just minutes from the sea in one of Turkey's top destinations for tourism every summer.
Alanya
Ticking all the boxes is this large apartment competitively priced offering two bedrooms situated within an innovative complete project in the Side area of Turkey. Built by one of the top developers in the region to modern standards, rest assured that this is one of the finest apartments you will find.
Side
Offered at excellent prices and with payment plans available, these homes are ripe for both lifestyle and investment buyers in Bahcekent, an area undergoing lots of growth and are close to public transport for city commuting.
Istanbul
Suitable for year round living in a residential area of Istanbul, these Beylikduzu properties are available in sizes ranging up to five bedrooms for buyers to choose from and form part of an excellent complex equipped with facilities.
Istanbul
Furnished family apartment just minutes from the beach and promenade in Calis, featuring incredible full open panoramic views across the sea and beyond. This residence is completely furnished and highly recommended for viewing.
Fethiye
Tucked away within a peaceful area of Beylikduzu in Istanbul, these contemporary homes are available today at excellent prices not to miss and are just a few minutes away from amenities and daily necessities.
Istanbul
Furnished and ready to move in immediately, this three bedroom duplex apartment is nestled within the peaceful and quiet area of Goynuk in Kemer and is just 1km away from the nearest beach for relaxing at the seaside.
Kemer
Close to transportation for heading out towards the beach and famous hotspots, these fantastic apartments are for sale in Deliktas area of Fethiye and are suitable for buyers looking to relocate with their children.
Fethiye
Just a short walk away from the town centre where you will find rooftop restaurants, busy bars, and much to see and do is this charming duplex apartment featuring its very own private swimming pool and sea view terrace.
Kalkan
This incredible apartment has a beautiful panoramic view heading out towards the sea and beyond in a residential position in Kalkan suitable for year round living within a private complex with access to a shared swimming pool.
Kalkan
Overlooking the sea with a gorgeous view, this three bedroom apartment has been renovated throughout and is located in the remote area of Datca, for sale as fully furnished and ready to move in immediately – this is a must see.
Datca
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