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 brand new apartments are available for sale in sizes ranging from one – three bedrooms and are located in the Deliktas area of Fethiye on the outskirts of the town centre with access to a full range of social facilities.
Fethiye
Offering the best of both worlds, these Cekmekoy apartments for sale are found in a green area on the Anatolian side of Istanbul and are just a short drive away from Kadikoy and other central districts within the city.
Istanbul
Offered at first call prices for smart early investors today are these outstanding sea view Buyukcekmece residences for sale in Istanbul, exclusively managed by a world renowned hotel brand with stunning on-site social facilities.
Istanbul
Surrounded by green nature and wonderful views, this exceptional project is tucked away in Sariyer area of Istanbul and comes highly recommended as one of our top picks – you will not find a better project than this.
Istanbul
Suitable for Turkish Citizenship by Investment, these spacious properties are located in the heart of Istanbul in Eyup area of the city just a short commuting distance for those looking to live and work in Turkey on a permanent basis.
Istanbul
With the construction of the third bridge, time taken to travel between Yalova and Istanbul will drop to a hugely impressive 20 minutes, making properties here a great purchase for those who are seeking to invest in their future.
Yalova
Excellent duplex apartment in Lara, Antalya, just a short walking distance away from the nearest sea and sandy beach area, leaving you with no excuse but to head to the water on a daily basis for an afternoon of fun with the family.
Antalya
Testament to the quality of Antalya real estate today is this fully equipped luxury project located right at the seafront with one of the most popular beaches in walking distance. The bathrooms are fitted with Jacuzzi bathtubs, and each home enjoys a spectacular view out to the sea.
Antalya
One of the most impressive designs we have come across in Alanya is this beautiful estate of luxury homes with picturesque sea views and wonderful setting coupled with great on-site facilities including indoor and outdoor pools, as well as sauna, Turkish bath, gym, and much more.
Alanya
Overlooking the sea with gorgeous views, this duplex apartment is located in an exclusive area of Kas and is close to daily amenities needed for year round living or spending long summer vacations in Turkey with loved ones.
Kas
Looking out across the sea with fantastic views, these delightful apartments form part of one of the best projects to come out of the Zeytinburnu district in recent years and have access to a full range of social facilities and on-site areas to enjoy.
Istanbul
Tucked away in peaceful surroundings, this spectacular house is for sale in the Incirkoy area of Uzumlu and has lovely nature views from all windows – an ideal home for those who are looking to escape to the countryside.
Fethiye
Built to luxury standards from top to bottom is this superb three bedroom apartment for sale in the residential Karsiyaka area of Izmir – close to all amenities including supermarkets, shops, restaurants, and public transportation.
Izmir
Offering a 5-star lifestyle for everyone who invests, these brand new apartments are located in Buyukcekmece Lake area of Istanbul and form part of an excellent development with a full range of social and communal facilities.
Istanbul
Nestled within the city centre of Bodrum, this brand new project offers high quality detached villas just three minutes away from Oasis Mall and within a ten minute radius to a plethora of things to do and see in Turkey.
Bodrum
Built to superb standards with family living in Turkey in mind, these contemporary units are for sale in the desired area of Beylikduzu in Istanbul and are just two minutes away from the Marina for those who love sailing.
Istanbul
Completed and ready for buyers to move in, this project offers Title Deed ready homes in a residential area of Kartal on the Anatolian side of Istanbul and is suitable for buyers looking to obtain Citizenship by Investment.
Istanbul
Completed to excellent standards, this development rises in Bahcelievler and is just 250 metres walking distance away from a Metro station for commuting towards the city centre of Istanbul – the perfect investment.
Istanbul
This apartment is on the market as completely furnished and decorated from top to bottom, ready for new buyers to move in immediately in Konyaalti area of Antalya – forming part of a project with shared pool and gardens.
Antalya
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