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.
Suitable for year round living in Turkey, these exceptional apartments rise in the residential neighbourhood of Konyaalti in the city of Antalya and have access to social facilities such as landscaped gardens and a pool.
Antalya
In the residential neighbourhood of Sarisu in Konyaalti, these luxury-designed apartments are ready to move in and form part of a top complex with shared swimming pool and landscaped green gardens for relaxing outside.
Antalya
Completely furnished and ready to move in immediately, this triplex apartment is located in the heart of Gocek and has a fantastic view of the sea – just a few minutes away from the nearest marina for sailing opportunities.
Gocek
Fully furnished and ready to move in immediately, this panoramic sea view apartment is for sale within a superb complex in Adabuku area of Bodrum and is just five minutes away from a shopping mall and supermarket.
Bodrum
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
Raise your children within a peaceful area of Ankara when you purchase one of these Sincan apartments available today at excellent prices not to miss – these listings are just minutes away from parks, lakes, and a zoo.
Ankara
Designed and built with luxury living in mind, this superb complex offers beautiful flats for sale in the Kestel area of Alanya with tremendous views heading out towards the sea and nature surroundings stretching far.
Alanya
Fully completed and ready to move in, these apartments are found within the residential area of Gaziosmanpasa and are suitable for families looking to live in Istanbul close to a plethora of amenities and transport options.
Istanbul
Suitable for families who want to live on the Anatolian side of Istanbul, this extensive project rises in a residential area and has sea views – all just a one minute walk away from a Metro for commuting and moving around.
Istanbul
In the city centre of Istanbul, these Taksim apartments are just a short walking distance away from Istiklal Avenue and are a must see for those looking to buy within an area of historical and cultural significance that is undergoing regeneration.
Istanbul
Bargain priced apartment for sale in the peaceful and quiet area of Cikcilli in Alanya, tucked away surrounded by nature and wonderful views yet only a short bus ride away from the city centre full of world class amenities.
Alanya
Five minutes away from the nearest Metro station for commuting and moving around Istanbul, these new apartments are found in Yakacik area of Kartal and are suitable for those who are relocating to Turkey with family.
Istanbul
Purchase one of these apartments with Property Turkey and enjoy an exclusive offer of 10% off the final price. These homes also have a payment plan in place to make the purchase load easier as you can spread payments. Completed in 2012 to extremely high quality and standards.
Side
Suitable for year round living in a peaceful area of Kemerburgaz in Istanbul, these high quality homes are for sale in sizes ranging up to three bedrooms and have access to a full range of social facilities and communal spaces.
Istanbul
This is an incredible opportunity to purchase a beachfront apartment for sale in Alanya, overlooking the sea with striking vistas and just metres away from the water for spending endless summery days sunbathing and relaxing.
Alanya
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
Offering high quality apartments at excellent prices, this project is found in the centre of Istanbul in the fast-growing and developing Kagithane area – making these homes suitable for those wanting to invest in Turkey.
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
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