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.
Within minutes to the popular Gocek Marina, this home is found in the centre of the village and is right by the sea. Located ideally for ease of access for all your amenities, this would make a superb holiday or permanent home in Turkey for those with boats who love exploring the best of nature.
Gocek
With a long term tenant in place, this is a fantastic opportunity to invest in a shop for sale in the iconic area of Galata in Istanbul, in front of the square and famous Tower just a few metres walking distance away.
Istanbul
Located right by the sea in Gocek, Turkey's premier town for yacht lovers and those who appreciate sailing, these apartments in found in a complex offering 2-4 bedroom units. Call us today for availability and prices of each unit. You do not want to miss this opportunity.
Gocek
Enjoying a full sea view, this charming villa is located in Celaliye area of Buyukcekmece and is just two minutes away from everyday necessities and amenities – this listing is ideal for year round living with a family.
Istanbul
With three bedrooms inside, this spacious villa is suitable for families looking to live in Calis on a year round basis with the beach just five minutes away – for more information, please enquire today to speak with our team.
Fethiye
Perfect for use as either a permanent home in the sun or a tranquil retirement spot, this is a rare bungalow for sale in Ovacik and is just a short distance away from local amenities including restaurants, daily shops, and necessities.
Fethiye
In Besiktas with a beautiful view of the sea is this duplex apartment for sale – suitable for someone looking to live in central Istanbul permanently with everything accessible within a matter of a few minutes.
Istanbul
Just a couple of minutes away from Yalikavak Marina are these unique residences for sale within one of the very best projects in the entire peninsula – this is a golden opportunity and one not to miss out on.
Bodrum
The on-site facilities are of such diversity that you can enjoy your day as you wish, from a spot of sunbathing in the garden to a swim in the pool; you will never find yourself short of things to do with this Konyaalti apartment.
Antalya
Listed for sale at bargain prices today, these superb apartments are located in the fast developing area of Bahcekent in Istanbul and are available in sizes ranging from one – four bedrooms in multiple different types.
Istanbul
Situated in a great location with local beaches and malls within a short distance is this leading project of homes in Antalya. Made up of a variety of two and three bedroom apartments, built to compliment a contemporary lifestyle.
Antalya
Within walking distance to local transport services and grocery stores are these top quality apartments in Alanya for sale within a complete project with excellent facilities for residents including a swimming pool and ample garden space to relax and sunbathe in.
Alanya
Brand new project of apartments in the Nilufer area of Bursa, just a short five minute walking distance away from a Metro for city centre commuting and available for buyers in sizes ranging up to four bedrooms.
Bursa
Minutes away from public transportation and daily amenities, this project offers affordable housing in the central district of Kagithane and is placed within an urban regeneration zone making it suitable for investment.
Istanbul
Built to luxury standards throughout, this deluxe apartment is for sale at the front of the sea in the sought after area of Gocek in Fethiye and has tremendous views and access to shared social facilities including a swimming pool.
Gocek
Located in a central location of Esenyurt are these modern designed apartments designed in an upscale manner for the area, a true standout project pushing the boundaries of design and listed at exceptionally affordable prices today.
Istanbul
Fully completed and ready to move in, these Goztepe Kadikoy apartments are situated in the Asian side of Istanbul and are perfect for those looking to live and commute towards the city centre European side within a matter of moments.
Istanbul
Suitable for Turkish Citizenship applications, these contemporary apartments are for sale in Guzeloba area of Lara and are minutes away from amenities and the nearest seaside – enquire today for more information.
Antalya
Overlooking the sea of Marmara is this luxury designed complete project of apartments with all facilities and amenities that you would expect to find in any top quality project in the city today. Well placed for year round living needs in Istanbul with access to a beach and marina close by.
Istanbul
Bargain priced family flats in a residential setting close to Fethiye Town with wonderful views and excellent location in a friendly complex boasting a shared swimming pool, landscaped gardens, and even a play area for children.
Fethiye
Available at a bargain price not to miss out on, this tremendous apartment rises within the city centre of Fethiye and is five minutes away from everything needed – suitable for those who are looking to relocate permanently.
Fethiye
Take in a beautiful sea view when you invest in one of these modern apartments for sale in Antalya within easy travelling distances from both the sandy beaches and the lively city centre area – making these properties ideal for both lifestyle and investment purposes. A great project indeed.
Antalya
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