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.
One of the top picks currently available in Antalya, this 5-star development offers all the amenities usually found within any town centre around the world and properties are available today with advantageous payment plans to choose from.
Antalya
Within easy walking distances to West Istanbul Marina, these modern apartments have everything in place for buyers wanting to live in the city on a permanent basis and form part of a quality complex equipped with facilities.
Istanbul
These low-rise apartments are perfect for buyers that are looking to live within a peaceful neighbourhood on the Anatolian side of Istanbul in Cengelkoy – forming part of an excellent project with lots of green spaces.
Istanbul
Built to modern standards throughout, these contemporary apartments are for sale in Dikilitas area of Besiktas and are ideal for Turkish Citizenship – all just a few minutes away from local amenities and transportation.
Istanbul
These beautiful properties are available for purchase as either apartments or villas and are nestled between Gumusluk and Turgutreis – complete with access to a private sandy beach guaranteeing your spot at the seaside.
Bodrum
This resale apartment is located within the residential area of Kadikoy-Fikirtepe and is just a few minutes away from transportation and daily amenities – ideal for those looking to live on the Anatolian side of the city.
Istanbul
Panoramic sea view apartments for sale in Cesme just metres away from a private beach with long pier for relaxing on a daily basis – this is a high-tech development full of 5-star facilities reminiscent of a grand hotel.
Cesme
Built to excellent standards throughout, these modern apartments are nestled in Kartal on the Anatolian side of Istanbul next to the beautiful Aydos Forest and are available in various types and interior layouts.
Istanbul
With views of the city and sea, these completed apartments are found in Kadikoy on the Anatolian side of Istanbul and are a must see for those who are looking to live in Turkey on a permanent basis with a family.
Istanbul
Built to luxury standards throughout, these Bosphorus Sea view apartments are for sale in Besiktas area of Istanbul within the city centre and are just a short walking distance away from amenities and transportation.
Istanbul
Close to everything needed on a daily basis, this fantastic project is ideal for buyers who are looking to live in Istanbul permanently with their families – Title Deed ready and suitable for Turkish Citizenship applications.
Istanbul
Complete with luxury on-site social and communal facilities including access to a science museum, aquarium, and indoor outdoor swimming pools, this is one of the top developments that you will find in Izmir today, a must see.
Izmir
Do not miss out on this incredible opportunity to invest in a 5-star apartment for sale in the centre of Istanbul, perfect for city commuting and living with your family in one of the most desired up coming areas in Kagithane.
Istanbul
Located in peaceful forest settings, these new Beykoz properties on the Anatolian side are available in sizes ranging up to four bedrooms and have beautiful views stretching all the way towards the Bosphorus Sea.
Istanbul
Built to modern standards throughout, these spacious apartments are nestled within a residential area of Kepez in the city of Antalya and form part of a high quality complex with a vast range of social facilities.
Antalya
High quality apartments suitable for investment and lifestyle buyers looking to purchase in the new international financial centre of Istanbul – these Atasehir properties have access to a full range of social and on-site facilities.
Istanbul
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