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.
Turkish Government collaborative development: your gateway to elegance, built to exceptional standards by a top developer in Turkiye, these modern Pendik apartments are for sale on the Anatolian side of Istanbul, close to Sabiha Gokcen Airport.
Istanbul
Designer properties in the Cankaya area of Ankara overlooking a beautiful view of lakes, boats, and landscaped green gardens – this is an incredible opportunity to purchase a new home in the capital city of Turkey at a great price.
Ankara
In a fast developing area of Istanbul, these brand new apartments are for sale in Kartal and enjoy panoramic views out across the sea and Princes Islands – located just metres away from a Metro for daily commuting.
Istanbul
Enjoying beautiful sunsets and magnificent views, these innovative apartments are for sale within the prestigious district of Incek in Ankara city and are available for buyers to purchase up to six bedrooms in size.
Ankara
These Fold Home apartments are for sale within a residential area of Kagithane and are just 600 metres away from the nearest Metro for commuting and moving around the city towards the centre on a daily basis.
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
Designed and built to modern standards throughout, these exciting apartments are for sale in central Istanbul in Sisli district and are close to transportation, shops, embassies, and so much to see and do daily.
Istanbul
One of the most comprehensive projects in all of Turkey, this luxury-built project offers superb apartments for sale within Cankaya area of Ankara – buyers can choose from a host of flats in various types and sizes.
Ankara
Built to modern standards throughout, these spacious apartments are for sale in Eyup area of Istanbul and have Title Deeds in place, highly suitable for buyers looking to apply for Turkish Citizenship by Investment.
Istanbul
This ground floor apartment is nestled within the residential Tuzla area of Fethiye and is just a few minutes walking distance away from daily amenities and the promenade lined with shops, restaurants, and things to do.
Fethiye
Enjoying incredible views of the sea and surroundings, these fantastic properties are for sale in the sought after and peaceful area of Adabuku within the Bodrum peninsula and are just 15 minutes away from the airport.
Bodrum
Fully completed and ready to move in immediately, these luxury-designed apartments are for sale within the city centre of Istanbul in Bomonti district – just a few minutes away from shops and all daily necessities.
Istanbul
Close to daily transportation and all amenities, these modern apartments are for sale within the central area of Zeytinburnu in Istanbul and are highly recommended for viewing as a top pick for investors and lifestyle buyers.
Istanbul
Available in sizes ranging up to five bedrooms, these spacious apartments are ideal for those looking to live in Istanbul permanently in Gokturk area and have access to a swimming pool and landscaped gardens.
Istanbul
La Mer Dragos project has views heading out towards the sea from higher floor units and rises within a residential area of Dragos in Maltepe area of Istanbul – suitable for those who are wishing to obtain a Turkish Passport.
Istanbul
In the central triangle of Istanbul, these brand new apartments are available for sale in sizes ranging from one – three bedrooms for families and those looking to invest in Bomonti just moments away from Taksim and Sisli.
Istanbul
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