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.
In the heart of Alanya city centre, these apartments are perfectly suitable for those looking to raise a family in Turkey and with residences available up to five bedrooms, perfect for the largest of families moving to the city.
Alanya
Completed and ready for residents to move in, this quality complex offers a full range of social and communal facilities to use in Alanya and properties for sale at great prices – with views heading out towards the sea and mountains.
Alanya
These Title Deed ready apartments are nestled within a central area of Sisli in Istanbul and are suitable for Turkish Citizenship by Investment applications – located directly above the E-5 Highway for daily commuting.
Istanbul
Built to luxury standards is this stunning two bedroom apartment for sale in a central area of Izmir in the sought after Karsiyaka neighbourhood – just minutes away from the centre and close to public transportation for moving.
Izmir
Looking out across the marina and sea just a few minutes away, this is a rare find resale apartment within the sought after area of Istinye in Istanbul and is perfect for those who are looking to raise their children in Turkey.
Istanbul
These Asian side Fikirtepe properties are found in an area currently undergoing urban regeneration and tick all the boxes for investors and lifestyle buyers, full of 5-star social and communal facilities for residents to use daily.
Istanbul
Ready for buyers to move in as soon as the purchase process has been completed, this top project offers apartments for sale in a desired area of Izmir and is suitable for those wishing to obtain Turkish Citizenship by Investment.
Izmir
Incredibly rare opportunity to purchase a bargain priced house on Sovalye Island, one of the most exclusive settings in Fethiye and just minutes away from the Marina and Centre – this is an option that you simply cannot miss out on.
Fethiye
Priced to sell quickly – this charming apartment is located in a residential area of Side and is on the market today as completely furnished and ready to move in, forming part of a boutique complex with shared swimming pool.
Side
5-star panoramic sea view apartment for sale in a desired area of Yalikavak, just minutes away from the world famous Palmarina – forming part of one of the most anticipated projects to come out of Bodrum in recent years.
Bodrum
Available up to five bedrooms inside, this superb development offers a range of properties for sale in the fast-growing residential area of Nilufer, just a few minutes away from daily shops and public transportation options.
Bursa
Designed and built with family life in mind, these spacious and modern apartments are found on the Anatolian side of Istanbul in Uskudar and are available today at excellent prices – close to transport, malls, and more.
Istanbul
In the heart of Belek, these spacious apartments are for sale today at affordable prices and are just a short walk away from daily necessities – perfect for those who are looking to spend long summer vacations in Turkey.
Belek
Within 200 metres to one of the largest shopping malls in the entire peninsula, these residential apartments are perfect for permanent living in Bodrum and are found within a peaceful complex with large gardens and relaxing areas.
Bodrum
Marmaris apartment for sale just a short walking distance away from the beach and within minutes to the city centre full of life and things to do – this spacious residence has everything in place for year round living in Turkey.
Marmaris
Complete lifestyle offered within this extensive project in the heart of Istanbul – this huge development features 125 on-site stores within a shopping street and buyers can choose from studios up to large four bedroom homes.
Istanbul
Looking out across lovely green surroundings from attached balconies, these completed apartments are for sale in the central area of Eyup and are recommended as one of our top picks for family living in Istanbul.
Istanbul
Built by a top developer in Antalya, this new project offers high quality apartments for sale in the Konyaalti district of the region and is a must see for those wanting to live in Turkey on a year round basis with their family.
Antalya
Breathe the clean air of Bursa when you invest in one of these gorgeous apartments in Mudanya, enjoying exceptional nature views, and a wonderful setting only 15 minutes away from the city centre and shopping malls.
Bursa
This is an exceptional investment opportunity within the inner circle of Istanbul where prices of real estate per m2 are rising rapidly. We expect property prices in this area of Turkey to double within the next five years or so - making this a chance you do not want to miss out on.
Istanbul
A beautiful spot, this apartment is just 900 metres away from the Old Town and even closer to a sandy beach area, and at this price, is an absolute bargain. Furnished and ready at the drop of a hat, this property was completed in 2007 to a high standard.
Side
Forming part of a high quality complex with access to green mature gardens and a central swimming pool are these fantastic apartments in Adabuku for sale, nestled just a short distance away from local amenities.
Bodrum
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