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.
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
Suitable for small and large sized families looking to live in the city centre of Istanbul, this tremendous project offers luxury apartments in Taksim and has access to a full range of on-site facilities and social spaces.
Istanbul
Built to restore an area of historical significance in central Istanbul, these Taksim properties are just moments from Istiklal Avenue and are the result of a public-private partnership to preserve historical values in the area.
Istanbul
These resort-style apartments are located within a 5-star complex with access to a plethora of social facilities and necessities for residents to enjoy – all just moments away from amenities and public transportation.
Alanya
Featuring an on-site shopping mall providing everything needed for daily living, this fantastic project offers apartments for sale in Istanbul and is suitable for investors as well as lifestyle buyers looking to live in Turkey.
Istanbul
In the heart of Hisaronu, this spacious apartment is just a one minute walking distance away from the centre full of life and things to do daily – this is a must see for those seeking rental income or holidays in Turkey.
Fethiye
For sale at affordable prices, these one bedroom apartments are nestled within a residential complex in Tasyaka area of Fethiye Town and are just a few minutes away from amenities and public transportation options.
Fethiye
Commercial offices and shops for sale in the heart of Oba in Alanya, suitable for those wanting to invest in a growing area of the city and within close proximity to public transport and other local amenities.
Alanya
Situated within its own private garden with swimming pool, this bargain priced affordable villa is found in the Yenikoy area of Kas region in Turkey and is just a few minutes away from local shops and daily amenities including restaurants and markets.
Kas
With Title Deed ready, these completed apartments are for sale in Atasehir in Istanbul and are suitable for Turkish Citizenship applications – located just a few minutes away from shops and daily necessities.
Istanbul
In the heart of Fethiye Town, these spacious apartments are priced to sell quickly and tick all the boxes for buyers who are relocating to Turkey permanently with loved ones – enquire today to arrange your visit.
Fethiye
Enormous project of more than 1,000 apartments in Beylikduzu – this commanding project has been constructed by one of the most reputable developers in the country, ensuring only the best in quality and timely delivery.
Istanbul
Affordable apartments available in the heart of Fethiye Town, situated just a short walking distance away from the town square full of shops and things to do – this is an exceptional investment or lifestyle opportunity.
Fethiye
A fine example of what can be found in the Kalkan area today are these modern and uber luxurious homes with breathtaking sea views that will leave you in awe at the surroundings and settings - choose from either a two bedroom apartment or three bedroom unit.
Kalkan
5 minute walk to Bodrum Marina are these beautifully designed stone houses in Bodrum Centre within an elite estate. There are 1, 2 and 3 bedroom villas available set within a tangerine garden with ample terraces and designer interiors. A rare find for Bodrum real estate enthusiasts. Very high rental income potential.
Bodrum
These brand new apartments rise in the Kagithane area of Istanbul and are suitable for those seeking high rental income with their investment in Turkey – these properties are just minutes away from everything needed.
Istanbul
Available in sizes ranging up to three bedrooms, these spacious apartments are found in Atasehir in Istanbul and have Title Deeds in place – suitable for those looking to apply for Turkish Citizenship by Investment.
Istanbul
Surrounded by lush forests and nature, these contemporary properties are for sale within a peaceful and residential area of Sariyer in Istanbul – just five minutes away from schools, amenities, and public transportation.
Istanbul
For sale today at cheap prices not to miss out on, this new Alanya development is found just 600 metres away from a nearby beach club for relaxing and spending long summer afternoons with loved ones at the seaside.
Alanya
Minutes away from a Metrobus for daily commuting and driving around the city, this quality complex offers apartments for sale in Beylikduzu and comes highly recommended for viewing as one of our top picks in the district.
Istanbul
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