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.
Purchase a brand new home in Mahmutlar when you buy one of these modern apartments for sale at affordable prices in Alanya – situated within close proximity to amenities and the nearest sandy beach for relaxing.
Alanya
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
On the market at bargain prices not to miss, these exceptional apartments are located in the heart of Istanbul city and offer excellent site facilities including a roof cafeteria with panoramic views across the skyline.
Istanbul
With a rental management company in place, this project is ideal for those who are looking to invest in Yalova area of Turkey and offers affordable properties just a few minutes away from the nearest thermal area.
Yalova
These central square properties are the perfect investment opportunity on the Asian side of the city and feature access to the largest shopping mall within the city, with more than 400 shops to browse and choose from.
Istanbul
Located within one of the most sought after complexes in Yalikavak, this Kizilburun apartment is for sale today at a great price not to miss out on and is just a few minutes away from the nearest beach for relaxing.
Bodrum
Nestled within the residential area of Muratpasa in Antalya centre, these tremendous apartments are suitable for year round family living and form part of a high quality complex with gardens and social facilities.
Antalya
Nestled in the peaceful area of Seydikemer, this unique property could be operated as a boutique hotel or restaurant business in Turkey if wanted and is on the market today as completely furnished and decorated.
Fethiye
An excellent option for those wanting to invest in Antalya in the desired and residential area of Konyaalti, just moments away from shops and forming part of a quality complex with shared swimming pool and landscaped gardens.
Antalya
With a private swimming pool and excellent location just a short walking distance away from the centre of Kalkan, this two bedroom apartment is ready to move in immediately and furnish to your own standards, it’s a must see.
Kalkan
Available at prices not to miss, these spacious apartments are found in Konyaalti and form part of an excellent complex with social facilities for residents to use on a daily basis – choose from units in sizes up to four bedrooms.
Antalya
Five minutes away from the nearest shopping mall and Antalya Airport, these apartments form part of a 5-star complex with top social facilities including a private shuttle service to the famous Lara beaches.
Antalya
Right at the waterfront in the prestigious area of Atakoy, this amazing project is just minutes away from Ataturk Airport and features a 5-star hotel within the grounds and facilities managed by world famous Jumeirah Hotels.
Istanbul
Take in a striking open sea view from your living room with this resale apartment found in the prestigious Anthill Towers. Offering complete services and hotel features for residents, you will be hard pressed to find a more impressive project in the city than this contemporary home.
Istanbul
Invest in Kucukcekmece Basin Express apartments and purchase yours today at great prices not to miss out on. This is one of our top picks in this area of Istanbul and homes are close to local amenities and daily all facilities.
Istanbul
Overlooking the sea with lovely views, this project offers high quality apartments for sale in sizes ranging from one – three bedrooms in Avcilar, and is just minutes away from Ataturk Airport with an abundance of investment value.
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
These sylish uber modern Side apartments ooze sophistication and top level design and quality throughout. For anyone looking to purchase real estate in Turkey - we highly suggest taking a look at these ones, ideal for year round living and complete with luxury features and facilities.
Side
Located in the heart of Urban Regeneration in Central Istanbul, these Bomonti apartments have been designed to top modern standards for family living and are just a short five – ten minutes away from Taksim Square and landmarks.
Istanbul
Located at the beachfront in Tilkicik Bay, these stunning homes in Yalikavak have access to a private 200 metre long beach and are available in sizes ranging from one – three bedrooms, all just five minutes away from the town centre.
Bodrum
Before the completion of this project, you can expect prices to rise considerably by more than 30%, making the time to invest in these homes as NOW. A striking tower with facilities for living in Istanbul all year round and excellent location close to the TEM Highway.
Istanbul
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