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.
Belview Istanbul available at bargain prices not to miss out on, these designer apartments can be purchased in sizes ranging from one – three bedrooms with duplexes and normal floor residences to choose from on the Anatolian side in Dragos.
Istanbul
These low-rise apartments are for sale within the residential area of Sefakoy in Istanbul and form part of an excellent project with on-site shopping mall and superb facilities for residents to enjoy together daily.
Istanbul
Rising in Bahcelievler with unique panoramic views across the city, these apartments are just a few moments away from the Basin Ekspres road in Istanbul and are suitable for those who want to apply for Turkish Citizenship.
Istanbul
With Title Deeds ready, these apartments can be used in applications for Citizenship and are located in Kartal on the Anatolian side of Istanbul – just a few minutes away from amenities and transportation options.
Istanbul
Just two minutes away from Mall Of Istanbul, this extensive project has won awards for design quality and offers all kinds of social and communal facilities to enjoy – this is one of the most impressive projects in Kucukcekmece today.
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
Built to modern standards by a top developer in Istanbul, this exciting project offers spacious apartments for sale in Yakacik area of Kartal and is ideal for those looking to relocate to Turkey with their family members.
Istanbul
Located inside a popular shopping mall, this commercial shop is currently operating as a supermarket and enjoys high rental income on a long term basis with a tenant in place and contract allowing rental increases.
Istanbul
Nestled above the E-5 Highway for easy access throughout the rest of the city, these top quality apartments are for sale in central Sisli area of Istanbul and form part of a complex with access to social facilities.
Istanbul
Listed at an excellent price today, this bargain Alanya villa is perfectly placed for both investors and lifestyle buyers looking to enjoy the best of modern life in Turkey, along with a peaceful setting overlooking the sea with striking views.
Alanya
This is an excellent opportunity to purchase a bargain priced residential home in Fethiye Town when you snap up an apartment within this complex featuring a shared swimming pool and beautiful green landscaped gardens.
Fethiye
A perfect holiday home is this gorgeous apartment in Goynuk, Kemer, found just 5 minutes to the beach or 15 minutes away from Tahtali Ski Resort - meaning you enjoy perfect holidays no matter what mood you are in, beaches, ski resorts, marinas, sea, and much more. A lovely location.
Kemer
Completely furnished and ready to move in, this sea and pine forest duplex apartment is located in a residential area of Gocek and comes highly recommended for viewing – this is a rare listing that won’t be available for much longer.
Gocek
This is an exceptional investment opportunity, purchase a spacious apartment at Media Highway in Istanbul within close proximity to everything needed daily. You do not want to miss out here, enquire today for more information.
Istanbul
These modern apartments are for sale in Altintas area of Aksu in Antalya and form part of an excellent complex equipped with social facilities and shared spaces for residents to enjoy together on a daily basis.
Antalya
Available at a bargain price not to miss, this charming apartment is for sale in Akarca area of Fethiye and is ten minutes away from the main town full of life and things to do on a daily basis – this is one not to miss out on.
Fethiye
Looking out across the city with stunning views, these central apartments are located in Levent area of Istanbul and are available up to two bedrooms in size – making them the perfect investment for those looking to grab a bargain today.
Istanbul
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