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.
Rising in Sultanbeyli area of Sancaktepe, these modern apartments are for sale on the Anatolian side of Istanbul and have access to superb facilities including vast landscaped green gardens and swimming pools.
Istanbul
Five minutes away from the Airport and Shopping Mall, these modern apartments are for sale in Altintas area of Antalya and are a must see – suitable for buyers looking to move to Turkey or invest for rental income.
Antalya
Luxury designer homes are the perfect investment in Bahcesehir and are found in a desired spot for residential living and central city commuting. The project is listed at first call prices and has a shopping street within for all daily needs.
Istanbul
Close to amenities and walking trails, these modern apartments are for sale in a residential area of Konyaalti in Antalya and are a must see – affordably priced for those looking to move to Turkey permanently.
Antalya
Exciting opportunity to purchase a city centre apartment within the urban regeneration area of Kagithane in Istanbul – available at superb prices today and within easy walking distances to shopping malls and transportation.
Istanbul
Featuring 5-star on-site facilities including a shopping street full of branded shops, this is an opportunity not to be missed in the Eyup area of Istanbul, within easy travelling distances to the city centre for commuters and lifestyle buyers.
Istanbul
In the centre of Kagithane, these luxury-designed homes are suitable for Turkish Citizenship by Investment with Title Deeds ready and have access to a full range of social facilities and shared spaces for residents to enjoy.
Istanbul
Within five minutes to the centre of Fethiye, this outstanding development offers luxury homes for sale in the Calis region and is perfect for those wanting to live on a year round basis with their loved ones in Turkey.
Fethiye
Located within Zone 1 Besiktas area of Istanbul, these fantastic apartments are ideal for Airbnb and have a rental guarantee system in place for investors – enquire today to arrange your visit at the earliest opportunity.
Istanbul
Five minutes away from Antalya Airport for easy accessibility, these modern apartments are priced to sell and offer high investment value for buyers – forming part of a boutique project with social facilities available.
Antalya
Just minutes away from the nearest shopping mall, Metro station, and top rated schools, these brand new apartments are for sale in Izmir and are suited for those looking to live in the city on a long term basis – a must see development.
Izmir
Next to Aydos Forest with spectacular nature views on one side and Marmara Sea views on the other side are these apartments for sale in Kartal area of Istanbul – available in various different types and sizes to choose from.
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
This brand new luxury development offers residents the opportunity to spend the day at a science museum, modern art museum, or even an on-site aquarium full of sea life as part of its goal to bring culture and life right into your home.
Izmir
Continue with Google
