Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
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.
In a fast developing area of Istanbul, these brand new apartments are for sale in Kartal and enjoy panoramic views out across the sea and Princes Islands – located just metres away from a Metro for daily commuting.
Available as two or three bedroom apartments, this is a unique opportunity to purchase a home in the heart of Istanbul in Cihangir, just a short walk away from famous monuments and landmarks that the city is known for.
These delightful residences have fantastic views heading out towards the sea and natural surroundings of Adabuku within the Bodrum peninsula – on the market today at excellent prices and forming part of a top project.
Featuring a plethora of on-site facilities, these spacious apartments are for sale in Aksu area of Antalya and are suitable for families relocating to Turkey – just a few minutes away from everyday amenities and transport.
Minutes from the nearest Metro and daily amenities, these contemporary apartments are for sale in Kadikoy on the Anatolian side of Istanbul and have access to a vast range of social facilities and shared spaces within.
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.
Looking out towards the Bosphorus Sea from a unique location, these apartments are for sale in the historical centre in beautiful Cihangir and are highly recommended for viewing – at these prices, they will sell quick.
Basin Ekspres apartments suitable for those looking to invest in Istanbul within minutes to daily amenities and public transportation for city commuting – choose from units ranging in sizes up to four bedrooms for sale.
In the city centre of Alanya, this brand new development will be ready to move in by the end of summer 2020 and is available today with payment plans for buyers to choose from – offering flats from one – two bedrooms in size.
This is one of the largest urban transformation projects in the entire country of Turkey and offers a range of luxury apartments for sale in the sought after area of Kepez just a short driving distance away from Antalya centre.
Located within an excellent complex boasting a plethora of site facilities and spaces, these contemporary apartments are situated in Bahcelievler and are just minutes away from daily amenities and public transportation.
With Title Deeds in place, these spacious apartments are for sale in the Levent area of Istanbul and are suitable for those commuting and working in the centre – available to buy in sizes ranging up to three bedrooms.
700 metres away from a sandy beach and closer to local shops and restaurants, this new project offers apartments for sale in Mahmutlar district of Alanya and is a must see for those wanting to invest in a fast-growing area.
Choose from one – two bedroom apartments for sale when you purchase one of these quality flats in the urban regeneration district of Kagithane, right in the city centre of Istanbul within close proximity to everything needed.
With access to a stunning rooftop terrace overlooking the Bosporus Sea and city is this readymade one bedroom apartment for sale in Galata Istanbul fetching a healthy rental income of around 2,500 USD per month for the current owner.
Contemporary in design for a modern lifestyle in the most beautiful of settings in Antalya with excellent facilities for residents to indulge in a first class life in Turkey. An ideal investment for those seeking buy to let options with a wealth of opportunity awaiting.
Choose from apartments for sale in multiple types and sizes when you invest in this centrally located project in the Levent area of Kagithane, suitable for those commuting and working in the heart of Istanbul every day.
Priced to sell quickly, these bargain apartments are located in central Istanbul in the sought after area of Kagithane and are available up to three bedrooms in size for buyers to choose from – this is a must see development.
Built and designed as hotel-style apartments with access to 5-star on-site facilities, these tremendous properties are found in Aksu area of Altintas and are just seven minutes away from the famous beaches of Lara.
Rising in central Istanbul, this new project offers luxury-designed apartments for sale in Kagithane area of the city and is just ten minutes away from Sisli and Taksim for those commuting and working in Turkey.
Close to the largest artificial lake in all of Turkey, these Bahcesehir Lake properties have been built by a top developer in Istanbul to superb standards and enjoy access to a full range of on-site areas for residents to relax with loved ones.
Within minutes to central areas including Besiktas, Nisantasi, and Taksim, these bargain priced apartments are a must see in Istanbul in the developing area of Bomonti – buyers can choose units ranging from one – three bedrooms.