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.
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
Looking out towards the sea with panoramic views from the third floor and higher, this spectacular project is located in Kartal on the Anatolian side of Istanbul and offers flats for sale in various types and sizes.
Istanbul
Equipped with a range of social facilities for residents to enjoy on a daily basis, this quality complex offers apartments for sale in Oba area of Alanya and is just 800 metres away from the nearest sandy beach and seaside.
Alanya
Built to 5-star standards, this hallmark project is one of the finest examples of luxury real estate to come out of the Konyaalti district of Antalya in recent years – featuring a hotel, shopping mall, and residences.
Antalya
Suitable for Turkish Citizenship by Investment applications, these brand new apartments are found within the city centre in sought after Kagithane and form part of a top complex with botanical gardens and green spaces.
Istanbul
Close to the nearest golf course and public beach, these completed apartments are found in a residential area near the city centre of Belek in Turkey and are ready for buyers to move in as soon as the purchase is finalised.
Belek
Panoramic sea view apartments for sale in a residential area of Izmir in Turkey, fully completed and ready for buyers to move in immediately – these homes have access to a full range of social facilities within the site.
Izmir
Nestled in Deliktas area of Fethiye, this affordable project offers high quality apartments for sale and is suitable for year round family living – just a few minutes away from transportation and all daily necessities needed.
Fethiye
One of the top complexes to come out of Calis area in recent years, this new development has been constructed around a stunning lake and offers apartments and villas for sale in multiple types and sizes for buyers.
Fethiye
These luxury-designed properties are just minutes away from Bodrum Marina and within close proximity to the nearest beach for relaxing on a daily basis – available for purchase in multiple types and sizes to choose from.
Bodrum
In the city centre of Alanya, these contemporary apartments are just 600 metres walking distance away from the nearest sea and beach area – forming part of a high quality complex with a plethora of social facilities.
Alanya
Designed and built as a luxury resort in Turkey, these Foca properties in Izmir are suitable for those looking to retire, work remotely, or simply spend long summers abroad with their loved ones and families.
Izmir
Close to the famous Cleopatra Beach and local shops, these bargain apartments are right in the heart of Alanya centre and are suitable for year round life – this is an opportunity not to miss so call or contact us today for more information.
Alanya
Available today at excellent prices not to miss, these contemporary apartments are for sale in Kepez area of Antalya and are a must see for those who are looking to relocate or buyers that are seeking long term rental income.
Antalya
Completed and ready for occupation immediately are these fantastic apartments for sale in the Avsallar neighbourhood of the city of Alanya – nestled just 500 metres walking distance away from the nearest beach.
Alanya
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