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.
With Title Deeds in place, these properties are suitable for buyers who are looking to obtain a Turkish Passport through real estate investment and are located in Beylikduzu just minutes away from amenities and shops.
Istanbul
These apartments are located in Tuzla in Istanbul and enjoy magnificent views heading out towards the sea and Princess Islands in the background – this is an excellent opportunity to invest in a growing part of the city.
Istanbul
Ready for buyers to move in, these completed apartments are located in Zeytinburnu area of Istanbul and are for sale at excellent prices – situated just 200 metres away from the nearest Metro for city centre commuting.
Istanbul
Live in the city centre of Istanbul when you buy one of these luxury apartments located within the growing district of Kagithane, just moments away from daily amenities including supermarkets and public transport for commuting.
Istanbul
Brand new, immaculate apartments for sale in the neighbourly region of Kargicak, complete with a large selection of indoor and outdoor on-site shared facilities to maximise a healthy lifestyle with peace and tranquillity.
Alanya
Invest in a commercial shop in a central area of Istanbul when you purchase one of these units in sought after Kagithane, within a top complex with a full range of social facilities and potential customers just metres away.
Istanbul
These tremendous apartments rise in Kartal area of Istanbul and are situated next to Aydos Forest and just a few minutes away from the Marmara Sea – available in various types and sizes for buyers to choose from.
Istanbul
Ready to move in immediately, this charming apartment is found on the ground floor of a high quality complex in Fethiye and is fully furnished – suitable for those wanting to retire to sunny Turkey or spend long summer vacations abroad.
Fethiye
Built to luxury standards, these apartments are for sale in the highly desired area of Maslak and are within walking distances to a Metro and long 1.5km street lined with restaurants, shops, and everyday necessities.
Istanbul
Surrounded by forest and green nature, this project offers you the most idyllic escape to Antalya for peaceful living, yet is just minutes away from the main road that will take you to the city centre and beyond.
Antalya
Central to this marvellous project is a superb lake where residents can sail and enjoy the absolute waterside location in Bursa. A fine example of how this region is developing into one of the hotspots for investment in Turkey. Grab an apartment and take in a luxury lifestyle.
Bursa
These bargain priced properties are your ideal escape to your own piece of heaven in quiet settings in peaceful Dalaman in Turkey. Grab one of these units today and enjoy the large swimming pool and ample garden space for you and your children to indulge in daily.
Dalaman
Located within 60 metres to the sea are these fabulous Club Patara Kalkan properties for sale. Offering 2 large bedrooms, truly spectacular sea views, and all for sale as fully furnished. This is a perfect resort that you could make your annual holiday home for some relaxing Turkish sun.
Kalkan
With several units and sized apartments to choose from, these luxury homes are located in Kalkan Town Centre and provide a superb opportunity for year round living in one of Turkey's top locations. Enjoy the large shared swimming pool and the truly spectacular sea views on a daily basis.
Kalkan
Found in a small complex featuring only 9 luxury apartments is this superb offering located right in the centre of Kalkan. In terms of location, you would struggle to find a better placed property than this one - literally all you could ever want is right at your doorstep just a couple minutes away.
Kalkan
Rising in Kartal on the Anatolian side of Istanbul, this charming apartment is for sale at a great price and is suitable for year round living in Turkey – situated just a short walking distance away from the seaside.
Istanbul
For sale at first call prices in the historical setting of Topkapi in Zeytinburnu, these Istanbul residences are available in sizes ranging from one – five bedrooms and are just a short 15 minutes away from the city centre for lifestyle buyers and investors.
Istanbul
Minutes from the nearest beach, these 5-star apartments are found within an outstanding complex in the Side area of Turkey and have been designed and built to luxury standards. Fully completed and ready to move in.
Side
Within metres to a large shopping mall offering a range of daily shops and amenities, this brand new project is located in Kagithane area of Istanbul and offers apartments for sale in sizes ranging up to three bedrooms.
Istanbul
Five minutes walking distance to the town centre where you will find an abundance of restaurants, bars, and things to do – this is an excellent Hisaronu apartment for sale at a bargain price for those looking to enjoy long summer Turkish vacations.
Fethiye
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