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.
Spacious Dalyan villa tucked away in a residential area of Gulpinar, situated within a large plot and complete with its own swimming pool – all just ten minutes strolling distance away from the town for those seeking a private lifestyle.
Dalyan
One of the largest plots of land that we have available on our books, this expansive plot is suitable for building the biggest of projects in Istanbul and is tucked away in the peaceful and rural area of Catalca close to the new airport.
Istanbul
Immaculate internally and externally, this Kargicak villa is furnished and enjoys beautiful views from an elevated position in Alanya. The property is found in a stunning residential complex with a wide range of facilities.
Alanya
Close to the centre of Buyukcekmece with an abundance of potential, this large plot of land has permission in place to build a large project measuring up to 2,000m2 gross and is just a short distance away from the Marmara Sea.
Istanbul
With a long history of attracting healthy rental income, this designer property is located in Dalyan and is situated within a vast plot assuring total privacy for those seeking an exclusive lifestyle tucked away in the countryside.
Dalyan
Four bedroom Turkish villa for sale is found within minutes to the beaches and sea. This modern and contemporary home is located in Calis and is a quiet getaway for a family looking for a summer home to relax and enjoy life with the sun basking down upon them.
Fethiye
Wouldn’t you love to wake up with a sea view like this? This villa is found within the most sought after complex in Patara and is just minutes away from the beach, featuring gigantic views across the ocean from the living room, bedroom, and balcony.
Kalkan
Perfect for lifestyle buyers and investors, this project rises in Atasehir on the Anatolian side of Istanbul and is moments from the International Finance Center – for more information, please call or contact us today.
Istanbul
This pretty house is found in the picturesque settings of Alacati in Cesme and is a prime example of the stone houses that you will find for sale in this region of Turkey. A great price and well located close to the centre with three spacious bedrooms and a lovely garden.
Alacati
With a view heading out towards the sea and surrounding nature, this beautiful plot of land is found within the peaceful area of Bezirgan in Kalkan and is ideal for those who are looking to build their own dream home in Turkey.
Kalkan
Enjoying peaceful views out towards the surrounding nature and forests, this bargain priced property is located in a residential area of Kemer and is within close proximity to the nearest beach and city centre full of life and things to do.
Kemer
An incredible opportunity to purchase multiple villas at a discounted rate in the peaceful area of Islamlar in Kalkan – high rental income and potential to operate as a boutique hotel makes this the ideal buy to let investment in Turkey.
Kalkan
Excellent investment commercial shop for sale in the residential area of Basaksehir in Istanbul, home to young families and those living in Turkey commuting towards the city centre for work purposes on a daily basis.
Istanbul
This uniquely designed villa is located within a peaceful area of Uzumlu and is on the market today as completely furnished and ready to move in – just a short walking distance away from the village centre and lifestyle necessities.
Fethiye
This plot of land is located within a desired area of Antalya and is just a few minutes away from Finike Harbour and all daily necessities – for more information about building a dream home in Turkey, please enquire today.
Antalya
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