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.
For sale at bargain prices not to miss out on, this comprehensive project offers outstanding apartments in the residential area of Nilufer in Bursa and even includes an on-site shopping mall providing everything needed.
Bursa
In a rapidly growing part of Mahmutlar in Alanya, these brand new apartments are available to buy in sizes ranging up to four bedrooms at favourable prices, and are just a short 250 metre walking distance from the sea.
Alanya
Just across from Vadi Istanbul, one of the best shopping malls in Istanbul, this resale flat is found in a prime area of Maslak in Istanbul and forms part of the famous Masgard project equipped with extensive facilities.
Istanbul
Close to all amenities including public transportation for moving around the town, this apartment is found directly in Fethiye Centre and is close to everything you could possibly need for year round living in Turkey.
Fethiye
A two bedroom property at this price? This is an absolute steal for someone looking for a once in a lifetime bargain chance to seize the day with this unit well positioned in Fethiye ideally situated for Oludeniz and Fethiye town easily reached by public transport services.
Fethiye
Invest today at pre-launch prices in this outstanding opportunity in Istanbul – one of our top five current investment opportunities available. This project is only 150 metres away from the nearest Metro Underground station and will rise fast.
Istanbul
Bargain priced apartments in Konyaalti nearing completion for ideal use as long summer holiday homes close to restaurants and all local amenities including a bus station that will take you to the beach and city centre.
Antalya
Take the whole family out for the day at the nearby beach area, before heading home to indulge in a spot of family dinner and a quiet night in watching over the stars when you purchase one of these bargain priced apartments part of a complete project with luxury features and facilities.
Antalya
Designed for a high class lifestyle, these Antalya homes are ready to be moved in immediately and make some of the best placed units for enjoying all there is to offer in this popular region of Turkey. Beautifully crafted both inside and out, place yourself just a stone's throw away from the sea.
Antalya
Superb two bedroom apartment ideal for use as a holiday home with rental potential or lovely residence for permanent living in the popular Gulpinar area of Dalyan close to lifestyle amenities and everyday necessities.
Dalyan
In the residential Oba area of Alanya, this brand new development offers apartments for sale ranging from one – three bedrooms in multiple types for families looking to relocate to the city within close proximity to everything needed.
Alanya
Suitable for those seeking a sure fire bargain, this outstanding project is tucked away in the peaceful area of Kargicak in Alanya and offers apartments for sale with access to superb on-site communal areas and residential facilities.
Alanya
Priced to sell quickly, these affordable apartments are found in Altintas area of Aksu and have views heading out across the surrounding natural scenery – forming part of a top complex with comprehensive facilities.
Antalya
These brand new apartments rise in the Kagithane area of Istanbul and are suitable for those seeking high rental income with their investment in Turkey – these properties are just minutes away from everything needed.
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
Available at affordable prices, these quality apartments are found in a residential area of Alanya in Turkey and are a must see for investors looking to obtain high rental income with their purchase of real estate.
Alanya
Complete with shared facilities and stunning sea views, this brand new project is found in Kargicak and offers apartments for sale ranging up to three bedrooms with matching bathrooms and open plan kitchens with offset living rooms.
Alanya
Completed and ready for buyers to move in, these charming apartments are found in a highly sought after neighbourhood of Konyaalti and have access to a range of social facilities and shared spaces for residents to use.
Antalya
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
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