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.
Currently tenanted and providing rental income, this is an exceptional investment opportunity within the historical area of Fatih in Istanbul – this building has five apartments and meets the requirements for Turkish Citizenship.
Istanbul
If you are looking for high rental income from a tenanted shop with years left on the current lease, look no further than this tremendous property for sale in Esenyurt just moments away from public transport and residential complexes.
Istanbul
With five years left on the current rental agreement, this is top investment opportunity for those looking to buy commercial real estate in Turkey situated in a residential area close to daily amenities and public transportation.
Istanbul
Having a private swimming pool within your home is something considered as a luxury facility, so what about having two private swimming pools? These properties in Kalkan offer you just that, as well as some of the most striking and beautiful sea views you could imagine.
Kalkan
Panoramic land for sale in Yalikavak Heights behind Turkey's modern new marina Palmarina Bodrum ideal for building an exclusive house with full privacy, priced to sell, 5000sqm lot size great spot and very reasonable price. The plot is elevated with 270 degree town and bay views
Bodrum
Looking out towards the sea with charming views, this spacious villa has everything in place for family living in the Sariyer area of Istanbul and is situated within its own private garden for relaxing and spending time outside.
Istanbul
This wonderful hotel is located in Cesme area of Turkey and is just 100 metres away from the sea and even closer to local shops and amenities – this is a readymade business for someone looking to move to Turkey in the near future.
Cesme
This is an exceptional investment for someone who is looking to purchase a ready made business within a flourishing tourist area in Turkey. This three star hotel comes with a spa and is situated just 250 metres away from the nearest beach.
Kemer
55 room hotel investment opportunity in Kemer – a grand hotel with two swimming pools, poolside bar, and on-site restaurant for all your guests needs to be met. This is an exceptional business for sale in Turkey.
Kemer
In the centre of Kemer, this 4-star hotel is within easy walking distances to some of the best restaurants, boutique shops, and stores in the region – offering 84 rooms for hundreds of potential visitors to stay in Turkey.
Kemer
Suitable for Turkish Citizenship by Investment, this unique building is located within the central heart of Istanbul in the desired area of Kagithane and has potential to be used as a hotel, commercial offices, or residential flats.
Istanbul
Unique hotel and investment opportunity located in the Switzerland of Turkey – Beycik Mountain Village tucked away in Kemer area of Antalya. Opportunities like this are few and far between so call us today for full details.
Kemer
5-star property for sale on the front line to the sea in Yalikavak, boasting incredible views stretching endlessly, as well as a stylish design that needs to be seen to be appreciated – contact us as there is only one remaining.
Bodrum
In the heart of Beyoglu, this is an exceptional investment opportunity for those looking to run their own successful business in Istanbul, Turkey. This hotel offers apartment-style units that can be rented short and long term.
Istanbul
Close to the beach and local amenities, this boutique hotel offers serviced apartments for all types of traveller looking to spend summers in Turkey – this is a unique investment and one that comes highly recommended.
Antalya
This boutique hotel is located directly at the seafront in Yalikavak and has tremendous views – it is ideal for an investor looking to run their own business in Turkey with a long history of success and profit attached.
Bodrum
This prime hotel is located in Konyaalti area of Antalya and has a fantastic view heading out towards the sea and beach from attached balconies – for anyone looking for a readymade business, this is a unique opportunity.
Antalya
3.5 star hotel for sale at the beachfront in Kemer, just a short walking distance away from the sea and even closer to all daily amenities including top restaurants, local shops, and public transport for moving around.
Kemer
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