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.
On the market at great prices, these affordable apartments are nestled in a residential area of the Kas peninsula and have access to a swimming pool and landscaped gardens for relaxing and sunbathing outside all summer long.
Kas
For sale at affordable prices, these residential homes are found in a popular neighbourhood in the Konyaalti region of Antalya and are a must see for those wanting to live in the city within easy walking distances to the beach.
Antalya
Built by a top developer in Antalya, these new homes are found in a sought after residential area of Konyaalti and are suitable for year round living in the city – choose from bargain units ranging up to four bedrooms.
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
La Mer Dragos project has views heading out towards the sea from higher floor units and rises within a residential area of Dragos in Maltepe area of Istanbul – suitable for those who are wishing to obtain a Turkish Passport.
Istanbul
In an elite area of Beylikduzu with good links to Istanbul city centre are these wonderful apartments offering a striking investment potential for someone looking to move today. The developer has confirmed price increases of 50% to completion, making this a superb opportunity.
Istanbul
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
Do you love to golf? If the answer to that is yes, then take a look at this fabulous golf apartment in Kusadasi region within minutes to world class golf courses of Championship levels. Only a few units remain so give us a call today to discuss latest availability and prices.
Kusadasi
A residential area, these properties form part of a high quality complex and have access to a full range of social facilities and on-site amenities – available for purchase in sizes ranging up to four bedrooms in Avsallar.
Alanya
Within walking distances to a full range of daily amenities and facilities, these brand new flats are suitable for those wanting to live in Antalya permanently and come highly recommended for viewing at the earliest available opportunity.
Antalya
Available at great prices not to miss out on, these charming apartments are for sale in Fethiye Town and are just metres away from the seaside and harbour – suitable for those wanting to live permanently or spend summer vacations.
Fethiye
Suitable for living in Izmir all year round, these bargain priced apartments are found in the Bornova area and are close to a Metro station for commuting and moving around the city to important hotspots and popular landmarks.
Izmir
Newly built and complete with a great array of shared facilities and outside space, this top project is situated in the residential area of Oba in Alanya and offers homebuyers a stunning local beach and market to enjoy in close proximity.
Alanya
Available today at affordable prices not to miss, this project offers a range of apartments for sale in the sought after area of Kepez and is within a short 15 minute drive to Antalya International Airport for easy access to and from your home.
Antalya
Relocate to Turkey when you purchase one of these bargain priced apartments for sale in a desired and residential area of Kepez in Antalya, forming part of a quality complex with an abundance of facilities within.
Antalya
Available for buyers as villas or apartments, these spectacular properties are for sale in Bodrum and have access to a private sandy beach within easy walking distance – for more information, please contact us today.
Bodrum
These luxury apartments for sale are located in Hisaronu and come with a luxury rental management system in place for those who are looking for investment real estate in Turkey guaranteed to make a good income for the long term future. Call us today.
Fethiye
Pick up a bargain priced luxury apartment close to one of the most sought after beaches in all of Turkey when you buy one of these Konyaalti apartments in Antalya offering excellent facilities and amenities on-site – do not miss out on one of these beautiful residences.
Antalya
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