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.
Close to daily amenities and public transportation for commuting, these completed homes are found in the Gunesli area of Bagcilar within Istanbul and are for sale today at great prices for those looking to move with loved ones.
Istanbul
Just a short walking distance away from the seaside, these luxury designer villas have all the makings of wonderful family homes in Istanbul and are located in a peaceful area of Beylikduzu close to lifestyle amenities and public transport.
Istanbul
Invest in a rare plot of land for sale on Sovalye Island; enjoying magnificent sea views towards Calis and Red Islands – a wonderful opportunity that should not be missed, there is room to build a four bedroom villa within the land.
Fethiye
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
In the residential area of Gunesli within Bagcilar, these spacious apartments are on the market today at affordable prices not to miss out on and are suitable for families and those looking to relocate to Turkey permanently.
Istanbul
Close to the famous Cleopatra Beach and local shops, these bargain apartments are right in the heart of Alanya centre and are suitable for year round life – this is an opportunity not to miss so call or contact us today for more information.
Alanya
Available in sizes ranging up to three bedrooms, these brand new properties are suitable for living on a permanent basis in the residential area of Mahmutlar in Alanya and have access to a full range of social facilities and amenities.
Alanya
Located on a busy high street lined with shops, restaurants, and banks is this tremendous hotel for sale in residential Mudanya area of Bursa just metres away from the seafront with a gorgeous view from most rooms inside.
Bursa
Complete with a vast selection of social facilities is this brand new complex offering one-bedroom apartments at an exceptionally affordable price, located just a 15 minute walk from the local beach, relaxing days are guaranteed.
Alanya
At the beachfront in Alanya area of Antalya, this prime hotel has 260 rooms and is equipped with a full range of social facilities for guests to use – this is a fantastic investment not to miss out on in Turkey.
Alanya
Close walking distances to the nearest beach and sea, this 5-star hotel resort is situated in Alanya region of Antalya and is a must see for someone looking to buy a luxury hotel with a room capacity of 245 in total.
Alanya
Successful hotel located at the seafront in Manavgat area of Antalya, suitable for investment and on the market today as furnished from top to bottom – this is one of our top picks and highly recommended for viewing.
Side
Designed as a luxury hotel in Kemer, this resort is just metres away from the beach and has a room capacity of 380 for hundreds of guests to relax and spend long summers enjoying the very best that Turkey as to offer.
Kemer
Completely furnished and ready to move in, this charming property is located in a residential area of Kiziltas in Kalkan and has sea views stretching for as far as the eye can see – this is a must see available today at a bargain price.
Kalkan
Built to luxury standards from top to bottom, these beautiful apartments are for sale in Kadikoy on the Anatolian side of Istanbul in Turkey and are just a few minutes away from Bagdat Caddesi full of things to do and see.
Istanbul
This luxury apartment is just a short walk away from the beach in Side and enjoys superb panoramic views heading out towards the water, forming part of an elite project with access to a full range of social and communal facilities.
Side
Close to the beach and listed for sale today at a bargain price, this three bedroom residence is completely furnished and decorated from top to bottom, ready for new owners to move in and enjoy long summer vacations in Side, Antalya.
Side
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