Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Located within a hugely private plot and mature garden, this detached bungalow is ready to move in immediately and is a must see for anyone looking to purchase a bargain priced home in an idyllic area of Uzumlu.
Located in the historical area of Cihangir in the heart of Istanbul is this beautiful apartment for sale with spectacular view out towards the Bosphorus Sea – this property is highly suitable for year round living in Turkey.
Completely furnished retirement property for sale in Turkey is this spacious Seydikemer house with unobstructed views of the countryside in a peaceful area of Fethiye just a short drive away from daily amenities and necessities.
Looking out across the sea and surroundings of Yalikavak, this brand new project offers exciting properties for sale at superb prices in Bodrum and is highly suitable for those who are looking to live in Turkey permanently.
40% discount for cash payment for these turn-key beachfront apartments within a luxury hotel residence resort located in Kadikalesi, Bodrum right opposite the Greek Islands with a superb sandy beach. Payment plan available 30% down and 48 months instalment plan.
Yalova is one of the most exciting areas in Turkey to invest, and when you take a look at the quality of these homes along with the price – it is easy to see just why that is. Future development will see the opening of a bridge connecting you to Istanbul in 20 minutes.
Just a short walking distance away from the nearest supermarket and daily necessities, this spacious villa is found in the quiet area of Koca Calis and has its own private landscaped garden with swimming pool.
Available at a bargain price not to miss out on, this tremendous apartment rises within the city centre of Fethiye and is five minutes away from everything needed – suitable for those who are looking to relocate permanently.
With only a few units remaining for sale, please call or contact us for more details about buying one of these stylish properties in Nisantasi area of Istanbul, within easy walking distances to international brands and boutiques.
This world class development offers access to a 300 metre long private beach with on-site restaurant and seven swimming pools to choose from – the developer has included everything and anything; leaving you with no reason to ever leave.
Fully furnished immaculate family villa listed at a great price and located just a few minutes away from the lively town centre of Hisaronu, situated within an award-winning complex with access to a shared swimming pool and gardens.
Just a short walking distance away from Ortakent beach, this brand new contemporary development offers luxury apartments for sale designed to excellent standards with a shared swimming pool and mature landscaped gardens.
Overlooking the sea with an outstanding view and sunset, this fully furnished apartment is bargain priced in a residential area of Alanya and forms part of a 5-star complex with access to a range of social and communal facilities.
Title Deed ready and suitable for Citizenship applications, this high quality apartment is for sale in the Suadiye area of Istanbul on the Anatolian side and is just a five minute walking distance away from Bagdat Avenue.
An opportunity not to miss out on – these affordable apartments are found in the city centre of Istanbul in the thriving and developing area of Bomonti, just a few minutes away from Taksim Square in one direction or Nisantasi in the other.
Stone cottage for sale in the countryside area of Ortakoy, situated within a huge plot of land for privacy guaranteed with its own swimming pool and mature gardens. This listing is ideal for those who enjoy natural surroundings.
Just a short walking distance away from a private beach and pier, these state-of-the-art properties are located in a residential area of Gundogan and have been designed for both summer and winter use, making them ideal permanent bases in Bodrum.
Located in a top district of Antalya, these contemporary apartments are for sale at bargain prices and form part of an excellent complex with social facilities including a swimming pool, landscaped gardens, and fitness centre.
Metres away from the seaside and beach, these beautiful properties have been designed with luxury living in mind in the Yalikavak area of Bodrum and can be purchased as apartments or private villas with swimming pools.
Brand new sea view villas and apartments for sale in the centre of Gumbet, 200 metres away from the seaside and nearest beach area – forming part of a modern compound with shared swimming pool, landscaped gardens, and cafe.
Own an apartment set within a hotel complex in one of the most sought after projects in the whole of Turkey, this is as good as it gets. With a rental program guaranteed to pay back original investment within 10-12 years, and private beach access, as well as mooring facilities - this is living life to the fullest.
In a hot spot where some of the most exclusive real estate of Kas can be found, this superb sea vista villa is for sale as completely furnished and has a swimming pool with a sweeping view heading out to nature and islands.