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.
Listed at pre-launch prices that are currently around 40% below the regional average for comparable completed projects, this is an excellent investment opportunity for those looking to get in at entry level to maximise their potential return.
Istanbul
Just seconds away from Ataturk Airport and within close proximity to Basin Ekspres and the third airport of Istanbul, this is a superb investment opportunity for those looking to get the maximum out of their purchase in Turkey.
Istanbul
Located in the historical setting of Beyoglu within walking distance to Taksim Square and local facilities, these are outstanding apartments for sale at great prices for those looking to live in the central heart of Istanbul close to everything.
Istanbul
Pick up a bargain priced apartment in Bahcesehir when you purchase one of these high quality residences within a spectacular and fully equipped project – set within green gardens, buyers can choose from homes ranging from one – four bedrooms.
Istanbul
This state-of-the-art project is located in Gumusluk and is just a short elevator ride away from an extensive private beach area meaning that residents will always find their private spot besides the ocean on a daily basis.
Bodrum
Designed and built in co-operation with an international hotel chain, these quality apartments are found in Basin Ekspres Media Highway and have a large rental guarantee in place for the first two years, making these a superb investment.
Istanbul
Designed and built to custom standards, this extravagant five bedroom Bolu villa is situated within a huge 8,000m2 plot and assures complete privacy for those looking to escape from city life to some of the most beautiful surroundings in all of Turkey.
Bolu
In the sought after location of Camlica on the Asian side of Istanbul, this five-star development offers residences in many different types and sizes, and offers flexible payment terms for those looking to spread the cost over an affordable period.
Istanbul
These central square properties are the perfect investment opportunity on the Asian side of the city and feature access to the largest shopping mall within the city, with more than 400 shops to browse and choose from.
Istanbul
Outstanding serviced-apartments within a 5-star hotel, forming part of an elite project in Camlica on the Asian side of Istanbul – this is an opportunity that simply cannot be missed, a city within a city with everything in place.
Istanbul
Purchase one of these Basin Ekspres apartments. This is an exceptional investment opportunity with superb commuting access to the city centre and only five minutes away from Ataturk Airport and local daily necessities.
Istanbul
Offering a modern yet authentic design, these villas have been designed by a famous Turkish architect and there are only 5 in total available in Gumusluk, Bodrum. Overlooking the bay, the location is one to be desired, while the design is one to be admired.
Bodrum
Set to be the tallest building in Istanbul once completed, this is a unique opportunity to invest in a central apartment designed to 5-star standards – these properties are found in Maslak and enjoy stunning city landscape and skyline views.
Istanbul
Close to local transport facilities including the E-5 Highway and Metrobus station, this family friendly project is fully equipped with extensive facilities and would make for a smart investment in Beylikduzu – a must see development.
Istanbul
Invest today in one of these unique apartments boasting a range of on-site facilities including the implementation of a stunning Fold Home system and incredible setting just metres away from the entrance of a new Metro station.
Istanbul
Boasting a smart home system allowing residences to be controlled via the touch of a button, these incredible sea view properties in Istanbul enjoy a fantastic location in a new coastal city district and are fully equipped with facilities.
Istanbul
With dramatic panoramic views across the sea, this stunning eight bedroom mansion has luxury features including a home gym, relaxing sauna, and steam room. This is an incredible opportunity to purchase one of the best homes in Turgutreis.
Bodrum
This is an exceptional investment opportunity within the inner circle of Istanbul where prices of real estate per m2 are rising rapidly. We expect property prices in this area of Turkey to double within the next five years or so - making this a chance you do not want to miss out on.
Istanbul
With 5-star views out towards the sea, this desirable project is located just above West Marina in Istanbul and is one of our top tips for investors and those looking to embark on a new life in the city with their family and loved ones.
Istanbul
Right at the waterfront in the prestigious area of Atakoy, this amazing project is just minutes away from Ataturk Airport and features a 5-star hotel within the grounds and facilities managed by world famous Jumeirah Hotels.
Istanbul
With a Metro Underground station opening within the project in 2019, the time to invest is right now before prices skyrocket – this is one of the most important developments that you will find in this area of Istanbul today.
Istanbul
Built around a central trade area reminiscent to what you would find in London or Paris, this high end project offers homes available in sizes from studios up to large four bedroom apartments for both investors and lifestyle buyers.
Istanbul
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