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.
In the historical location of Galata in Istanbul, this hotel is a fantastic investment for someone looking to buy and run their own business in Turkey – within easy walking distances to shops, boutiques, and transportation.
Istanbul
Looking out towards the sea and castle with panoramic views, this Provence-style villa is nestled within the heart of Bodrum Town Centre for sale and enjoys an abundance of privacy with a huge garden and swimming pool.
Bodrum
Within walking distance of Yalikavak Marina and the sea, this fantastic villa has everything in place for family living in a desired area of Bodrum. For more information, please enquire today to speak with our local advisors.
Bodrum
Designed and built to incredible standards, this exceptional villa is nestled in a private area of Yalikavak and enjoys tremendous sea views – all just five minutes away from the nearest vibrant town centre full of things to do.
Bodrum
Looking out towards the sea with a full view, this Title Deed ready villa is for sale within the highly popular and residential area of Buyukcekmece – suitable for Turkish Citizenship by Investment applications.
Istanbul
Close to a range of public transport, cafes, and restaurants, these high quality luxury apartments are found in the stunning central area of Nisantasi and feature 5-star on-site facilities – you won’t find better than these.
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
Designed from top to bottom with luxury living in mind, this project has been constructed using carefully selected materials and guarantees homeowners a stunning residence to call their own. Please call us for more information.
Bodrum
With views out towards the sea, this tremendous hotel is located in Sultanahmet area of Istanbul and has years of profit attached to it – the ideal business for an investor and just a short walk to the Blue Mosque.
Istanbul
This private home is nestled within the Urla area of Izmir and is on the market today as completely furnished and ready for a family to move in – just a few minutes away from daily amenities and the nearest beach.
Izmir
Suitable for year round living with a family, these designer villas are nestled within the hills of Yalikavak and have sweeping views of the sea and surroundings – complete with their own private pools and gardens.
Bodrum
Completed to outstanding standards and ready to move in today, these designer homes are situated in the sought after forest settings of Zekeriyakoy and form part of one of the most highly anticipated projects in the city.
Istanbul
Looking out towards the Bosporus Sea with tremendous views from balconies, this stunning Mansion is for sale within the Sariyer area of Istanbul and forms part of an exclusive estate with on-site facilities for residents.
Istanbul
Located in Sultanahmet area of Istanbul, this boutique hotel has all the makings of a superb investment in Turkish real estate for someone looking to purchase a readymade business within walking distance to historical landmarks.
Istanbul
For sale at the beachfront in Turkey, this luxury property is found in Bozbuk area of Bodrum and has tremendous views of the natural surroundings – suitable for families and those looking to apply for Citizenship.
Bodrum
Stone built private mansions for sale at Demirbuku Bay in Bodrum, just a few metres away from a 1.5km shoreline and beach for relaxing at the seaside or sailing some of the best sailing routes in the peninsula.
Bodrum
Shrouded in privacy by nature and trees, this spacious villa is found in Zekeriyakoy area of Sariyer and is suitable for family living in a sought after area of Istanbul, just a few minutes away from schools and amenities.
Istanbul
Perched just above West Marina in Istanbul is this spectacular project of apartments and villas for sale at competitive prices in an area fast developing as a getaway spot for those looking to escape from city centre life to a peaceful abode with amazing views.
Istanbul
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