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 ground floor for easy access to and from, this spacious apartment is nestled within a residential area of Fethiye and is highly recommended for viewing – suitable for families or those retiring to Turkey.
Fethiye
Five minutes away from the nearest Metro station for commuting and moving around Istanbul, these new apartments are found in Yakacik area of Kartal and are suitable for those who are relocating to Turkey with family.
Istanbul
Live in a peaceful area of Bursa when you purchase one of these lovely apartments for sale at bargain prices in the growing district of Nilufer – just a few minutes away from necessities such as schools and shopping malls.
Bursa
Furnished and ready to move in, this spacious apartment is located in Side area of Antalya and forms part of an excellent complex with facilities for residents to enjoy together – all just 2km away from the nearest beach.
Side
Located in a peaceful area on the outskirts of Gulpinar, this three bedroom house is ready to move in immediately today and features a private pool with meticulously landscaped garden for spending an abundance of time outside.
Dalyan
In the heart of Fethiye Town, these spacious apartments are priced to sell quickly and tick all the boxes for buyers who are relocating to Turkey permanently with loved ones – enquire today to arrange your visit.
Fethiye
Just 15km away from the International Airport, these brand new apartments are for sale in a residential area of Kepez in Antalya, forming part of an excellent complex with on-site commercial areas and daily shops.
Antalya
Suitable for Airbnb and those looking to invest in Turkey, this spacious apartment is for sale in Belek area of Antalya and forms part of a lovely complex equipped with a shared swimming pool and mature gardens.
Belek
Offering high rental and investment prospects, these spacious apartments are found in the central area of Kagithane and have Title Deeds in place – making them suitable for obtaining a Turkish passport through real estate.
Istanbul
Directly above a Ring Road for moving and commuting, these apartments are located in a residential area of Izmir and are for sale at bargain prices not to miss – found within a top complex with a range of facilities.
Izmir
Located just 50 metres away from the nearest beach and marina, these contemporary homes are nestled within a residential area of Buyukcekmece in Istanbul and have fantastic sea views from attached balconies.
Istanbul
Designer residences for sale in the Narlidere area of Izmir enjoying an uninterrupted panoramic view of the sea and surrounding forests – available for purchase in sizes from two – four bedrooms and fully completed.
Izmir
In the Paspatur area of Fethiye Centre, this is a unique opportunity to purchase an entire building with three separate apartments inside – suitable for those wanting to invest and maximise their potential rental income.
Fethiye
Centrally located in Babatasi area of Fethiye, this ground floor apartment has everything in place for those wanting to retire to sunny Turkey and is just a short walking distance away from shops and amenities.
Fethiye
Offering a 5-star lifestyle for everyone who invests, these brand new apartments are located in Buyukcekmece Lake area of Istanbul and form part of an excellent development with a full range of social and communal facilities.
Istanbul
Available in multiple types and sizes, these fantastic properties are for sale in the residential area of Hurma in Konyaalti area of Antalya – located just a few minutes away from a public beach and transportation options.
Antalya
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