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.
Built to luxury standards from top to bottom, this exciting project offers apartments and villas for sale within the sought after area of Aksu, Altintas, just a few minutes away from daily amenities and the Airport.
Antalya
With several payment plans in place, and a full range of facilities for residents to enjoy, these apartments are some of the finest you will find in Bursa today. Very well priced, pick up one of these units today and reap the rewards as the area continues to develop tomorrow.
Bursa
Forming part of an excellent complex equipped with social facilities and amenities, these quality apartments for sale in Kepez area of Antalya region and are just a few minutes away from shops and transportation.
Antalya
Constructed to 5-star standards throughout, these beautiful apartments are located within a fast-growing and residential area of Antalya in Turkey and have access to a host of facilities including a free shuttle to the beach.
Antalya
Forming part of an excellent complex with a range of social facilities within, this project is nestled within the residential area of Eyup in Istanbul and is just a short walk away from shops and public transport.
Istanbul
Next to the Valley of Life in Istanbul and available today with Title Deeds ready, these apartments in Beylikduzu are suitable for citizenship by investment and form part of an amazing project with comprehensive facilities.
Istanbul
Five minutes away from the nearest beach and seaside, these spacious apartments are for sale within the highly sought after area of Cesme in Turkey and form part of a quality complex equipped with a pool and amenities.
Cesme
Situated on the European side of Istanbul in Halkali, this comprehensive project is fully equipped with extensive social and commercial facilities for residents, and offers homes ranging from one – four bedrooms available.
Istanbul
Ready to move in immediately, these modern apartments are nestled within the Kavakli area of Beylikduzu and form part of a quality complex equipped with a swimming pool and social facilities for residents.
Istanbul
Built to modern standards throughout, this project is situated within Aksu Altintas area of Antalya and offers hotel-quality social facilities and spaces for residents to enjoy together on a daily basis in Turkey.
Antalya
This comprehensive project offers a range of apartments in Pendik on the Anatolian side of Istanbul and is suitable for Turkish Citizenship by Investment – just a few minutes away from the nearest Metro and Marmaray station.
Istanbul
Fully completed and ready to move in, these apartments are found within the residential area of Gaziosmanpasa and are suitable for families looking to live in Istanbul close to a plethora of amenities and transport options.
Istanbul
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
Available in various types and sizes, these fantastic apartments are for sale in the Kadikoy-Fikirtepe area of Istanbul in a residential area just a few minutes away from daily necessities and public transport for moving.
Istanbul
Centrally located in Kagithane area of Istanbul, these commercial properties are ripe for investment and are now fully completed and ready – just a short walking distance away from the nearest Metro line.
Istanbul
Available for sale at a bargain price, this detached villa is nestled in a peaceful area of Ovacik within the Fethiye region and is fully furnished – ready for a new family to move in as soon as the purchase process has been completed.
Fethiye
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