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.
With fantastic views out towards the Golden Horn from Halic, these Big Life near Little Bosphorus by Rams apartments are available in various types and sizes for buyers to choose from and form part of an excellent project equipped with amenities.
This resale apartment is located within the residential area of Kadikoy-Fikirtepe and is just a few minutes away from transportation and daily amenities – ideal for those looking to live on the Anatolian side of the city.
These affordable-luxury Sense Levent apartments are designed and built in collaboration with Designer Turkey and the award-winning Saffet Kaya Architects – located within a growing area of Kagithane in central Istanbul.
Suitable for year round living with a family, this beautiful villa is nestled on the outskirts of Calis within the Ciftlik region and is a must see for those seeking a luxury home – complete with a swimming pool inside and outside.
Suitable for family living in the heart of Istanbul, these affordable properties are for sale in the central area of Bomonti within the Sisli district and enjoy access to a range of on-site facilities and social spaces including an equipped gym.
Charm Blue - 5-star properties located in the elite area of Zeytinburnu in Istanbul, situated just a few metres away from the sea with outstanding views stretching endlessly. This is one of the most equipped complexes that you will find in the entire city.
Historically located within the central heart of Istanbul, these contemporary apartments are found in the sought after area of Beyoglu and are just a few minutes away from a range of transport, amenities, and things to do.
This is an exciting opportunity to purchase a coffee shop in Gunesli area of Istanbul, providing the buyer with a healthy rental income stream for years to come – call or contact us today for more details and to arrange a visit.
This is a unique opportunity to buy a beautiful home in the city centre of Istanbul in Bomonti with panoramic views heading out towards the city skyline or the Bosphorus Sea depending on location within your apartment.
Newly renovated to high quality standards, this building is located within the Ayvansaray area of Fatih and is ideal for operating as a coffee shop – contact us to arrange your visit at the earliest convenience.
Built to luxury standards by a top developer in Belek, this project offers outstanding villas for sale with their own landscaped gardens and swimming pools – all just moments away from local amenities, beaches, and golf courses.
Tucked away in a peaceful area of Uzumlu, these brand new bungalow style properties are suitable for retiring to a quiet part of Fethiye and have spacious green gardens with infinity swimming pools to enjoy.
Ready to move in immediately, this furnished house is for sale in a central area of Yalikavak and has a stunning view heading out towards the sea – just a few minutes away from daily amenities and necessities.
This brand new complex is located within the Lara district of Antalya and offers properties for sale in various different types and sizes for buyers to choose from – situated just a few minutes away from the beach and centre.
Offering an extensive range of on-site social and communal facilities, this outstanding project offers apartments for sale from one – four bedrooms in a residential area of Beylikduzu and is perfect for lifestyle buyers as well as investors.
Ten minutes away from the beach and even closer to Bodrum Airport, these charming village-style villas are for sale in beautiful Adabuku area and are surrounded by a plethora of daily amenities and facilities.
This is a unique opportunity to customise your own dream house in Turkey when you buy this villa for sale in Cukurbag area of Kas – just ten minutes from the centre and situated within its own garden with beautiful nature views.
Providing a healthy rental income for the current owner, this organic bazaar is a superb investment in commercial property in Istanbul and is situated along a busy high street close to other shops and transportation.
These top quality homes are available in the Buyukcekmece area of Istanbul and are situated just 100 metres away from the seaside with full panoramic views. Buyers can choose from units in sizes up to seven bedrooms.
Minutes away from the coast and West Marina, these Beylikduzu properties have fantastic sea views and are available as apartments or duplexes – suitable for year round living and raising a family in Turkey.
This is an excellent opportunity to live within the peaceful Dosemealti area of Antalya – these luxury villas have their own swimming pools and landscaped gardens and can be used in applications for Turkish Citizenship.