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.
An incredible opportunity to purchase a luxury apartment in Uskudar on the Anatolian side of Istanbul – these apartments are highly recommended for viewing and are close to amenities and public transportation.
Istanbul
Available at an affordable price, this duplex apartment is found in central Kagithane and is just a short walk away from shops and transportation – suitable for families and those looking to live in Istanbul.
Istanbul
Brand new supermarket for sale with a long term tenant in place – guaranteeing the buyer years of rental income in sought after Esenyurt, situated along a busy high street close to housing projects and public transport.
Istanbul
High quality apartments suitable for investment and lifestyle buyers looking to purchase in the new international financial centre of Istanbul – these Atasehir properties have access to a full range of social and on-site facilities.
Istanbul
Title Deed ready and suitable for investment, these contemporary apartments rise in Bagcilar in Istanbul and form part of an excellent complex with a vast range of social facilities and spaces for residents to enjoy.
Istanbul
Within walking distance to two metro stations for easy access to the city centre, this project is situated on the Asian side in Yamanevler in Istanbul and offers apartments for sale ranging from one – five bedrooms for all budgets and family sizes.
Istanbul
Available up to three bedrooms in size, these modern apartments are for sale in Beylikduzu area of Istanbul and have Title Deeds ready – suitable for those who are looking to apply for Turkish Citizenship.
Istanbul
This renovated house is tucked away within a residential area of Kayakoy in Fethiye and is on the market as completely furnished and decorated throughout – ready for a family to move in as soon as the purchase is finalised.
Fethiye
Located within the historical area of Cihangir in Beyoglu, these beautiful apartments are a must see for those looking to invest in Istanbul and are now fully completed and ready for buyers to move in immediately.
Istanbul
Suitable for year round living in Izmir, these new apartments can be purchased in sizes ranging up to three bedrooms and have delightful sea views – all just moments away from public transport and daily lifestyle amenities.
Izmir
Nestled within the historical area of Bayrampasa, these high quality apartments are suitable for buyers who are looking to live in Istanbul permanently and raise their children close to schools, malls, and amenities.
Istanbul
Priced to sell quickly, this is a certified bargain in Alanya and one that will not be on the market for much longer – contact us to arrange your visit to this charming four bedroom villa within a sought after complex.
Alanya
Close to public transportation and other local shops, this tenanted property is located in a busy area of Beylikduzu and ticks all the boxes for investors looking to purchase shops with large rental income in place.
Istanbul
10 minutes away from luxury golf courses, and 10 minutes away from sandy beaches - in terms of location, you won't find a better situated property than this modern offering. Built with large floor to ceiling windows in order to capitalise on natural sunlight and present a perfect aura inside your new home.
Belek
Surrounded by greenery and lush views stretching endlessly, these peaceful apartments rise in a residential neighbourhood in Beylikduzu in Istanbul and are just minutes away from schools and other family necessities.
Istanbul
Suitable for families looking to live in Istanbul, these Kucukcekmece properties have fantastic views heading out towards the famous Lake and have Title Deeds in place – ideal for Turkish Citizenship by Investment applications.
Istanbul
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