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.
If you are looking to live in Istanbul with your family, this fully equipped project is perfect and is located on the European side in Beylikduzu, available in sizes up to four bedrooms and featuring an open shopping mall with 113 shops.
Istanbul
With five bedrooms inside, these luxury villas are perfect for families and those looking to live in Belek area with amenities all close by – these homes form part of a high quality complex with shared swimming pool.
Belek
A golden opportunity not to miss out on, this commercial shop is for sale in a residential area of Istanbul and is situated along a popular high street full of shops, coffee houses, and a plethora of things to do.
Istanbul
Tenanted shop for sale in Bahcesehir area of Istanbul, offered to the market with high rental potential and a long term tenant currently in place – situated in a top location along a busy high street full of amenities.
Istanbul
Built to modern standards, these deluxe villas are found in Kargicak area of Alanya and have lovely views heading out towards the sea and natural surroundings – suitable for use as year round permanent residences.
Alanya
Constructed using locally sourced stone, this spectacular family home is found in a residential and peaceful area of Kas and has beautiful sea views stretching endlessly, along with a private pool and garden for relaxing outside.
Kas
Just a short distance away from West Marina, these brand new apartments are some of the best that you will find in this area of Istanbul – contact us to arrange your viewing today; perfect for luxury living in a peaceful area close to the centre.
Istanbul
With Title Deeds ready, these sea view apartments are found in the Beykent area of Istanbul and are close to the E-5 and TEM Highways for commuting and moving towards the city centre for work purposes daily.
Istanbul
Only 15 minutes away from the town centre where you will find all your everyday amenities and facilities is this family villa in residential Dalyan, listed for sale at a great price for those looking to make the move in the near future.
Dalyan
Within a ten minute distance from a Metro and Shopping Mall, this is an excellent opportunity to purchase an affordable apartment for sale in Nilufer region of Bursa – forming part of a top quality complex with social facilities.
Bursa
Within five minutes to the centre of Fethiye, this outstanding development offers luxury homes for sale in the Calis region and is perfect for those wanting to live on a year round basis with their loved ones in Turkey.
Fethiye
Completed and ready for buyers to move in, this historical project offers a range of homes for sale in the heart of Istanbul in Taksim and is just minutes away from Istiklal Avenue lined with thousands of shops and Taksim Square.
Istanbul
This award-winning project in Istanbul offers amazing apartments and office space for sale within a prestigious setting. Designed to re-define what it means to live in luxury, the project enjoys 360 degree views across Istanbul.
Istanbul
City centre living with views heading out towards Belgrad Forest – these beautiful apartments are found in the sought after area of Kagithane and are just a short walking distance away from a Metro for commuting.
Istanbul
Golden investment opportunity to purchase a busy shop in a shopping mall in Gunesli – complete with rental contract and long term tenant. This is a top pick for those looking to invest in Turkish real estate.
Istanbul
Within minutes to everything needed, this picturesque villa is on the market at a bargain price and is nestled in a peaceful and private area of Kas, suitable for those who are looking to enjoy long summer vacations or live permanently.
Kas
Looking out towards Buyukcekmece Lake and the Marmara Sea, these fantastic apartments are for sale within the residential area of Beykent in Istanbul and can be purchased in various sizes and types for families.
Istanbul
An opportunity not to miss out on – these affordable apartments are found in the city centre of Istanbul in the thriving and developing area of Bomonti, just a few minutes away from Taksim Square in one direction or Nisantasi in the other.
Istanbul
Bahcesehir tenanted property for sale within a high street with long term contract in place – just minutes away from public transportation and suitable for an investor looking to maximise their return on real estate.
Istanbul
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