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.
Construct and build up to seven detached villas within this site when you purchase this superb land for sale in Silivri area of Istanbul, located just a short 250 metre walking distance away from the seaside and beach.
Istanbul
Take in a striking open sea view from your living room with this resale apartment found in the prestigious Anthill Towers. Offering complete services and hotel features for residents, you will be hard pressed to find a more impressive project in the city than this contemporary home.
Istanbul
Suitable for large families looking to live in Istanbul, these spacious resale villas are nestled within the residential area of Gurpinar in Beylikduzu and have their own private gardens for relaxing and spending time outside.
Istanbul
Title Deed ready apartments for sale in Umraniye in Istanbul, just ten minutes away from the new International Finance Centre for those investing and seeking to apply for Turkish citizenship by buying real estate.
Istanbul
Situated within their own private gardens with swimming pools, these spacious villas are ideal for year round living in the Dosemealti area of Antalya and are just a few minutes away from daily amenities and public transportation.
Antalya
With four bedrooms inside, these villas are suitable for family living within the peaceful area of Dosemealti on the outskirts of Antalya city centre – ideal for those seeking a cooler climate and lovely natural views.
Antalya
Tucked away within a peaceful area of Dosemealti, these stunning villas have everything in place for family living away from the city centre of Antalya and form part of a luxury and highly private complex in Turkey.
Antalya
Minutes away from amenities and transportation, this peaceful villa is for sale within the Kargi area of Fethiye and is highly recommended for viewing – situated within its own green mature garden with large swimming pool.
Fethiye
This is a brand new luxury four bedroom house for sale in the residential area of Ciftlik in Fethiye, just minutes away from facilities and close to the local bus route providing direct access to the town centre and Calis Beach.
Fethiye
Built to luxury standards throughout, this beautiful apartment is nestled within a residential area of Yalikavak and is just 70 metres away from the Marina offering a range of amenities and things to do daily.
Bodrum
Available in sizes ranging up to four bedrooms, these spacious apartments are for sale in the peaceful area of Cekmekoy in Istanbul and form part of a low-rise project with an extensive range of social facilities.
Istanbul
Furnished and ready for a new family to move in immediately, this charming detached house is located within Hisaronu area of Fethiye and is a must see for those looking to relocate to Turkey on a permanent basis.
Fethiye
With a long term tenant in place, this is a fantastic opportunity to invest in a shop for sale in the iconic area of Galata in Istanbul, in front of the square and famous Tower just a few metres walking distance away.
Istanbul
Three minutes walking distance away from Cevahir Shopping Mall, this luxury project offers a range of apartments for sale in central Sisli area of Istanbul and is backed by a major brand for a successful investment.
Istanbul
If you are looking for high rental income from a tenanted shop with years left on the current lease, look no further than this tremendous property for sale in Esenyurt just moments away from public transport and residential complexes.
Istanbul
Nestled in peaceful settings, this property is for sale in Kizilbel Village in Uzumlu and has panoramic views of the surrounding mountains and nature – all just a short drive away from daily necessities and amenities.
Fethiye
Located in the countryside area of Patara in Kas, this wonderful property is on the market today as completely furnished and decorated throughout – this is one that you do not want to miss and comes highly recommended.
Kas
Available in sizes ranging up to five bedrooms, these spacious apartments are ideal for those looking to live in Istanbul permanently in Gokturk area and have access to a swimming pool and landscaped gardens.
Istanbul
Franchise restaurant business for sale on the Anatolian side of Istanbul in Uskudar – this is a golden opportunity that will not be available for long, situated within a famous shopping mall visited by thousands of people every day.
Istanbul
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