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.
These units are now completed, and life has started – please call or contact us for details about buying one of these apartments in Zeytinburnu area of Istanbul, just a short walk away from the nearest Metro station.
Istanbul
Minutes away from shops and the nearest beach area, this fantastic villa is for sale in Calis area of Fethiye and has four bedrooms inside for a family to live together in Turkey – act fast as this is the last one available.
Fethiye
Situated within their own private landscaped gardens, these spacious villas are for sale within the residential area of Bahcesehir in Istanbul and have Title Deeds ready – ideal for Turkish Citizenship applications.
Istanbul
Suitable for obtaining Turkish citizenship through means of investment, this superb apartment is located inside a top complex in Tarabya area of Sariyer in Istanbul and offers three rooms for a family to live comfortably.
Istanbul
Strategically located to be within 500 metres of the new International Finance Center, these spectacular properties are found in Atasehir on the Anatolian side of Istanbul and are highly recommended for viewing.
Istanbul
Belview Istanbul listed at affordable prices for a stunning sea view, these brand new apartments are found on the Anatolian side of Istanbul in a residential area and are just minutes away from public transport for those looking to work in the city centre.
Istanbul
With Title Deeds ready, these lake and sea view homes are found in the lovely residential area of Buyukcekmece in Istanbul and are a must see for those wanting to relocate to the city with their families and loved ones.
Istanbul
Designed and built with family life in mind, these spacious and modern apartments are found on the Anatolian side of Istanbul in Uskudar and are available today at excellent prices – close to transport, malls, and more.
Istanbul
Looking out across the sea with fantastic views, these delightful apartments form part of one of the best projects to come out of the Zeytinburnu district in recent years and have access to a full range of social facilities and on-site areas to enjoy.
Istanbul
For sale here is an entire refurbished building located within the Balat area of Fatih, offering five studio apartments ready to rent out to tourists and travellers visiting Istanbul all through the year.
Istanbul
Situated within its own private garden with swimming pool and space to relax, this detached villa is for sale within a residential area of Calis in Fethiye and is just ten minutes walk away from the famous beach and promenade.
Fethiye
Located right beside the sea and promenade with uninterrupted views, this fantastic duplex apartment is for sale in the heart of Fethiye Town and has access to shared landscaped gardens and a lovely swimming pool.
Fethiye
Just a short walking distance to West Marina, these first class apartments enjoy superb views and excellent on-site facilities with a village feel. Perfect for families and expats looking to relocate to Istanbul – these are highly recommended.
Istanbul
Available in multiple types and sizes, this comprehensive project offers luxury-designed homes for sale in the desired Maslak area of Istanbul and is just minutes away from the nearest Metro Underground for commuting.
Istanbul
These boutique apartments are for sale in central Besiktas in Istanbul and are just a short walking distance away from daily amenities and necessities – ideal for those looking to live in Turkey with children.
Istanbul
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