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.
This expansive project is branded as a new centre of life and offers absolutely everything you could possibly think of – this is as luxurious as you will find in Istanbul and enjoys a prestigious location in Maslak just 10 minutes away from central areas.
Istanbul
With sweeping views out towards the nature, this is an excellent opportunity to buy a plot of land for sale in a desired area of Kas in Turkey, found in a private position with room to build a large four or five bedroom house.
Kas
Live in the city centre of Istanbul when you buy one of these luxury apartments located within the growing district of Kagithane, just moments away from daily amenities including supermarkets and public transport for commuting.
Istanbul
These beautiful properties are available for purchase as either apartments or villas and are nestled between Gumusluk and Turgutreis – complete with access to a private sandy beach guaranteeing your spot at the seaside.
Bodrum
Apply for a Turkish passport after you purchase one of these luxury-designed apartments on the Anatolian side of Istanbul in the sought after Atasehir – strategically placed within walking distance of the Finance Center.
Istanbul
Built with Italian and European-style architecture and influence, these elegant townhouse-style homes are for sale in Bahcesehir area of Istanbul and are suitable for family living in a desired and peaceful neighbourhood.
Istanbul
With four bedrooms inside, this spacious villa has more than enough room for the largest of families to live together permanently in Ciftlik area of Calis – nestled just ten minutes walk away from the promenade and beach.
Fethiye
With lovely nature views, these contemporary homes are for sale in Nilufer region of Bursa and have been designed to high quality standards – these are ideal for those who are looking to relocate on a permanent basis.
Bursa
With access to a range of social facilities and amenities, these spacious villas are for sale in a desired area of Konyaalti close to the Bogacay River project and have been constructed to luxury standards from top to bottom.
Antalya
Ready to move in, these spectacular properties are found in a residential area of Lara in Antalya and are just 1km away from the beach for relaxing and spending endless summer days with loved ones at the seaside.
Antalya
Luxury-designed, fully furnished restaurant lounge with separate shisha area for sale in a top residential area of Basaksehir in Istanbul – completely turn key and ready for new investors to enjoy income immediately.
Istanbul
Winner of Best Mix-Use Project in Istanbul, this development offers a range of homes in sizes from studio apartments up to large four bedroom units for family living in Kucukcekmece, fully complete and ready to move in immediately.
Istanbul
Overlooking the sea with panoramic views to die for, these designer properties form part of an exclusive development in Bakirkoy and are highly recommended for those looking to obtain a luxury lifestyle in a sought after part of Istanbul.
Istanbul
The most comprehensive project currently available in the centre of Istanbul, we are delighted to offer resale properties in Maslak 1453 at excellent prices and with access to communal facilities including a 1.5km shopping avenue.
Istanbul
Built to exceptional standards, these Dosemealti villas have their own private landscaped gardens and large swimming pools outside – all just a few minutes away from amenities and public transportation options.
Antalya
With five bedrooms inside, this stunning penthouse apartment has room for the largest of families to live together in a prime area of Antalya – this Konyaalti residence is just a few minutes away from the nearest beach.
Antalya
This is a golden opportunity to invest in a prime villa within a residential and highly private area of Belek – enquire today for more information and to arrange your visit at the earliest before all homes are sold out.
Belek
With five bedrooms inside, these luxury villas have everything in place for families moving to Turkey and are nestled within Dosemealti area of Antalya – complete with their own private swimming pools and gardens.
Antalya
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