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.
Charm Blue Looking out across the sea with some of the most impressive panoramic views possible are these brand new apartments in Zeytinburnu for sale – this is the last chance saloon to buy a seafront home in central Istanbul.
Istanbul
Featuring a shopping mall, 5-star hotel, offices, and residences – this landmark project is a must see for investors and lifestyle buyers in Istanbul, just moments away from public transport for commuting and moving towards the city centre.
Istanbul
Build your own dream home in Turkey when you purchase this delightful plot of land in the Doger Village, Seydikemer area of Fethiye – suitable for those wishing to apply for Turkish Citizenship through real estate investment.
Fethiye
This stunning home is for sale in the Koca Calis area of Fethiye and is situated within a huge plot of land assuring a private lifestyle for those with children – just a few minutes walking distance away from amenities.
Fethiye
Located directly on the seafront, this remarkable project in Buyukcekmece offers homes for sale ranging from two – five bedrooms and is an investors’ dream with prices set to rise by a minimum of 35% before the stated completion date.
Istanbul
Offering huge investment value for buyers, The Boulevard properties are just a few minutes away from everyday necessities in Sefakoy area of Kucukcekmece in Istanbul and rise next to the E-5 Highway for commuting.
Istanbul
Built to luxury standards from top to bottom, these beautiful apartments are for sale in Kadikoy on the Anatolian side of Istanbul in Turkey and are just a few minutes away from Bagdat Caddesi full of things to do and see.
Istanbul
Taksim apartments right in the heart of Istanbul, situated within 300 metres to Taksim Square and suitable for Turkish Citizenship by Investment applications – this is a landmark project that is highly recommended for viewing.
Istanbul
This beautiful stone-built home is nestled within a residential area of Torba in Bodrum and has its own landscaped garden for relaxing outside with loved ones – just a short walk away from amenities and restaurants.
Bodrum
Panoramic sea view villa built to the highest possible standards in a private area of Kas, fully furnished and ready for new owners today – this house offers an abundance of rental potential for those looking to invest in Turkey.
Kas
Furnished and ready for owners to move in, this deluxe villa is situated within a peaceful area of Fethiye and is ten minutes away from everything needed – this home has a huge swimming pool and is a must see for families.
Fethiye
Spacious family home for sale within a residential compound in Zekeriyakoy area of Sariyer, suitable for permanently living in Istanbul with loved ones just a short two minute driving distance away from a British school.
Istanbul
Ready for buyers to move in, these completed apartments are located in Zeytinburnu area of Istanbul and are for sale at excellent prices – situated just 200 metres away from the nearest Metro for city centre commuting.
Istanbul
In the heart of Istanbul, this historical apartment is found in Nisantasi area of the city and is just minutes away from everything needed on a daily basis – this is one of our top picks and highly recommended for viewing.
Istanbul
This very large detached villa is found in a residential area of Dosemealti in Antalya, surrounded by natural views and offering privacy for those looking to escape to the country yet find themselves close to the city centre.
Antalya
Charm Blue Just metres away from the ocean is this first-class project of expansive homes for sale in Zeytinburnu, the perfect option for those looking for elite-living just 10 minutes away from Ataturk Airport and within commuting distances to the centre.
Istanbul
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