Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Furnished and ready to move in, this spacious villa is for sale in Yalikavak area of Bodrum and is just five minutes away from the famous Marina for endless sailing opportunities through the most picturesque of sailing routes.
Do not miss out on this incredible opportunity to purchase two stone-built properties in the sought after area of Kayakoy in the Fethiye region of Turkey – situated within a large plot of land with infinity swimming pool.
Title Deed ready and completed for buyers to move in today, these apartments rise within the central heart of Istanbul in Cihangir area of Beyoglu and are just minutes away from everything needed on a daily basis.
Minutes away from Taksim Square and the Bosphorus Sea, this penthouse-style apartment is located in the heart of Bomonti in Sisli area of Istanbul and forms part of a prestigious site with 5-star services to use.
These world class properties are nestled just a few metres away from a private Blue Flag beach within one of the most anticipated projects in Bodrum today – located in the sought after area of Kizilburun in Gundogan.
Title Deed ready and suitable for Citizenship by Investment, these properties are for sale within the residential area of Sariyer in Istanbul, forming part of a high quality complex with a vast range of on-site amenities.
Fantastic apartments for sale in the sought after area of Beykoz in Istanbul, looking out towards the sea and beautiful skyline of Istanbul within a top project with comprehensive social facilities for residents to use.
Situated within their own private green landscaped gardens, these beautiful properties are for sale within the green Dosemealti area of Antalya and are just 20 minutes driving distance away from the busy city centre.
These low-rise apartments are for sale in Uskudar on the Anatolian side of Istanbul and have tremendous views out towards the sea and surroundings – suitable for families and those wanting to live in Turkey permanently.
Enjoying wide views out over Bodrum coastline, these modern designed villa bungalows are built to the highest possible standards of modern real estate. Centrally located but yet away from the hustle and bustle of the town centre, these symbolise everything that is great about the region right now.
This sea view bungalow-style villa is nestled within a peaceful area of Konacik in Bodrum and is just five minutes driving distance from the town centre full of life and things to do with your family and friends.
Charm Blue - Located directly at the seafront, these luxury apartments are for sale in Zeytinburnu area of Istanbul close to public transport for commuting and forming part of a 5-star complex fully equipped with social areas and on-site facilities.
Words do not do this listing justice – this spectacular duplex apartment overlooks Tarabya Marina and is found within an exclusive neighbourhood in Istanbul, suitable for those looking to live with their family in Turkey.
Built using never-before-seen architecture in Bodrum, this unique designer villa is nestled in the peaceful and private area of Gumusluk and is a must see for those who are looking to live in Turkey with their loved ones.
Everything inside this house is customisable by the buyer – number of bedrooms, bathrooms, living rooms – create the home of your dreams in the highly sought after Buyukcekmece area of Istanbul with a gorgeous sea view.
Following from our huge success of our flagship White House design across the South Coast of Turkey, we are pleased to bring the same design to Istanbul – be the first to invest in one of these exquisite villas in Silivri.
Offering a completely private lifestyle in Turkey, this is an exciting opportunity to purchase two properties in Gocek with sea and mountain views – situated within a huge plot of land with swimming pool and fruit tree gardens.
Amazing project of huge expansive villas on the European side of Istanbul, situated just 40 minutes away from the city centre and business districts. For anyone looking to escape from the city with his or her family, this is the house for you.
200 metres away from the nearest beach and a range of daily amenities, this luxury-built villa is for sale within a residential area of Gumusluk in Bodrum and has five bedrooms for a family to live together comfortably.