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.
Prime apartments for sale directly at the beach in Konyaalti area of Antalya, suitable for those looking to obtain Turkish Citizenship by real estate investment within a top complex with a full range of on-site social and communal facilities.
Built on an elevated spot with distant views of the Blue Lagoon, this is a stunning property in Turkey's most popular summer resort Fethiye Ovacik. The villa offers 4 master bedrooms, 4 bathrooms, generous land size and a large private pool. Design is modern with ample terraces and balconies to enjoy stunning nature all around.
Forming part of a 5-star complex in Gocek located directly at the entrance to the sea with access to a marina and sailing facilities, this is an opportunity not to miss out on and comes highly recommended for viewing at the earliest available chance.
Situated directly at the waterfront with amazing views is this tremendous deluxe property for sale in Turkey’s premier sailing town Gocek, perfect for those looking to relocate to a friendly community of boat owners and sailors.
Stunning property for sale in a residential area of Kalkan, looking down towards the sea with a stunning panoramic view stretching for as far as the eye can see – this is one of the most impressive homes that you will find in this area of Kalkan today.
This is a unique opportunity to invest in a complete business of villas in Gocek, just minutes away from the nearest marina and harbour for sailing and enjoying the seaside – contact us as this is not going to be available for long.
Detached mansion style property for sale in a residential area of Bitez, complete with its own private swimming pool and landscaped gardens – this home is built to luxury standards and is ideal for year round living in Turkey.
5-star designed apartments for sale in Konyaalti area of Antalya, forming part of a deluxe project with a full range of social facilities available and gorgeous views heading out towards the sea and beach just metres away.
Built with luxury living in mind, this rare bungalow style property is situated in a peaceful area of Bitez in the Bodrum Peninsula and is just a short walk away from Blue Flag beaches and all daily amenities including restaurants.
Our very own designed villa Sandyma in Bodrum Yalikavak is a hugely contemporary and modern one of a kind amazing property perched above the state of the art Palmarina Bodrum in an idyllic location offering a plethora of luxury features and some of the best views in the entire region - this one is an absolute must see, simply breathtaking.
This outstanding hotel is located at the beachfront in Torba area of Bodrum and has two on-site restaurants and swimming pools for guests to use – this is an investment opportunity with years of history and success behind it.
Suitable for the largest of families looking to live in Turkey, this spacious detached villa is found in a residential area of Akarca in Calis and is situated within private grounds with a beautifully landscaped garden and nature views.
Renovated house with more than 150 years of history attached to it, this is a rare find in Gurece in Bodrum offering lots of privacy with a plot measuring 1,000m2, a swimming pool, and outstanding views across nature and the sea.
Situated at the waterfront in a prime position, this outstanding stone built villa is found in the Kas peninsula of Turkey and is a must see for those looking to live in the country close to all daily amenities and facilities.
Hotels for sale in Turkey such as this option are a must see for an investor looking to run an operate their own business in sunny Kas Peninsula, just metres away from a private sandy beach for hotel guests to relax daily.
At the waterfront, this is an incredibly rare opportunity to purchase a villa on Sovalye Island complete with mooring facilities and sea access – this gorgeous property is just a short five minute boat journey away from Calis Beach.
This listing could be used as either a family home or a boutique hotel for someone looking to run their own business in the desired area of Kas, just metres away from the seafront with direct access via steps leading down.
One of the most incredible homes that you will find in Istanbul today, this outstanding villa has sweeping views of a Bosphorus Bridge and Sea and is found in the affluent neighbourhood of Rumeli Hisari close to Bebek and Etiler.
Within 200 metres to the nearest sandy beach for relaxing and spending summery days is this fully furnished villa for sale in Gumbet area of Bodrum – ideal for those looking to relocate and raise children in Turkey.