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.
Designed by a world famous architect, this is a spectacular one-off villa tucked away in the hills of Yalikavak with incredible view out towards the Palmarina and Bay – this is an unmissable opportunity to purchase a super luxury mansion.
Rare opportunity to purchase a readymade business in Bodrum at an exceptional price, this hotel has been heavily discounted for a quick sale and has more than 50 positive reviews on TripAdvisor; an investment that you simply cannot miss.
Within a small complex, these private bungalow style villas are designed to the highest quality and found in the sought after area of Konacik – just five minutes away from shopping malls, supermarkets, and all amenities.
This designer villa features one of the most dramatic sunsets we have ever come across in Bodrum; a sight to see for your own eyes as the private infinity swimming pool gently merges with the ocean as the sun glistens off the water – pure heaven.
Turkbuku is one of the most sought after destinations in Bodrum for those seeking an elite lifestyle and world class facilities, of which this villa is just a short walking distance from both – making it an exceptional option for a permanent base.
With panoramic views across the sea, this mansion in Sariyer is a perfect choice for someone who is looking to live amongst some of the most wealthy and rich real estate in all of Istanbul – a must see house with indoor pool and sauna.
Outstanding mansion for those looking to attain a luxury lifestyle in Istanbul; this property is found within a huge plot measuring 2,500m2 and is surrounded by trees and nature to create a completely private life away from the city centre.
Elite family home tucked away in Gocek heights surrounded by mountains to one side, and amazing sea views to the other side. This is a superb opportunity for a large family to relocate to one of the most charming areas of Turkey.
A design concept that is state of the art and simply mind blowing is this one of a kind system found in Yalikavak designed to blend in with the natural surroundings and offer you the chance to feel at one with the landscape in a unique concept and beautifully structured project.
Designed as a spectacular mansion, this impressive property has access to a sandy beach and a dock where you can moor a large boat right outside your home. This property features a unique design and is an elite house in Turkey.
High class sea view villa in Kalkan with huge wraparound terraces for you to relax and take in the remarkable vistas. This house has been furnished in a tasteful manner and offers a unique experience just two minutes from the sea and beach clubs.
Centrally located sea view villa in Bodrum – this excellently appointed six bedroom house is listed for sale with white goods included, while all furniture can be negotiated, making this an ideal opportunity to relocate to Turkey.
This is an incredible six bedroom home in the centre of Bodrum within walking distance to pretty much everything you would need to indulge in a high quality of life while in Turkey. This villa is found within an elite complex and has breath taking views.
Boasting the wow factor, this special apartment is located in one of the most desired and elite neighbourhoods of Antalya, and is just metres away from a green park and wonderful beach area. There is also a full range of hotel facilities within the project.
Hotel apartments awarded a certificate by Tripadvisor for high quality in the sought after area of Bitez just 300 metres away from the nearest beach area. This is an excellent investment opportunity to purchase a business with a long history of success.
If you are looking to stand out from the rest in terms of stunning design and spectacular features, then this Uzumlu detached villa with five bedrooms might be the one for you. This signature residence features lots of privacy in tranquil settings and a crisp, clean, contemporary design.
How would you fancy living in a home where you have the beach literally just 50 steps away from your own living room? That is exactly what you get with this very rare Sovalye Island home along with access to a jetty making this a dream come true for anyone who likes the water.
The hotel is located in one of the prime areas of Kas, Turkey. Bookings and occupancy in the hotel will be high for the whole year, maximising profit and ensuring that the hotel is a good business to run for those looking to invest.