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 a unique Greek style house in the middle of Yalikavak, this detached property is just a short 900 metre walking distance from the sea and is available today as completely furnished and ready to move in immediately.
If you are looking for a five-star property for modern family living in Buyukcekmece, look no further than these spectacular houses for sale within one of the most sought after private estates in Istanbul – designed by a renowned developer.
Detached villa for sale in the heart of Kalkan, just a short walk away from popular restaurants and busy bars for spending days relaxing and enjoying life in Turkey – this is a tremendous home for the entire family to enjoy.
Within walking distance to the centre of Yalikavak full of life and things to do, this luxury designed villa has recently been completed to superb standards and is suitable for year round living or raising a family in Turkey.
In a highly private area, this luxury designed villa is found in tranquil Ovacik area of Fethiye and is perfect for those seeking a quiet life yet wanting to find themselves just minutes away from life and busy town centres.
Nestled between Gumusluk and Yalikavak, this sea view villa is the perfect option for those looking to live in Bodrum permanently and was constructed in 2019 to outstanding standards throughout – a must see listing.
Built using locally sourced stone, this traditional villa is tucked away in a peaceful area of Kas and has sweeping Mediterranean Sea views from large balconies and terraces – this is a must see for those looking to escape to Turkey.
Designed and built to luxury 5-star standards, this smart house is found in the peaceful area of Bayindir in Kas for sale and has access to an infinity swimming pool and tremendous garden for relaxing outside all year long.
Designed and built to luxury standards, this deluxe detached property is found in a peaceful area of Yalikavak in Bodrum and is just 500 metres away from the seafront with tremendous views from the garden and rooms inside.
Looking out towards the sea and Palmarina with incredible 180-degree views, this is a luxury designed property for sale in Yalikavak that would make for an excellent family home with infinity private swimming pool and garden.
Commercial property for sale in Fethiye, this apartment building offers a tremendous amount of rental potential all year round in the residential area of Karagozler with a lovely view heading out towards the sea and beyond.
This is a unique bungalow style villa for sale in a residential area of Bodrum – this Konacik property is recommended for viewing and is just five minutes away from the centre where everything needed for family living is found.
Panoramic luxury designer properties in Yalikavak minutes away from the marina and town centre full of lifestyle facilities and amenities – these homes form part of a boutique project designed and built using A+ materials.
Set within private gardens with swimming pools and dramatic views across the ocean, these Geris Yalikavak villas for sale would make for supreme permanent residences in a sought after area of Bodrum and there are just two units remaining.
Private family villa located within a sought after compound with a reserve area behind, this spacious five bedroom property is only 700 metres away from the seaside and is listed for sale as fully furnished with all white goods included.
To put it simply, this listing is absolutely stunning, a rare find and a fantastic property for sale. This won’t last long on the market. With unobstructed perfect views over the Mediterranean Sea and ultimate luxury throughout the home, this is one of the best you will find in Kalkan.
This private bungalow style villa is located in a residential area of Konacik overlooking the surrounding nature with spectacular views from a private garden with large swimming pool – this is a must see listing for year round living.
This free standing property has to be considered as one of the top ten properties currently for sale in the entire peninsula of Bodrum and is located just 20 metres walking distance away from the sea and a private water jetty.
Designer property for sale in Faralya just moments away from daily amenities, enjoying a wonderful view out towards the sea and nature, as well as being within easy driving distance to the world famous Blue Lagoon at Oludeniz.
Just ten minutes walking distance away from the world famous Palmarina in Bodrum, this designer villa offers 180 degree panoramic sea views stretching endlessly across the bay and has been designed to 5-star standards throughout.
Completely furnished and established, this hotel is located in the historic centre of Istanbul in Sultanahmet and has a full tourism license in place for new owners looking for a ready made business in the heart of the city.
This villa offers eight bedrooms and has more than enough space inside for the largest of families looking to relocate to Akarca in Fethiye. This property has its own private swimming pool and green garden for relaxing.