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.
Built for families who want to live away from the hustle and bustle of Istanbul city centre, these beautiful homes are for sale in Gurpinar area of Beylikduzu and have their own private green gardens and swimming pools.
With stunning panoramic sea views, this luxury villa is located in the sought after Turgutreis area of Bodrum Peninsula and has been designed throughout with superb features including marble bathrooms and a winter garden.
Turnkey mansion-style villa for sale in Beykoz area of Istanbul, enjoying a full panoramic view out towards the Bosphorus and offering a private lifestyle for those seeking exclusivity – this is a rare find that won’t be available for long.
Forming part of a 5-star compound fully equipped with extensive facilities and social areas, this tremendous villa is for sale in Beykoz in Istanbul and represents one of the best examples of real estate in this area of the city.
Beautiful sea views, rare location close to Bodrum Palmarina, and remarkable quality – this project of only six villas is a sublime effort and one that guarantees a luxury lifestyle for anyone who purchases a home here.
Bungalow style villa for sale in Konacik area of Bodrum, looking down towards the sea with a panoramic view from a private garden with pool – this listing is on the market as completely furnished and is an absolute must see.
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.
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.
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.
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.
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.
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.
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.
Situated in the hills of Yalikavak is this luxury-designed villa with beautiful views out towards the sea and marina, set within a private garden with pool and perfectly suited for year round residential living in an elite area of Bodrum.
Located within one of the most sought after estates in Istanbul, this mansion style villa is tucked away in the peaceful area of Buyukcekmece and overlooks the sea and surrounding nature in a merging of green and blue.
5-star villas in the heart of Yalikavak, located just 500 metres away from the seaside and world class amenities and facilities including the Palmarina – each home has its own private swimming pool and two separate garden levels.
Located within expansive gardens and land measuring 7,300m2, this hugely private stone house has a beautiful view out towards the sea and is a paradise tucked away in natural settings in Yalikavak just minutes from the centre.
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.
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.