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.
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.
Top investment opportunity to purchase a ready made shop for sale on the Anatolian side of Istanbul in the sought after Kadikoy area, situated on the main High Street full of some of the most sought after amenities in the city.
Enjoying peaceful views out towards the surrounding nature and forests, this bargain priced property is located in a residential area of Kemer and is within close proximity to the nearest beach and city centre full of life and things to do.
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.
Located at the seafront in Gocek, this luxury designer villa is just minutes away from the largest marina for those who love sailing and is for sale today as completely furnished and ready for new owners to move in immediately.
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.
Escape to natural surroundings in Turkey when you purchase this peaceful stone house for sale in Kirklareli guaranteeing privacy with a huge plot of land measuring more than 5,000m2 dotted with trees and plants throughout.
On the Asian side of Istanbul, these designer villas are located in Uskudar in the sought after elite area of Kandilli with views across the Bosphorus Sea and Bridge. These houses include home gyms, saunas, and Turkish baths.
High end unique villas located in Torba, boasting incredible sea views and excellent setting within a complex designed by one of the most renowned and sought after developers in all of Turkey – this is as luxurious as you will find.
Found within an excellent complex with shared swimming pool and gardens, this spacious villa is located in Kadikalesi in Bodrum and would suit a family looking to live permanently within the peninsula or someone retiring to sunny settings.
Offering a huge plot of land measuring 1,200m2 in total, this luxury Gumusluk villa offers a little wow factor for those searching for spectacular real estate abroad. Enjoy a highly private lifestyle surrounded by spectacular nature views and secluded away from the hustle and bustle of city life.
This designer villa offers panoramic sea vistas and has been built to luxury standards setting it apart from the rest in bohemian Gundogan in Bodrum. It is home to an abundance of added extras including a sauna, smart technology, and even a movie room.
Stunning family home for sale in the centre of Yalikavak, overlooking the sea with lovely views and recently completed in 2018 to excellent standards throughout – this villa would make for a superb permanent residence.
Full Bosphorus Sea view home for sale in the artistic area of Cihangir, just a few minutes walking distance away from the seafront and close to Taksim Square – you will struggle to find a better listing in this part of the city.
Located right at the seafront in Turkbuku with access to a private beach and water jetty is this outstanding sea view villa for sale – perfect for those looking to obtain a luxury lifestyle in one of the most sought after areas in all of Bodrum.