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.
Tucked away in a peaceful area of Uzumlu, these brand new bungalow style properties are suitable for retiring to a quiet part of Fethiye and have spacious green gardens with infinity swimming pools to enjoy.
Designed and built to immaculate standards, this detached villa for sale is just a short walking distance away from the centre of Hisaronu full of popular bars, high quality restaurants, and nightlife to enjoy all year round.
Suitable for an Airbnb investment, this tremendous building is located in the heart of Beyoglu in central Istanbul and consists of five apartments in total – ready to be rented out as soon as the purchase has been finalised.
If you are looking for something with that added five-star potential, one of these stunning villas for sale could be just what you have been seeking. Sitting in an estate of only seven properties in total, each one offers maximum privacy and some of the best views in the whole peninsula.
Designed to elite standards and surrounded by nature at every corner, these completely private villas are located in Arnavutkoy and are just 30 minutes away from the city centre of Istanbul for commuting and raising a family in Turkey.
Offering a modern yet authentic design, these villas have been designed by a famous Turkish architect and there are only 5 in total available in Gumusluk, Bodrum. Overlooking the bay, the location is one to be desired, while the design is one to be admired.
Rare find villa for sale in the central heart of Bodrum, just a short five minute walking distance away from the Marina and Yacht Club, perfect for residential living for those looking to make a full move to Turkey with a family.
Furnished and ready to move in, this spacious villa is found in the lovely area of Kemer and is just a short 5 minute drive away from the nearest beach and features a private pool and garden with separate maid’s apartment.
Set within the aptly named million dollar neighbourhood in Torba, this property for sale oozes a standard of luxury real estate setting a new trend for the future of the Turkish market. Enjoy the amazing panoramic nature views and lavish in the location being just 500 metres away from the seafront.
This is a once in a lifetime opportunity for you to own a highly exclusive home on the paradise that is known as Sovalye Island in Fethiye. With private beach access, a swimming pool, and stunning interior and external design - this is one of the best properties on the entire island.
With not one, but two private swimming pools, this villa in Kalkan is an admired luxury home with superb sea views from every bedroom inside - the modern contemporary design is such a spectacle that the residence will stand out amongst the rest - for all the good reason of course.
Known for luxury sea views and elevated positions ensuring stunning scenery and landscapes, Kalkan is one of the most sought out regions for those looking for international real estate in Turkey. Just look at the view offered with this one and tell us this doesn't whet your appetite.
A large family home in Ovacik for sale completely furnished and sold as is - make this your new residence in sunny Ovacik and move in immediately. Set within a family complex with the added bonus of having a self-contained apartment on the ground level.
Magnificent private villa in Kemer offering you the opportunity to escape from life to your own little world in Turkey. With 6 spacious bedrooms inside, there is more than enough room to bring the whole family with you, maybe even two families. A luxury home.
This one of a kind villa is well placed in Kemer within walking distance to all local amenities, while good transport links will take you around the region in moments. Inspiring luxury throughout, this beautiful home is the perfect choice for a family looking to relocate permanently.
Literally at the seafront is this exotic villa with amazing view and spectacular features in the pretty area of Cesme. A short drive will take you to the marina and town centre where you will find all the expected amenities. This is as good as it gets in Cesme - a must see.
A charming home in reach of beaches and a bustling community centre is this idyllic property for sale in the Alacati region of Turkey offering three bedrooms and a lovely garden in the sun-drenched area ready to be moved in immediately after the purchase has been completed.
Nestled away in Kemer is this elegant listing within easy distance to the sea and a bustling city area. A great option if you are looking to enjoy life with the best of both worlds at your fingertips. A modern design and large swimming pool make this an excellent choice all around.
Built over a huge 800sqm plot of land, leaving lots of space for the whole family. Found in Ortaalan, the villa is extremely private and enjoys uninterrupted views over Kalkan Bay, the Mediterranean Sea, and Kalkan Town
Just metres away from the sea area is this authentic style five bedroom house with amazing panoramic views and a touch of class throughout to make it ideal for long term living on the peninsula. A large swimming pool and good sized landscaped gardens complete this residence.
Known as the white house property, this listing has access to its very own private beach. It has been custom designed to the maximum and there are several features that the owners can custom to their own requirements and needs. A chance to put your own spin on a luxury home in Turkey.
Large sized home in off plan condition offered for sale at a pre-sale bargain price giving you the perfect opportunity to snap it up before completion in April 2015 just in time for a long summer getaway to the most sophisticated and charming region you will find in all of Turkey.
Custom your own luxury villa in Alanya with this superb home boasting a spectacular design that will not be out of place in some of the most luxurious locations around the world. The only difference? This one would be a snip of the price you could pay elsewhere. A modern villa.