Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
Real Estate
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 the Antalya countryside is this stone villa offering an authentic approach to life in Turkey, all while being just 15 minutes away from the famous blue flag beaches and bustling city centre and facilities.
Antalya
Completely furnished and just metres away from a sandy beach is this modern villa for sale in Calis area in Fethiye ready to move in immediately. With a great rental income and space to fit up to 10 people, this property has it all in abundance and is one not to be missed.
Fethiye
Just metres to the sea areas is this beautiful modern villa for sale in Kalkan, a great opportunity for those looking to buy in Turkey's next top destination for overseas real estate - Kalkan. Overlooking Kalamar Bay and enjoying great views throughout, this is a must see listing for those looking for something special.
Kalkan
This villa is at the very top of luxury living in Kalkan and epitomises the quality of real estate that you can find in this charming area of Turkey today. Found in a beautiful location close to the harbour and with breath taking sea views.
Kalkan
This is one of the most impressive and comprehensive projects to come out of Ovacik in recent times. Complete with boutique hotel, the project offers villas at apartments and is an absolute must see for extravagant living.
Fethiye
Calis has long been one of the favourite spots for those who are looking to move to Fethiye or enjoy long summer periods in the region with their families. This luxury five bedroom home would rent exceptionally well in the tourism market come the summer period.
Fethiye
In an elite area of Beylikduzu with good links to Istanbul city centre are these wonderful apartments offering a striking investment potential for someone looking to move today. The developer has confirmed price increases of 50% to completion, making this a superb opportunity.
Istanbul
Set in lush surroundings of forestry and nature, these Tasyaka apartments range from one – three bedrooms and offer an idyllic setting for living all throughout the year in Fethiye within walking distance to amenities.
Fethiye
Within easy distance to a popular beach area is this spacious apartment for sale in Antalya offering four bedrooms and a range of amenities close by, making this a suitable residence for someone looking to move to this bustling city with their family.
Antalya
With marvellous sea views, 5 spacious bedrooms to enjoy, and a large private swimming pool - this luxurious home has everything you could want in one of Turkey's most loved and sought out regions in Kalkan just minutes away from restaurants and top bars.
Kalkan
Just 150 metres away from this project entrance is a new Metro Underground line set to be opened in 2018, resulting in property prices increasing sharply. This is an excellent opportunity to purchase a home in Istanbul.
Istanbul
Do not miss out on this opportunity to invest in these hotel-like residences before they have even gone to market properly. Expect to see huge price increases on these properties before completion at the end of 2017. An opportunity like this doesn't come about too often.
Istanbul
250 steps are all it takes to walk to the nearest beach from this charming boutique mansion residence in the popular area of Gerisalti in Yalikavak. This is a sublime business and investment opportunity in Turkey.
Bodrum
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
A very popular choice amongst fellow expats and foreigners who are deciding on Calis as their destination for purchasing overseas real estate. These lovely units have a high rental potential and would make for perfect holiday homes in a central location in a tourist resort by the sea.
Fethiye
Within walking distance from the famous Konyaalti Beach, these luxury apartments in Turkey are designed to demonstrate their beauty in every manner, and have a large abundance of features and facilities that are all well worth the price.
Antalya
Konyaalti is one of the most sought after districts in Antalya for expats and second home buyers looking to spend long summers in Turkey. Home to an amazing blue flag beach, it’s easy to see just why so many love this region of Turkey.
Antalya
Close to the sea, double sized bedroom, city life mixed with beach life, what more could you want from you bargain Turkish home? These Antalya apartments also boast idyllic mountain views and blends the best of natural and city lifestyle.
Antalya
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