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.
Priced to sell, this bargain project offers superb apartments for sale on the Anatolian side of Istanbul in the highly residential area of Fikirtepe – a few minutes away from Kadikoy where numerous restaurants and shops are found.
Istanbul
This is a unique opportunity to purchase a stunning apartment or villa in a desired area of Adabuku with picturesque views out towards Tuzla Lake where Flamingos spend their days in the Bodrum peninsula of Turkey.
Bodrum
Looking out across the sea and mountains with incredible views is this rare find villa for sale in the picturesque area of Faralya within the Fethiye region, suitable for year round living with its own private garden and swimming pool.
Fethiye
Recently renovated and refurbished, this is a unique opportunity to purchase two stone houses in the historical area of Kayakoy in Fethiye – situated within a large plot of land with spacious swimming pool and gardens.
Fethiye
These tremendous apartments rise in Kartal area of Istanbul and are situated next to Aydos Forest and just a few minutes away from the Marmara Sea – available in various types and sizes for buyers to choose from.
Istanbul
This detached villa is nestled in Seydikemer area of Fethiye and is perfect for those who are seeking a countryside lifestyle in Turkey – just a short walk away from the nearest town centre full of restaurants and shops.
Fethiye
Suitable for families who want to live on the Anatolian side of Istanbul, this extensive project rises in a residential area and has sea views – all just a one minute walk away from a Metro for commuting and moving around.
Istanbul
This is a historical home for sale in Kayakoy area of Fethiye, nestled in a peaceful area with a stunning view of the legendary Ghost Town and village – this property is a unique option for those who want to live in Turkey.
Fethiye
Residential apartment for sale in the quiet area of Tasyaka on the outskirts of Fethiye, ideal for those who want to live in Turkey permanently and complete with a lovely view of the sea – this is a must see listing.
Fethiye
On the market at a bargain price, this fantastic garden floor apartment is nestled in a peaceful and highly residential neighbourhood in Konyaalti area of Antalya and is just 200 metres away from the nearest public beach.
Antalya
This villa has been refurbished and is on the market as completely furnished for an easy transition to living in the Calis area of the Fethiye region – just a few minutes away from all local amenities and daily necessities.
Fethiye
Constructed using locally sourced stone of the highest quality, these spacious villas are nestled in a private and residential area of Gumusluk in Bodrum – just a few minutes away from the nearest beach and amenities.
Bodrum
Looking out across the sea with a panoramic view, this incredible apartment for sale is found in an elite neighbourhood of Yenikoy in Istanbul and is suitable for those who want to live away from the bustling city centre.
Istanbul
Tucked away in the peaceful area of Zekeriyakoy in Istanbul, this spacious detached villa is nestled within its own private green garden and has four bedrooms inside for a family of up to eight people to live together comfortably.
Istanbul
These apartments have Title Deeds in place and are now fully completed – ready for buyers to move in and available up to four bedrooms in the residential and fast-developing area of Umraniye on the Anatolian side.
Istanbul
In a fast developing area of Istanbul, these brand new apartments are for sale in Kartal and enjoy panoramic views out across the sea and Princes Islands – located just metres away from a Metro for daily commuting.
Istanbul
Forming part of an exclusive development of single-floor villas, these spacious properties are perfect for year round life in Yalikavak in Bodrum and are just five minutes away from the famous Marina and vibrant centre.
Bodrum
Next to Aydos Forest with spectacular nature views on one side and Marmara Sea views on the other side are these apartments for sale in Kartal area of Istanbul – available in various different types and sizes to choose from.
Istanbul
Built to luxury standards are these 5-star villa for sale in Buyukcekmece, just minutes away from the Lake for relaxing, walking and picnics – these spacious properties have access to a full range of social and communal facilities.
Istanbul
Facing towards the West with a picture-perfect daily sunset, this supreme villa is available in Yalikavak area of Bodrum Peninsula today and has been constructing using stunning unique architecture and design throughout.
Bodrum
Available in sizes up to four bedrooms, this contemporary project offers modern apartments for sale in the Sefakoy area of Kucukcekmece and is close to public transportation for moving and commuting to the centre.
Istanbul
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