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.
Ideal for Turkish Passport by Investment applications, this project offers low-rise homes for sale within the peaceful area of Kemerburgaz in Istanbul and has panoramic views heading out towards the surrounding nature.
Istanbul
Located just 100 metres away from the world famous Bagdat Avenue where you will find every shopping brand possible is this outstanding development of apartments for sale in Goztepe Kadikoy on the Asian side of the city.
Istanbul
300 metres away from the famous Marina, these luxury-designed villas are suitable for buyers who want to apply for Turkish Citizenship by Investment and have their own private gardens and large swimming pools to enjoy.
Bodrum
Luxury project of high profile apartments for sale in one of the most sought after and desired locations in Istanbul for raising your family. These Tarabya homes are situated in an elegant spot, just 20 minutes away from Taksim.
Istanbul
Located in a residential area of Fethiye, this brand new designer villa is found in Ciftlik and has its own private garden with large swimming pool to enjoy – this property is just minutes away from the nearest town centre and all daily amenities.
Fethiye
Set to be completed in June 2015, these luxury villas in Kalkan incorporate everything about modern real estate today that is great. Offering superb sea views and located just a short 15 minute walking distance to the water itself, there are only a couple of these ones available.
Kalkan
Breath taking sea views are guaranteed when you purchase this idyllic four bedroom luxury villa for sale in a residential area of Kalkan, just moments away from some of the best rooftop restaurants and famous amenities in the region.
Kalkan
Built to excellent standards by a top developer in Kas, this brand new villa is found in the Bayindir area and offers lovely views out towards the sea and surrounding nature from a private infinity swimming pool and garden.
Kas
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.
Kalkan
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
For those looking for beach front living, look no further than this lovely Calis Beach home found just 50 metres away from the sandy beaches - a perfect family home for those looking to move to Turkey with children and looking for an area with other expats and families.
Fethiye
Within a walking distance to both the town centre and the nearest beach, this bargain priced villa is the ideal solution for those who are seeking a high quality home within a sought after complex of other expat families and friendly neighbours.
Gocek
The perfect holiday destination, Belek offers a huge amount of sporting activities ranging from 17 championship golf courses, to shopping facilities and more. Found in a newly built residential complex, the house would be ideal for someone looking for a second home abroad.
Belek
Recently completely renovated, this classic village house has maintained its sense of charm and authentic appeal for those wanting a slice of Turkish history in the popular seaside area of Side. Famed for its sandy beaches and ancient ruins, Side is a wonderful setting for summer holidays.
Side
Within easy walking distance to all local amenities including lovely restaurants and bars is this family home offering five large bedrooms and a large garden. Listed as fully furnished, you and your family can be enjoying all that is good about Kalkan just in time for summer.
Kalkan
On the front row to the sea is this luxury apartment in the working city of Antalya found just infront of a large park where you can go running and enjoy the beachside views. Good links also take you to the city centre within moments, a great location overall for life abroad.
Antalya
This lovely villa is in a highly desired location between the beach and town centre in Side - both within easy walking distance. Complete with a private swimming pool and a rental contract in place, this home has a lot of potential as both a year round home or as an investment purchase.
Side
Sitting in a large private plot of land, this listing offers 5 spacious bedrooms and is priced competitively in the market for a villa of this magnitude. Enjoying scening sea views and positioned close to the bustling area of Oludeniz in Fethiye - an ideal choice and easy decision.
Fethiye
Oozing luxury from head to toe is this fabulous fully furnished villa found in Alanya offering breathtaking sea views against the natural backdrop of the Taurus Mountains. Close to both the town centre and within walking distance to sandy beaches. A great investment.
Alanya
Nestled in a peaceful area of Uzumlu in Fethiye, this tremendous detached villa has its own private landscaped garden and large swimming pool for relaxing outside on a daily basis with lovely views of the green surroundings.
Fethiye
Prime apartments for sale directly at the beach in Konyaalti area of Antalya, suitable for those looking to obtain Turkish Citizenship by real estate investment within a top complex with a full range of on-site social and communal facilities.
Antalya
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