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.
Whatever your reason for investing in Alanya, this property is a must see and is located in the residential area of Kargicak just minutes away from local amenities and excellent facilities for all your daily necessities and amenities.
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.
This prime hotel is located in Konyaalti area of Antalya and has a fantastic view heading out towards the sea and beach from attached balconies – for anyone looking for a readymade business, this is a unique opportunity.
Not to be on the market for long, this beautiful villa is suitable for Turkish Citizenship and is nestled within the peaceful area of Ovacik in Fethiye – completely furnished and ready for a family to move in immediately.
Enjoy some of the most incredible daily sunsets from your own terrace when you purchase this deluxe villa for sale in Alanya overlooking the Mediterranean with panoramic vistas that have to be seen to be believed – do not miss this.
Built with a touch of luxury throughout, this contemporary project offers designer villas for sale in the district of Konyaalti in the city of Antalya and is just five minutes driving distance away from top blue flag beaches and amenities.
Be at one with nature when you purchase this delightful detached villa in a residential area of Uzumlu within the region of Fethiye in Turkey – this property has its own mature landscaped garden and swimming pool to enjoy.
Large detached five bedroom family house for sale in a residential setting in Ovacik, offered today as fully furnished and ready to move in immediately – this is a must see listing for someone moving to Turkey on a permanent basis.
Brand new and built to luxury standards throughout, this is a unique opportunity to purchase a 5-star property for sale in Kemer area of Turkey, just 2.5km away from the nearest beach and even closer to central amenities.
With access to a range of social facilities and amenities, these spacious villas are for sale in a desired area of Konyaalti close to the Bogacay River project and have been constructed to luxury standards from top to bottom.
Prime located in the heart of Kemer, this magnificent home is just 400 metres away from the seaside and beach for relaxing with your family every day – suitable for those who want to make their move to Turkey a permanent one.
Built to luxury standards throughout, this villa is located within a complex in Dosemealti and has access to a swimming pool and green gardens – ideal for those who are looking to relocate to Turkey with young children.
This free-standing villa is nestled within a private area of Yalikavak centre and is just five minutes away from the famous Marina for sailing opportunities – enquire today to arrange your visit before this one is sold.
Looking out towards the sea and surrounding nature with peaceful views, these high quality homes are located in Izmir area of Turkey and are close to a Ring Road for commuting and living in the region permanently.
Located just 50 metres away from a subway station, these excellent apartments are found in Esenyurt area of Istanbul and are suitable for families wanting to live in the city with flats for sale up to four bedrooms inside.
An opportunity not to miss out on – this incredible villa is found in a residential area of Ovacik in Fethiye and has panoramic countryside views, suitable for family living just 2km away from the lively resort area of Hisaronu.
Just a short walking distance away from the famous beach and amenities, these brand new apartments are for sale within the Konyaalti area of Antalya and are highly recommended as one of our top picks for lifestyle buyers.
Located in the historical setting of Beyoglu within walking distance to Taksim Square and local facilities, these are outstanding apartments for sale at great prices for those looking to live in the central heart of Istanbul close to everything.
Completely furnished and ready to move in, this spacious apartment is just metres away from a private sandy beach within a 5-star complex full of social on-site facilities and things to keep residents entertained all year round.
Overlooking the sea with gorgeous views, this duplex apartment is located in an exclusive area of Kas and is close to daily amenities needed for year round living or spending long summer vacations in Turkey with loved ones.