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.
Within ten minutes to the main town of Fethiye or the world famous Oludeniz Beach, this charming apartment is found in a residential area of Ovacik and is on the market today as fully furnished and ready to move in.
Fethiye
Fully furnished villa for sale in a residential area of Side, overlooking the sea and mountains with tremendous views stretching endlessly – this property is ready to move in immediately and has its own private garden and swimming pool.
Side
In a residential area of Fethiye, this duplex apartment is a bargain for someone looking to raise a family in a friendly area of Turkey just five minutes away from the town centre and within 15 minutes to the famous Calis Beach.
Fethiye
Constructed to luxury standards from top to bottom, this magnificent villa offers a spacious outdoor swimming pool as well as a heated indoor swimming pool and is on the market today as completely furnished and decorated.
Fethiye
Located within the heart of Bodrum is this beautiful house with its own private landscaped garden and large swimming pool with lovely sea view – this property is a must see for those who want to relocate to Turkey.
Bodrum
Ready to move in immediately, this spacious apartment is just minutes away from the nearest beach in the trendy area of Antalya and has access to a full range of social communal areas including a spacious pool and gardens.
Antalya
Tucked away in peaceful surroundings, this spectacular house is for sale in the Incirkoy area of Uzumlu and has lovely nature views from all windows – an ideal home for those who are looking to escape to the countryside.
Fethiye
Franchise restaurant business for sale on the Anatolian side of Istanbul in Uskudar – this is a golden opportunity that will not be available for long, situated within a famous shopping mall visited by thousands of people every day.
Istanbul
Rising in Kartal on the Anatolian side of Istanbul, this charming apartment is for sale at a great price and is suitable for year round living in Turkey – situated just a short walking distance away from the seaside.
Istanbul
With a view heading out towards the sea and surrounding nature, this beautiful plot of land is found within the peaceful area of Bezirgan in Kalkan and is ideal for those who are looking to build their own dream home in Turkey.
Kalkan
Completely furnished delightful two bedroom apartment for sale in the Old Town of Side, within walking distance to supermarkets, bakeries, and shops – the residence would make for a great summer home with the added bonus of high rental potential.
Side
Completed ready to move in, this spacious property is located in Marmaris and forms part of a residential complex with access to a shared swimming pool, all just minutes away from local amenities and daily necessities for life.
Marmaris
With five years left on the current rental agreement, this is top investment opportunity for those looking to buy commercial real estate in Turkey situated in a residential area close to daily amenities and public transportation.
Istanbul
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
This prime location resale apartment is found in Konyaalti area of Antalya and forms part of a superb complex with shared swimming pool and landscaped gardens for relaxing – this flat is ready to move in today.
Antalya
Situated in Akarca area of Fethiye, this delightful house has everything in place for year round living in Turkey with a large-sized family and is just a few metres away from the seaside and within ten minutes to all amenities.
Fethiye
Close to all local amenities and transportation, these high quality properties are located in Buyukcekmece area of Istanbul and have tremendous sea views – this is a project that you simply do not want to miss out on.
Istanbul
Built to 5-star standards, this hallmark project is one of the finest examples of luxury real estate to come out of the Konyaalti district of Antalya in recent years – featuring a hotel, shopping mall, and residences.
Antalya
Two minutes away from West Marina and surrounded by greenery and sea views, these magnificent properties are for sale in Beylikduzu area of Istanbul and are perfect for family living away from the city centre.
Istanbul
Enjoy stunning views on a daily basis when you purchase this luxury apartment for sale at the sea front in Gocek area of Turkey – this is a must see for those who enjoy sailing with a marina and sea accessible in moments.
Gocek
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