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.
A ten minute walk from local restaurants, shops and supermarkets, this villa is set in the perfect location for those who are looking for the best of both worlds – from relaxing by the pool at home to shopping for local delicacies.
Kalkan
Integrated into the natural surroundings and settings, this uniquely designed home is for sale in the peaceful area of Seferihisar in Izmir and has been constructed using locally sourced stone and the highest quality materials.
Izmir
Suitable for Turkish citizenship applications, these apartments are for sale in the Kosuyolu area of Istanbul on the Anatolian side of the city and are now fully completed and ready for buyers to move in immediately.
Istanbul
Holiday apartment nestled within a peaceful area of Side in Antalya – this property is on the market today as completely furnished and decorated, suitable for those looking to spend long summer vacations in Turkey.
Side
Built using locally sourced stone, this magnificent villa is found in a residential area of Side in Antalya and has its own garden and swimming pool – all just a short drive away from the popular beaches and daily amenities.
Side
These delightful residences have fantastic views heading out towards the sea and natural surroundings of Adabuku within the Bodrum peninsula – on the market today at excellent prices and forming part of a top project.
Bodrum
Looking out towards the sea and Greek Islands with an exceptional view, this fully furnished villa is for sale within a gated community in Yalikavak area of Bodrum and has its own private swimming pool and garden.
Bodrum
This project boasts separate social facilities for men, women, and children to spend time with their friends and is located in Mudanya in Bursa, enjoying a tremendous view from large terraces and available in sizes up to five bedrooms.
Bursa
This is an excellent opportunity to purchase a bargain priced residential home in Fethiye Town when you snap up an apartment within this complex featuring a shared swimming pool and beautiful green landscaped gardens.
Fethiye
Forming part of a 5-star project designed and built by a top developer in Istanbul, these flats are available in sizes ranging up to four bedrooms and are minutes away from the famous Lake with beautiful views.
Istanbul
Completely furnished and ready for buyers to move in today, this spectacular garden floor apartment is for sale in the heart of Bodrum Centre and is just a short walking distance away from central amenities and shops.
Bodrum
Rising in the city centre of Istanbul, these luxury-designed apartments are found in Besiktas and have fantastic views out towards the Bosphorus Sea – this is a top pick for those looking to live in Turkey permanently.
Istanbul
Offering a 5-star lifestyle for everyone who invests, these brand new apartments are located in Buyukcekmece Lake area of Istanbul and form part of an excellent development with a full range of social and communal facilities.
Istanbul
The ideal family homes in Izmir, this new project is found in a residential area and offers an extensive range of social and communal facilities within – this is one of our top picks in Izmir and is one not to miss out on.
Izmir
Built to luxury standards throughout, this deluxe apartment is for sale at the front of the sea in the sought after area of Gocek in Fethiye and has tremendous views and access to shared social facilities including a swimming pool.
Gocek
Forming part of a high quality complex with access to green mature gardens and a central swimming pool are these fantastic apartments in Adabuku for sale, nestled just a short distance away from local amenities.
Bodrum
Resale apartment within the residential neighbourhood of Uncali in Konyaalti – this property is situated within a peaceful complex with gardens and parking for vehicles. For all information, please enquire today.
Antalya
Located in Fikirtepe just a short walking distance away from a Metrobus and Metro are these brand new apartments for sale in Istanbul, available today in sizes ranging from one – five bedrooms for small and large families alike.
Istanbul
Suitable for year round living in Izmir, these new apartments can be purchased in sizes ranging up to three bedrooms and have delightful sea views – all just moments away from public transport and daily lifestyle amenities.
Izmir
One of the top complexes to come out of Calis area in recent years, this new development has been constructed around a stunning lake and offers apartments and villas for sale in multiple types and sizes for buyers.
Fethiye
Enjoying incredible views of the sea and surroundings, these fantastic properties are for sale in the sought after and peaceful area of Adabuku within the Bodrum peninsula and are just 15 minutes away from the airport.
Bodrum
Duplex apartment on the outskirts of Fethiye Town centre, looking out across the green nature and surroundings with fantastic views to be seen – this is a must see for those who are relocating to Turkey with children.
Fethiye
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