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.
Looking out across the sea, this fully furnished family house is nestled in the Koyunbaba area of Gumusluk and is just metres away from the beach – suitable for those who want to relocate to Bodrum on a permanent basis.
Bodrum
Surrounded by magnificent views and nature, this picturesque villa is nestled in a peaceful area of Gocek and is completely furnished and decorated – ready for a family to move in as soon as the purchase process is finished.
Gocek
Available at great prices, these quality homes are for sale in the Akarca area of Calis and range from four – five bedrooms for families looking to live just a short walking distance away from the promenade and shops.
Fethiye
An incredible opportunity to purchase multiple villas at a discounted rate in the peaceful area of Islamlar in Kalkan – high rental income and potential to operate as a boutique hotel makes this the ideal buy to let investment in Turkey.
Kalkan
Fully furnished and ready for new buyers to move in immediately, this spectacular villa is nestled within a peaceful area of Calis within the Fethiye region and is just a short walk away from the nearest beach and promenade.
Fethiye
Suitable for year round living in Bodrum, these exclusive Yalikavak properties are just a short walking distance away from everything needed and are highly recommended for viewing – act fast before they have been sold.
Bodrum
This expansive project is branded as a new centre of life and offers absolutely everything you could possibly think of – this is as luxurious as you will find in Istanbul and enjoys a prestigious location in Maslak just 10 minutes away from central areas.
Istanbul
Suitable for use as family homes in Turkey, these spacious semi-detached villas are found within the residential and popular area of Babatasi in Fethiye and have access to their own private gardens and swimming pools.
Fethiye
Luxury apartments situated in the sought after area of Kadikoy on the Asian side of Istanbul, offered today ranging from one – four bedrooms with access to a full range of social facilities and on-site areas for residents.
Istanbul
Within minutes to the world famous Bagdat Avenue, these designer apartments are for sale in Kadikoy area of Istanbul on the Anatolian side of the city and offers units ranging up to four bedrooms for buyers to choose from.
Istanbul
Within a few minutes to the famous Bagdat Avenue, these Fikirtepe properties are some of the best that you will find in this area of Istanbul and form part of an excellent complex fully equipped with a range of facilities.
Istanbul
This is a great opportunity to purchase a lovely semi-detached villa in Dosemealti suitable for buyers who want to apply for Turkish Citizenship – this property is just a short drive away from local shops and amenities.
Antalya
This is a brand new luxury four bedroom house for sale in the residential area of Ciftlik in Fethiye, just minutes away from facilities and close to the local bus route providing direct access to the town centre and Calis Beach.
Fethiye
With four bedrooms inside, this tremendous property is perfect for year round living in Fethiye within the sought after area of Hisaronu and is on the market as completely furnished and decorated from top to bottom.
Fethiye
A luxury 5 bedroom house in Kisla overlooking the sea with that famous Kalkan sea view that attracts people in droves looking for fantastic vacations in Turkey. Completely furnished and ready for you to arrive this summer - take advantage of the size and enjoy high rental income too.
Kalkan
This is a unique opportunity to buy a beautiful home in the city centre of Istanbul in Bomonti with panoramic views heading out towards the city skyline or the Bosphorus Sea depending on location within your apartment.
Istanbul
Alacati stone house just minutes away from the surf and some of the best beaches in the region, this home would make a great residence for someone who is looking to place themselves close to a bustling region set to come up fast in the future - a great investment indeed.
Alacati
Being a working city, Antalya offers you the best of both worlds with several blue-flag beaches and a bustling city working lifestyle to keep you busy. This luxury apartment overlooks the famous Konyaalti beach area and has good links to the centre of the region at the same time.
Antalya
Built to luxury standards by a sought after developer in Fethiye, this magnificent villa is found in a touristic area of Calis close to the beach and promenade lined with supermarkets, shops, and things to do on a daily basis.
Fethiye
Within 100 metres to a Metro station for those commuting and working in Istanbul are these high quality apartments for sale in Kagithane, forming part of a top complex with on-site shops and social facilities to enjoy.
Istanbul
Within walking distance to the world famous Konyaalti Beach in Antalya and fit for year round living in one of Turkey's biggest cities, this apartment is an ideal spot for those looking to relocate abroad permanently to a bustling area with enough year round life to keep you entertained non-stop.
Antalya
Built to meet the requirements of the most discerning of Turkish home buyers this is an exceptional home with some of the best sea and bays views in Kalkan. Affording huge sea facing terraces and a stunning swimming pool the property offers idyllic settings for a summer retreat in the Mediterranean.
Kalkan
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