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 five minutes walking distance to the centre of Dalyan, this charming home has five bedrooms and could accommodate the largest of families looking to live permanently and relocate to Turkey with their loved ones.
Dalyan
In the city centre of Istanbul, these Taksim apartments are just a short walking distance away from Istiklal Avenue and are a must see for those looking to buy within an area of historical and cultural significance that is undergoing regeneration.
Istanbul
Constructed to luxury standards by a top developer in Fethiye, this new detached villa is found in a residential area of Calis and is just a short walk away from the famous beach for relaxing and spending time at the seaside.
Fethiye
Built to luxury standards by a sought after developer, these fantastic apartments are located in Cesme and have access to landscaped gardens and a swimming pool for relaxing and spending endless summery days outside.
Cesme
Surrounded by pine trees and valley views, this spectacular house is for sale in a peaceful area of Ovacik and is completely furnished and ready for new owners to move in as soon as the purchase process has been finalised.
Fethiye
Looking like its just stepped out of a designer home magazine, this luxury villa is a cut above the rest when it comes to outstanding real estate in Dalyan, built with clean lines and inspiring architecture from top to bottom.
Dalyan
Tastefully renovated throughout to excellent standards, this traditional house is situated in the very centre of Kemer in Turkey and is for sale at a great price for someone looking to raise children within walking distance to everything.
Kemer
This is a unique opportunity to purchase two stone built villas in a peaceful area of Bodrum, close to Yakakoy Village with beautiful nature views – these homes both have their own gardens and room for relaxing outside.
Bodrum
Looking out towards the sea with a fantastic view, this tremendous ten bedroom villa is for sale in the highly residential area of Buyukcekmece in Istanbul and is suitable for the largest of families to live a comfortable life.
Istanbul
This is an exciting opportunity to purchase a brand new apartment in the Lara district of Antalya, situated close to everything needed and just moments away from public transport for moving around the city on a daily basis.
Antalya
This apartment overlooks the sea with incredible views and is moments away from Duden Waterfall for those looking for a life of luxury in Antalya – you will struggle to find better than this 5-star residence with hotel facilities available.
Antalya
Surrounded by green spaces and views, this peaceful villa is for sale in the Silivri area of Istanbul and is suitable for Turkish Citizenship by Investment applications – ideal for those wanting to live with their families.
Istanbul
Suitable for Citizenship applications, this fantastic sea view villa is for sale in a peaceful area of Bardakci Bay in Bodrum Town centre and has recently been renovated – on the market today as completely furnished throughout.
Bodrum
Located in Lara district of Antalya, these contemporary apartments are for sale at bargain prices and form part of an excellent complex with social facilities including a swimming pool, landscaped gardens, and fitness centre.
Antalya
Invest in a ready made business on the main street of Calis just metres from the beach and promenade. This apartment block offers 14 one bedroom units and is fully furnished and ready for you to take over today.
Fethiye
Everything inside this house is customisable by the buyer – number of bedrooms, bathrooms, living rooms – create the home of your dreams in the highly sought after Buyukcekmece area of Istanbul with a gorgeous sea view.
Istanbul
Built to luxury standards by a sought after developer in Kalkan, this sea view property is located in Kalamar Bay area and is a must see for those wanting to relocate to Turkey on a year round basis with their loved ones.
Kalkan
Long term tenanted apartment for sale in the desired area of Bagcilar in Istanbul, situated within a top complex with social facilities and spaces for residents to enjoy including a gym, swimming pool, and landscaped gardens.
Istanbul
This mansion-style villa is tucked away in the green settings of Kemerburgaz in Istanbul, perfect for year round city living with your family and situated within a huge plot of land featuring a large swimming pool.
Istanbul
Five bedroom sea view house listed for sale as completely furnished and decorated from top to bottom, ready to move in and found in a residential area of Kalkan just a few minutes away from beaches and famous restaurants.
Kalkan
Surrounded by nature and greenery, this spacious villa offers a private lifestyle for those looking to escape from it all in Turkey – this charming house is situated in Dosemealti and is only 15 minutes drive from Antalya city centre.
Antalya
Completed and now ready for buyers to move in, these apartments are situated in Kagithane area of Istanbul within ten minutes to Taksim and other central areas for those looking to live and work in the city centre.
Istanbul
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