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.
Stunning villas for a refined lifestyle in Yalikavak within five minutes to the world famous Marina and excellent local facilities and amenities, these properties are gifted private access to a beach and a huge shared infinity pool.
Bodrum
Tucked away in the peaceful area of Tarabya, these designer apartments are just 30 minutes driving distance away from Sisli and Taksim for those looking to live in Istanbul permanently and commute to the centre for work purposes.
Istanbul
Overlooking a beautiful backdrop of greenery and forests, these luxury smart home flats form part of a boutique low rise project in Tarabya fully equipped with social and communal areas providing you with everything you could possibly need.
Istanbul
Accessible to the centre of Istanbul and Taksim within 15 minutes, these high quality apartments are found in Kagithane and are available in sizes ranging from one – four bedrooms with multiple types for buyers to choose from.
Istanbul
Four bedroom detached house for sale in Turkey, located in a peaceful area within walking distance to the centre of Hisaronu where you will find an abundance of local cafes, shops, international restaurants, and daily necessities.
Fethiye
Located just 100 metres away from the world famous Bagdat Avenue where you will find every shopping brand possible is this outstanding development of apartments for sale in Goztepe Kadikoy on the Asian side of the city.
Istanbul
Fully completed and ready to move in, these Goztepe Kadikoy apartments are situated in the Asian side of Istanbul and are perfect for those looking to live and commute towards the city centre European side within a matter of moments.
Istanbul
Located in a residential area of Konyaalti and built to luxury standards from top to bottom, these apartments are close to Bogacay River project and can be purchased today in sizes ranging from two – four bedrooms in multiple types.
Antalya
Perfect for lifestyle buyers looking to live in Istanbul, these Beylikduzu homes feature a unique open concept shopping mall with 113 daily stores to browse, along with swimming pools for men, women, and children, and so much more.
Istanbul
Just minutes away from the nearest shopping mall, Metro station, and top rated schools, these brand new apartments are for sale in Izmir and are suited for those looking to live in the city on a long term basis – a must see development.
Izmir
This is an incredible opportunity to own a piece of history in Istanbul when you invest in one of these designer apartments overlooking the sea in Fatih, just moments away from some of the most important landmarks and tourist spots in the city.
Istanbul
Within walking distance to the marina, this super luxury designer villa is located in a 5-star development in Yalikavak and is built using unique techniques blending wood and natural stone to create a home that stands out for all the right reasons.
Bodrum
Overlooking the valley and countryside of Kayakoy is this beautiful stone house recently renovated and modernised throughout to excellent standards – fully furnished and ready to move in with a private swimming pool in the garden.
Fethiye
Luxury properties for sale in Asian side Uskudar designed by a world renowned architect and implementing a unique foldhome system for residents to use social facilities and having to pay only while using the special rooms.
Istanbul
Enjoying a stunning view out across a mirage of blue sea and green nature, these wonderful apartments are located close to the centre of Bodrum within a luxury development fully equipped with extensive social and communal facilities.
Bodrum
Enjoying panoramic views out towards the Bay of Selimiye and its surrounding mountains is this charming stone built property for sale, suitable for those looking to obtain an authentic lifestyle tucked away in a rural village in Turkey.
Marmaris
These innovative homes are available in sizes ranging from studio – four bedrooms and are located on the Anatolian side of Istanbul in Fikirtepe, just minutes away from amenities and transport options taking you towards the city centre.
Istanbul
These Asian side Fikirtepe properties are found in an area currently undergoing urban regeneration and tick all the boxes for investors and lifestyle buyers, full of 5-star social and communal facilities for residents to use daily.
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
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
Within walking distance to the centre of Dalyan, this detached villa is found in Arikbasi and boasts a large garden with fantastic private swimming pool and established rental income for those looking to make an investment purchase in Turkey.
Dalyan
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
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