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.
Luxury-designed family villa nestled in the Guzelbahce area of Izmir in Turkey – suitable for year round living with private gardens and pools. These quality homes are just minutes away from local necessities and amenities.
Izmir
Private living is guaranteed with this huge expansive villa for sale in Buyukcekmece just metres away from the sea with dramatic views across the ocean and beyond – this is a home for those looking for the very best in Istanbul.
Istanbul
Completely furnished and ready to move in, this tremendous stone built mansion is for sale in a residential area of Dalyan and is a must see property – you will not find many homes better in the Dalyan region than this one.
Dalyan
Directly at the seaside with a panoramic view that will remain forever, this deluxe penthouse apartment is for sale in the sought after area of Konyaalti and forms part of a 5-star project equipped with hotel-like facilities.
Antalya
An investment that combines a superb lifestyle in an up and coming area behind West Marina in Istanbul is this range of properties for sale in a high class project well equipped with everything one would need for day-to-day living in a striking and serene location.
Istanbul
This free-standing villa is nestled within a private area of Yalikavak centre and is just five minutes away from the famous Marina for sailing opportunities – enquire today to arrange your visit before this one is sold.
Bodrum
Available in sizes ranging up to six bedrooms, these new apartments are situated in the highly residential neighbourhood of Cengelkoy in Uskudar and have beautiful views stretching out over the Bosphorus Sea.
Istanbul
State of the art contemporary project just 10 minutes away from Bodrum centre complete with a tremendous view out towards the castle and beyond, designed with spectacular technology, this is a project you cannot miss.
Bodrum
Built to 5-star standards by a top developer, this brand new development is located in a prime area of Konyaalti in Antalya and offers apartments for sale in sizes up to five bedrooms with normal floor and duplexes available.
Antalya
Shrouded in privacy by nature and trees, this spacious villa is found in Zekeriyakoy area of Sariyer and is suitable for family living in a sought after area of Istanbul, just a few minutes away from schools and amenities.
Istanbul
Built to resemble life in California, these deluxe villas are nestled in the peaceful area of Dosemealti and are highly recommended for viewing – you will struggle to find a better family home than this in Antalya.
Antalya
Built to exceptional standards throughout, this magnificent villa is found in Lara area of Antalya and has its own private garden and swimming pool – suitable for buyers that are looking to raise their family in Turkey.
Antalya
Luxury epitomised in this one of a kind home with spectacular open sea views and superb facilities to make your new life in Turkey one to be admired from all fronts. This property truly is a remarkable example of the ilk of real estate that you can find in Turkey today.
Bodrum
Full forest and Bosphorus Sea view villa for sale in an elite compound in the highly sought after area of Sariyer in Istanbul – suitable for escaping from the busy city centre to peaceful living to raise a family abroad.
Istanbul
Looking out towards Buyukcekmece Lake with fantastic views, these spacious villas are nestled within an elite neighbourhood in Istanbul and enjoy their own private landscaped gardens and stunning swimming pools.
Istanbul
5-star luxury-designed villas for sale within the centre of Belek, located just a few minutes away from the nearest championship-quality golf course and situated within their own green gardens with swimming pools.
Belek
Located in the city centre of Istanbul, this commercial property has been tenanted for the last 25 years by a national bank in Turkey and has a ten-year lease remaining for those looking to invest and seeking rental income.
Istanbul
Close to schools, shopping malls, hospitals, and everything else needed for family living in Istanbul are these fantastic Beylikduzu villas for sale – complete with beautiful views out towards the sea and natural settings.
Istanbul
In the middle between a bustling working city, and a serene sandy beach is where you will find this beautiful villa found in a complex of villas designed specifically for family life in the utmost exquisite settings taking care of everything you could think of when it comes to luxury living abroad.
Antalya
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