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.
Boasting several world class features and facilities that would make even the best 5-star hotel pale in comparison, this uber modern apartment is found in the famous Sky Tower in Istanbul and is certainly up there with some of the best current properties available for sale in the city.
Istanbul
At the seafront with spectacular views, these properties are found in Halic at the Golden Horn in Istanbul and have access to 5-star facilities including an on-site hotel, shopping mall, and a plethora of restaurants and shops.
Istanbul
Literally at the seafront is this exotic villa with amazing view and spectacular features in the pretty area of Cesme. A short drive will take you to the marina and town centre where you will find all the expected amenities. This is as good as it gets in Cesme - a must see.
Cesme
With access to a private beach and jetty area just steps away from your magnificent home, this stunning property in Yalikavak offers natural beauty within an exclusive development nestled away in private settings for those looking to escape to the Bodrum hillside.
Bodrum
Brand new modern homes perched literally at the seafront in Kumbahce Central Bodrum, enjoying tremendous views out towards the sea and Castle. These are elite properties that will not be on the market for long.
Bodrum
20 metres away from the famous beach in Calis is this frontline property for sale with dramatic sunsets visible from balconies and a private swimming pool – this is one of the top houses that you will find in this area of Fethiye today.
Fethiye
Having a private swimming pool within your home is something considered as a luxury facility, so what about having two private swimming pools? These properties in Kalkan offer you just that, as well as some of the most striking and beautiful sea views you could imagine.
Kalkan
Just a couple of minutes away from Yalikavak Marina are these unique residences for sale within one of the very best projects in the entire peninsula – this is a golden opportunity and one not to miss out on.
Bodrum
5-star sea view residences for sale in Yalikavak with access to a beautiful private beach and wonderful setting just five minutes away from the Marina – these homes cater towards those looking to achieve a luxury lifestyle in Turkey.
Bodrum
With five years left on the current rental agreement, this is top investment opportunity for those looking to buy commercial real estate in Turkey situated in a residential area close to daily amenities and public transportation.
Istanbul
You will struggle to find a better property in Faralya than this outstanding five bedroom deluxe villa shrouded in privacy with panoramic sea views from all levels and a spacious garden with large infinity swimming pool to enjoy.
Fethiye
This is a fantastic opportunity to purchase an entire building for sale in Karakoy area of Istanbul, located just a short walk away from the sea with lovely views and suitable for someone looking to renovate a building in Turkey.
Istanbul
This panoramic sea view designer property is found in Kalkan and is on the market today as completely furnished and ready to move in immediately – situated just ten minutes walking distance away from the town centre and amenities.
Kalkan
Completed and ready for buyers to move in, these spectacular apartments rise in a peaceful and residential area of Uskudar in Istanbul and are just a few minutes away from a Metro and Metrobus for city commuting.
Istanbul
Ultimate luxury residences forming part of an elite project – this is one of the most spectacular projects you will find in all of Turkey, let alone Bodrum and is highly recommended for viewing as one of our top picks in the region.
Bodrum
By owning a home within this spectacular estate, you are guaranteeing yourself a luxury lifestyle with access to a private beach and beach club, a water jetty, and huge impressive swimming pool just to name a few.
Bodrum
Looking out across the Bosphorus Sea with magnificent views, this luxury-built apartment is for sale in the desired Cihangir neighbourhood of Istanbul and is just two minutes walking distance away from the Galata Tower.
Istanbul
Just minutes away from the ocean and with access to a private beach, this stunning project is a beautiful opportunity for someone seeking an elite class of living in Bodrum. Close to the town centre, this one ticks all the boxes.
Bodrum
With views out towards the sea, this tremendous hotel is located in Sultanahmet area of Istanbul and has years of profit attached to it – the ideal business for an investor and just a short walk to the Blue Mosque.
Istanbul
Looking out towards the sea from an elevated position, this charming house is for sale within a residential area of Cukurbuk in Gumusluk area and is on the market today as completely furnished and decorated throughout.
Bodrum
Continue with Google
