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 easy walking distances to West Istanbul Marina, these modern apartments have everything in place for buyers wanting to live in the city on a permanent basis and form part of a quality complex equipped with facilities.
Istanbul
These beautiful properties are available for purchase as either apartments or villas and are nestled between Gumusluk and Turgutreis – complete with access to a private sandy beach guaranteeing your spot at the seaside.
Bodrum
This bargain priced apartment is for sale in central Fethiye and is just a short walking distance away from daily amenities and public transportation options – suitable for those looking to move to Turkey with their loved ones.
Fethiye
Close to the beach and listed for sale today at a bargain price, this three bedroom residence is completely furnished and decorated from top to bottom, ready for new owners to move in and enjoy long summer vacations in Side, Antalya.
Side
With access to its own private beach club and sea, this is one of the most outstanding properties for sale in the Kalkan region of Turkey that you will find today – completely furnished and ready to move in immediately.
Kalkan
Fully completed in 2019 to excellent standards throughout, this brand new project offers apartments in Konyaalti area of Antalya and is just minutes away from amenities including daily supermarkets and sought after restaurants.
Antalya
Suitable for year round living in a highly desired area of Fethiye, these new Calis villas form part of a small project and have gardens and swimming pools – what more could you ask for? Arrange a visit by calling us today.
Fethiye
This wonderful hotel is located in Cesme area of Turkey and is just 100 metres away from the sea and even closer to local shops and amenities – this is a readymade business for someone looking to move to Turkey in the near future.
Cesme
Completely furnished and ready to move in immediately, this triplex apartment is located in the heart of Gocek and has a fantastic view of the sea – just a few minutes away from the nearest marina for sailing opportunities.
Gocek
Furnished and ready for a new family to move in immediately, this charming detached house is located within Hisaronu area of Fethiye and is a must see for those looking to relocate to Turkey on a permanent basis.
Fethiye
This state-of-the-art project is located in Gumusluk and is just a short elevator ride away from an extensive private beach area meaning that residents will always find their private spot besides the ocean on a daily basis.
Bodrum
Luxury apartment offering tremendous views and a superb location for year round living in the Konyaalti area of Antalya with a family – this flat enjoys access to 5-star social facilities and is a top pick that won’t be available for much longer.
Antalya
Suitable for year round living in Turkey is this spacious apartment for sale in a residential area of Konyaalti, just three minutes walking distance away from the beach and within close proximity to all daily amenities including shops and supermarkets.
Antalya
Available at an incredible bargain price, this two bedroom residence is found in a quiet area of Fethiye and is just minutes away from the beach and town centre full of life and things to do on a daily basis with a family.
Fethiye
Elite properties for sale in Nisantasi area of Istanbul, forming part of a 5-star development equipped with an on-site shopping mall and direct access to a Metro Underground for those commuting around the city.
Istanbul
Overly spacious apartments rising within the residential area of Gunesli in Bagcilar area of Istanbul, nestled close to the Basin Express investment zone and within a five minute radius of three different shopping malls.
Istanbul
Title Deed ready, these modern apartments are for sale in Dalaman and are just five minutes away from the International Airport and nearest sandy beaches – ideal for those looking to spend long summers in Turkey.
Dalaman
Spacious family home for sale within a residential compound in Zekeriyakoy area of Sariyer, suitable for permanently living in Istanbul with loved ones just a short two minute driving distance away from a British school.
Istanbul
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