Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
Constructed by one of the top developers in the peninsula, this project is built in partnership with a worldwide famous hotel chain in Turkey and is situated just metres away from a private sandy beach and bay.
Overlooking the Bosporus Sea and Bridge with commanding views stretching endlessly, these luxury designer properties are located in Uskudar on the Asian side of the city and are just minutes away from the European side and city centre.
Invest in the central heart of Istanbul when you purchase one of these incredible properties for sale in Nisantasi – forming part of a prestigious complex featuring an on-site shopping mall and access to an Underground.
These 5-star properties are located at the beachfront in Turkbuku and provide access to a sandy beach and wealth of on-site social communal areas for a luxury lifestyle in Turkey – choose from apartments and villas available.
Do not miss out on this exceptional bungalow-style villa for sale in the Konacik area of Bodrum, nestled just five minutes from the town centre with tremendous views heading out towards the sea and natural surroundings.
Built using locally sourced stone of the highest quality is this charming detached villa for sale in the Kas Peninsula of Turkey - overlooking the sea with wonderful views form a private garden and swimming pool to enjoy.
Located on the marina side of Kas, the home has access to a shared jetty and sea platform – perfect for sea lovers or people who own boats or yachts. The marina itself is only a few minutes away and is one of the best along the coastline.
Designed with eco-friendly technology and constructed with cutting-edge design throughout, these properties are situated right on the sea and have access to a private beach and stunning hotel facilities as part of a luxury 5-star hotel.
With panoramic views of the sea, this luxury-designed villa is on the market today as completely furnished and decorated in Yalikavak area of Bodrum and is just ten minutes walking distance away from the Marina.
Looking out towards the sea with panoramic views stretching endlessly, this world class villa forms part of an elite project within Yalikavak area of Bodrum and is just minutes away from the sea with access to a beach.
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.
Our very own designed villa Sandyma in Bodrum Yalikavak is a hugely contemporary and modern one of a kind amazing property perched above the state of the art Palmarina Bodrum in an idyllic location offering a plethora of luxury features and some of the best views in the entire region - this one is an absolute must see, simply breathtaking.
Charm Blue - Located directly at the seafront, these luxury apartments are for sale in Zeytinburnu area of Istanbul close to public transport for commuting and forming part of a 5-star complex fully equipped with social areas and on-site facilities.
Built to exceptional standards throughout, these mansion-style villas are located in an elite area of Yalikavak with panoramic sea views stretching endlessly – these are some of the most impressive that you will find in Bodrum.
This 5-star panoramic sea and Castle view villa forms part of one of the most sought after exclusive estates in the heart of Bodrum Centre and is for sale today as completely furnished and ready to move in immediately.
Located at the seafront in Istanbul, these Zeytinburnu villas form part of an Ottoman Palace with access to a full range of social facilities and on-site areas including a stone square with restaurants and daily shops to enjoy.
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.
Combining all four elements of life is this project of 23 detached and semi-detached villas in the hills of Yalikavak in private settings, setting the standards of real estate for years to come. The developers have achieved one of a kind project blending into natural settings for pure satisfaction.
Stone built private mansions for sale at Demirbuku Bay in Bodrum, just a few metres away from a 1.5km shoreline and beach for relaxing at the seaside or sailing some of the best sailing routes in the peninsula.
Located in Sultanahmet area of Istanbul, this boutique hotel has all the makings of a superb investment in Turkish real estate for someone looking to purchase a readymade business within walking distance to historical landmarks.
For sale at the beachfront in Turkey, this luxury property is found in Bozbuk area of Bodrum and has tremendous views of the natural surroundings – suitable for families and those looking to apply for Citizenship.