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.
Contemporary residences tucked away in Bursa, one of the cleanest and healthiest spots in Turkey for those looking to attain clean living surrounded by nature at every turn. Enjoy the day trips to Istanbul within 90 minutes.
Bursa
Central to this marvellous project is a superb lake where residents can sail and enjoy the absolute waterside location in Bursa. A fine example of how this region is developing into one of the hotspots for investment in Turkey. Grab an apartment and take in a luxury lifestyle.
Bursa
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
Built to excellent standards throughout, this complex offers a host of social facilities and apartments for sale in sizes up to four bedrooms for buyers to choose from. This is one of our top picks in the Bursa region.
Bursa
Within a ten minute walk from a Metro and Shopping Mall, this is an excellent opportunity to purchase an affordable apartment for sale in Nilufer region of Bursa – forming part of a top quality complex with social facilities.
Bursa
Built to exceptional standards by a sought after developer in Antalya, these spacious homes are for sale in the residential area of Konyaalti and have access to a range of on-site facilities including a swimming pool and gardens.
Antalya
Offered to the market at a great price not to miss, this charming resale apartment is located within a peaceful area of Konyaalti in Antalya and forms part of a top complex with access to a swimming pool and gardens.
Antalya
These modern apartments form part of an excellent complex designed for family living in the stunning city of Izmir. Available from two – four bedrooms and fully equipped with social facilities meaning you will never be bored of life here.
Izmir
Overlooking the Marmara Sea with a fantastic view stretching endlessly, these apartments are for sale at great prices in the centre of Esenyurt and are available in sizes ranging from one – four bedrooms in multiple different types.
Istanbul
Priced to sell quickly, these charming properties are located within the centre of Fethiye and form part of an excellent complex suitable for family living – all just a matter of minutes away from the Harbour and promenade.
Fethiye
On the market today at a bargain price, this charming apartment is found in a peaceful area of Deliktas, just outside the main town of Fethiye in Turkey and is suitable for year round living with access to green landscaped gardens.
Fethiye
If you are looking to escape from the world then look no further than these beautiful residences found in the peaceful area of Ovacik with natural beauty ensured. A stunning location as you will also find yourself just a short five minute drive away from the lively resort area of Hisaronu.
Fethiye
Offered at excellent prices and with payment plans available, these homes are ripe for both lifestyle and investment buyers in Bahcekent, an area undergoing lots of growth and are close to public transport for city commuting.
Istanbul
One of the top picks currently available in Antalya, this 5-star development offers all the amenities usually found within any town centre around the world and properties are available today with advantageous payment plans to choose from.
Antalya
Brand new, immaculate apartments for sale in the neighbourly region of Kargicak, complete with a large selection of indoor and outdoor on-site shared facilities to maximise a healthy lifestyle with peace and tranquillity.
Alanya
Available in sizes ranging from one – four bedrooms with many different types and floor plans to choose from, these properties are found in Kepez one of the fastest growing investment areas in Antalya and are recommended for viewing.
Antalya
Completely furnished luxury duplex apartment for sale in Belek, fully decorated and ready to move in as soon as the purchase process is finished – situated within a superb complex with shared swimming pool and social facilities.
Belek
Newly built and ready to move in is this bargain priced apartment for sale in a residential area of Kepez in Antalya, minutes away from amenities and forming part of a high quality complex with shared on-site facilities.
Antalya
Renovated in 2015 to top standards, this detached villa is found in the Kepez area of Antalya and is just moments away from amenities and daily necessities including supermarkets and public transport for moving around the city.
Antalya
Enjoying stunning panoramic sea views over Cikcilli, this Alanya penthouse is a very good buy at a very low price considering all that is on offer with this home. Situate yourself just minutes from the sea in one of Turkey's top destinations for tourism every summer.
Alanya
Close to the largest artificial lake in all of Turkey, these Bahcesehir Lake properties have been built by a top developer in Istanbul to superb standards and enjoy access to a full range of on-site areas for residents to relax with loved ones.
Istanbul
With easy access to the sea and beach within a few metres, this is a wonderful project of apartments for sale in Alanya and enjoys access to superb social facilities – all just ten minutes away from the city centre.
Alanya
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