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.
Surrounded by a 4,000m2 park area, this mansion is perfect for those looking to escape to exclusive living in Yalikavak just a short walking distance away from the nearest beach and Tilkicik Bay area full of amenities.
Bodrum
Located in Basin Ekspres area of Bagcilar, these spacious properties are just minutes away from Ataturk Airport in Istanbul and include a full range of social facilities and communal areas for residents to enjoy on a daily basis.
Istanbul
Close walking distances to the nearest beach and sea, this 5-star hotel resort is situated in Alanya region of Antalya and is a must see for someone looking to buy a luxury hotel with a room capacity of 245 in total.
Alanya
Available at bargain prices not to miss, this new development is found in a residential area of Eyup in a developing part of Istanbul in Turkey and is just minutes away from daily amenities and local necessities.
Istanbul
Suitable for year round living in an area currently undergoing a wealth of urban regeneration and development are these properties in Kagithane for sale – available for buyers to choose in multiple types and sizes.
Istanbul
Located within an excellent complex boasting a plethora of site facilities and spaces, these contemporary apartments are situated in Bahcelievler and are just minutes away from daily amenities and public transportation.
Istanbul
Overlooking a beautiful backdrop of greenery and forests, these luxury smart home flats form part of a boutique low rise project in Tarabya fully equipped with social and communal areas providing you with everything you could possibly need.
Istanbul
Just a short walking distance away from the Istanbul Finance Centre, these skyline view apartments are for sale in Atasehir and have Title Deeds in place, making them ideal for obtaining Turkish Citizenship by Investment.
Istanbul
Title Deed ready apartments in Bahcelievler area of Istanbul, suitable for buyers who are looking to apply for a Turkish passport by investment and available in various different types and sizes for buyers to choose.
Istanbul
Tucked away in the peaceful area of Tarabya, these designer apartments are just 30 minutes driving distance away from Sisli and Taksim for those looking to live in Istanbul permanently and commute to the centre for work purposes.
Istanbul
Completed and ready for owners to move in immediately, this brand new project is located in Basin Ekspres area of Istanbul and offers apartments for sale in sizes ranging from one – four bedrooms with multiple types available.
Istanbul
Successful hotel located at the seafront in Manavgat area of Antalya, suitable for investment and on the market today as furnished from top to bottom – this is one of our top picks and highly recommended for viewing.
Side
This apartment is on the market as completely furnished and decorated from top to bottom, ready for new buyers to move in immediately in Konyaalti area of Antalya – forming part of a project with shared pool and gardens.
Antalya
Offering a completely private lifestyle in Bodrum, this panoramic view villa is nestled in a peaceful area of Konacik just a few minutes from the town centre – perfect for buyers who want to relocate with a family.
Bodrum
Just minutes away from public transportation and daily amenities, these bargain priced flats are fully completed and can be moved in as soon as the purchase process has been finalised – enquire today to reserve yours.
Izmir
Tucked away in historical settings in Gocek, these rustic designed houses are fully furnished and enjoy stunning views out towards the Mediterranean Sea and beyond – highly recommended for viewing and ready for viewing today.
Gocek
Excellent commercial property for sale in the centre of Kemer-Antalya, offered to the market with a long term tenant currently in place with years left on the current agreement providing an impressive 5% yield per annum in Turkey.
Antalya
Designed as a luxury hotel in Kemer, this resort is just metres away from the beach and has a room capacity of 380 for hundreds of guests to relax and spend long summers enjoying the very best that Turkey as to offer.
Kemer
This 5-star villa has an impressive view and enjoys access to a private beach for relaxing and spending endless summer days with loved ones – nestled in Yalikavak just five minutes away from the famous marina.
Bodrum
Priced to sell quickly, these affordable and completed apartments are located within a central area of Izmir in the sought after Karsiyaka neighbourhood and are available to purchase in various different types and sizes.
Izmir
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