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.
High quality family villa in a peaceful residential area of Antalya, situated within an elite complex of just eight houses in total. Only 20 metres away you will find public transport that will take you to the beach and centre.
This three star hotel has a year round occupancy rate of 90% and has 20 years of attached profit for someone looking to invest in a business that is ready to flourish. The hotel has extensive facilities including a pool and restaurant.
This is an exceptional investment for someone who is looking to purchase a ready made business within a flourishing tourist area in Turkey. This three star hotel comes with a spa and is situated just 250 metres away from the nearest beach.
Panoramic land for sale in Yalikavak Heights behind Turkey's modern new marina Palmarina Bodrum ideal for building an exclusive house with full privacy, priced to sell, 5000sqm lot size great spot and very reasonable price. The plot is elevated with 270 degree town and bay views
We cannot stress the importance of this investment enough – this is a superb opportunity to own a building with 62 hotel-apartments within, giving you an abundance of possibilities to go forward with your investment in Konyaalti.
Four bedroom Turkish villa for sale is found within minutes to the beaches and sea. This modern and contemporary home is located in Calis and is a quiet getaway for a family looking for a summer home to relax and enjoy life with the sun basking down upon them.
42,500m2 luxury plot of land located within the most elite area of Bodrum where the likes of Bill Gates and Roman Abramovich spend their summer vacations. There is a wealth of opportunities to uncover here for an investor.
Choose from two or three bedroom apartments for sale in this wonderful modern and contemporary complex found in Ovacik surrounded by nature and within easy travelling distance to some of the region's top tourist hotspots and landmarks such as Oludeniz beach and Hisaronu.
The best of both worlds, Antalya offers residents the perfect combination of a bustling city with some of the prettiest blue flag beaches you will find in Turkey. These apartments are perfectly placed to enjoy the best of it all depending on what mood you wake up with everyday.
Secluded and tucked away in Kemer is this fine example of luxury homes that you can find in this region of Turkey. This modern villa has all the makings for a fine home in the sun with lots of privacy ensured with high walled gates and lots of small details that make all the difference.
This pretty house is found in the picturesque settings of Alacati in Cesme and is a prime example of the stone houses that you will find for sale in this region of Turkey. A great price and well located close to the centre with three spacious bedrooms and a lovely garden.
Alacati stone house just minutes away from the surf and some of the best beaches in the region, this home would make a great residence for someone who is looking to place themselves close to a bustling region set to come up fast in the future - a great investment indeed.
Investment opportunity in Bayindir giving you a blank canvas to paint your own masterpiece in Turkey by building a custom designed mansion overlooking the sea. Lots of potential ready to uncover and beautiful views offered throughout - this is a wonderful plot very well priced.
Ever wanted to build your own dream home for less than £300,000? Our real estate planners suggest that is entirely possible with this large plot of land located in nice tranquil surroundings in idyllic Uzumlu in Fethiye. There are lots of opportunities and potential to be uncovered here.
Superb location land for sale. This opportunity is not to be missed – a chance to scope and put together your very own dream home in Gocek. This land measures in at 1,300sqm and is just literally metres away from Pork Gocek
The villa in Kas comes complete with its very own large private pool and access to its own private beach platform. Perfect for long summer getaways. Located on Kas’ Cukurbag Peninsula, the villa is very large and spacious and located in a peaceful and private area.
This prime hotel is located in Konyaalti area of Antalya and has a fantastic view heading out towards the sea and beach from attached balconies – for anyone looking for a readymade business, this is a unique opportunity.
In a countryside setting, these plots of land for sale in Turkey are ideal for those looking to build and develop an agricultural project within minutes to two peaceful villages and just 31 minutes away from Bodrum Centre.
With a view heading out towards the sea and surrounding nature, this beautiful plot of land is found within the peaceful area of Bezirgan in Kalkan and is ideal for those who are looking to build their own dream home in Turkey.
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.