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.
Luxury designed family home for sale in a residential area of Dosemealti in Antalya, just minutes away from large facilities and amenities – this property is situated within a private garden and even has a separate guest house.
Antalya
In the sought after area of Etiler in Istanbul, these brand new apartments are for sale in sizes ranging up to five bedrooms in total, and would make for wonderful family homes for those looking to relocate to Turkey with children.
Istanbul
Designed with luxury living in mind, these Izmir villas are suitable for permanent living in the city and are set within private gardens with swimming pools and terraces providing excellent views out towards the surrounding nature.
Izmir
Forming part of a 5-star complex in Gocek located directly at the entrance to the sea with access to a marina and sailing facilities, this is an opportunity not to miss out on and comes highly recommended for viewing at the earliest available chance.
Gocek
Situated directly at the waterfront with amazing views is this tremendous deluxe property for sale in Turkey’s premier sailing town Gocek, perfect for those looking to relocate to a friendly community of boat owners and sailors.
Gocek
This is a unique opportunity to invest in a complete business of villas in Gocek, just minutes away from the nearest marina and harbour for sailing and enjoying the seaside – contact us as this is not going to be available for long.
Gocek
Just a short two minutes away from the town centre and amenities, this spacious property is perfect for year round living in Turkey with a family and comes highly recommended for viewing at the earliest available opportunity.
Fethiye
Immaculate private family home for sale in a peaceful area of Ovacik, within close proximity to all daily necessities and quality amenities on foot – this four bedroom house has enough room for the largest of families and features a private pool and mature garden.
Fethiye
5-star designer villa with its own private swimming pool and landscaped gardens in a highly sought after area of Nilufer in Bursa – this property is just minutes away from shopping malls, city centre, and everything else you could possibly need.
Bursa
Large family house in a residential area of Mudanya in Bursa, just moments away from daily amenities and necessities needed for a high quality of life in Turkey – this is one of the top picks currently available in the city.
Bursa
Four bedroom property forming part of a small private estate in the Mudanya area of Bursa, overlooking the sea with a superb view from terraces and listed for sale today at a great price not to be missed for a house of this quality.
Bursa
Located in the centre of Bursa, within close distance to shopping malls is this family designed project offering only four bedroom properties for sale – ideal for those looking to relocate with young children to Turkey.
Bursa
Located in the historic peninsula, these luxury sea view homes are some of the most highly anticipated properties to come out of Fatih in recent years and are available in sizes ranging from one – six bedrooms for all types of buyer.
Istanbul
Charm Blue Just metres away from the ocean is this first-class project of expansive homes for sale in Zeytinburnu, the perfect option for those looking for elite-living just 10 minutes away from Ataturk Airport and within commuting distances to the centre.
Istanbul
Renovated house with more than 150 years of history attached to it, this is a rare find in Gurece in Bodrum offering lots of privacy with a plot measuring 1,000m2, a swimming pool, and outstanding views across nature and the sea.
Bodrum
Directly at the seafront with incredible views and access to a beach is this designer villa for sale in a residential area of Turgutreis, just a short walk away from the centre and within 2km to the famous Turgutreis Marina.
Bodrum
Enjoying an outstanding view of the ocean, this two bedroom apartment forms part of a sought after complex in Yalikavak and is offered today at a bargain price for investors or someone looking for a permanent base in Bodrum.
Bodrum
At the waterfront, this is an incredibly rare opportunity to purchase a villa on Sovalye Island complete with mooring facilities and sea access – this gorgeous property is just a short five minute boat journey away from Calis Beach.
Fethiye
This is an amazing opportunity to purchase a piece of history in Istanbul, this restored Ottoman style mansion is located in Besiktas just 40 metres away from the beach with panoramic views heading out towards the Bosporus Sea.
Istanbul
Designed a unique Greek style house in the middle of Yalikavak, this detached property is just a short 900 metre walking distance from the sea and is available today as completely furnished and ready to move in immediately.
Bodrum
Five minutes away from Buyukcekmece Marina and Lake, this is a stunning estate of private luxury-designed houses for sale in Istanbul, boasting a full range of on-site social facilities and residential areas to enjoy – do not miss these.
Istanbul
With only two homes in total, this is an opportunity not to miss – these properties are located in the highly residential area of Akarca and are just a short walking distance away from a new park and nearby promenade lined with things to do.
Fethiye
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