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.
Facing towards the West with a picture-perfect daily sunset, this supreme villa is available in Yalikavak area of Bodrum Peninsula today and has been constructing using stunning unique architecture and design throughout.
Bodrum
With five bedrooms inside, these panoramic sea view villas are ideal for those who want to live in Yalikavak on a permanent basis with loved ones – nestled just four minutes driving distance from the famous Marina.
Bodrum
Looking out across Macka Park and the city of Istanbul, this fantastic apartment is for sale within the important central area of Nisantasi and is just a short walk away from 5-star hotels, parks, and daily necessities.
Istanbul
Renovated to modern contemporary standards throughout, this beautiful detached villa is located within the residential area of Zekeriyakoy in Sariyer and is just five minutes away from the nearest International School.
Istanbul
250 steps are all it takes to walk to the nearest beach from this charming boutique mansion residence in the popular area of Gerisalti in Yalikavak. This is a sublime business and investment opportunity in Turkey.
Bodrum
Centrally located sea view villa in Bodrum – this excellently appointed six bedroom house is listed for sale with white goods included, while all furniture can be negotiated, making this an ideal opportunity to relocate to Turkey.
Bodrum
Designed to luxury standards and located in the centre of Istanbul, this Cihangir apartment is found in a boutique building close to shops, restaurants, and bookstores and is just moments away from Taksim Square and Istiklal Avenue.
Istanbul
Suitable for family living in a quiet area of Istanbul, this Silivri villa has all the makings of a wonderful home at the seaside in Turkey and is just a few minutes away from popular beaches and daily necessities.
Istanbul
Up to 24 months developer finance available in the very last remaining seafront bays in Yalikavak and now your opportunity to own an exceptional home with access to first class facilities including a private beach, town square, and all expected amenities.
Bodrum
Outstanding serviced-apartments within a 5-star hotel, forming part of an elite project in Camlica on the Asian side of Istanbul – this is an opportunity that simply cannot be missed, a city within a city with everything in place.
Istanbul
Luxury homes found in a historic setting on the Asian side of the city, yet just minutes away from the centre of Istanbul via a Bosporus Bridge. These are immaculate properties designed using state of the art technology.
Istanbul
This wonderful hotel is located in Cesme area of Turkey and is just 100 metres away from the sea and even closer to local shops and amenities – this is a readymade business for someone looking to move to Turkey in the near future.
Cesme
Minutes away from Taksim Square and the Bosphorus Sea, this penthouse-style apartment is located in the heart of Bomonti in Sisli area of Istanbul and forms part of a prestigious site with 5-star services to use.
Istanbul
These are luxury apartments for sale in the heart of Istanbul in the sought after Mecidiyekoy area of Sisli available in sizes ranging from one – four bedrooms with multiple different types for buyers to choose from.
Istanbul
To put it simply, this listing is absolutely stunning, a rare find and a fantastic property for sale. This won’t last long on the market. With unobstructed perfect views over the Mediterranean Sea and ultimate luxury throughout the home, this is one of the best you will find in Kalkan.
Kalkan
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.
Kas
Directly at the seafront with access to the water, this stunning property is found in a private area of Kas and is fully furnished for sale – ready for buyers to move in and enjoy some of the best daily sunsets from a large terrace.
Kas
Extravagance personified in this luxury project literally at the beachfront in Turkbuku complete with an on-site hotel and rental guarantee and complete management services for any investor who purchases one of these apartments.
Bodrum
This is a rare opportunity to purchase two completely private free standing properties for sale in the sought after Ortakent area of Bodrum, overlooking the sea with tremendous views and complete with spacious garden and swimming pool.
Bodrum
Located at one of the most prestigious seafront compounds in Yalikavak, this designer villa overlooks the sea with panoramic views stretching endlessly and enjoys access to a private beach area and water platform for sunbathing.
Bodrum
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