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 Buyukcekmece area of Istanbul, just a few minutes away from private international schools and daily necessities – this is a top pick for those wanting to relocate to the city with young children.
Completely furnished and ready to move in today is this bargain priced apartment within walking distance to the famous Calis Beach and promenade full of busy restaurants, quality bars, and all your everyday shops and necessities.
Infinity swimming pool detached villa for sale in a residential area of Yalikavak in Bodrum, just a short 300 metre walking distance from the beach and within close proximity to daily shops and local amenities in Turkey.
Branded supermarket for sale within a busy area of Beylikduzu in Istanbul, situated at the entrance of an apartment complex with access to hundreds of potential customers on a daily basis – a must see listing.
Located in Sultanahmet and just minutes away from the Grand Bazaar and Blue Mosque, this is a unique Ottoman house for sale at a bargain price. This property could be converted into separate apartments for those investing.
Live life right besides the beach when you invest in one of these luxury properties at the beachfront in Gundogan within a highly sought after elite estate. Homes were completed in 2015 so call us today to reserve yours before all are sold.
Detached villa for sale in a residential area of Ovacik, looking out across the surrounding nature with spectacular views from a large garden – this house has its own swimming pool and is suitable for year round living abroad.
Built to luxury standards by a sought after developer in Bodrum, this outstanding property is for sale in Ortakent and forms part of a top complex just 500 metres away from the nearest beach for relaxing at the seaside.
Spacious villa for sale in a residential area of Dalyan in Turkey, suitable for families looking to relocate on a permanent basis to a private spot with tremendous views heading out across natural surroundings and settings.
Surrounded by green nature and wonderful views, this exceptional project is tucked away in Sariyer area of Istanbul and comes highly recommended as one of our top picks – you will not find a better project than this.
Available as luxury apartments and villas, this project has been constructed to outstanding standards by a sought after developer in Istanbul and is found in Zekeriyakoy area of Sariyer, surrounded by nature at every turn.
Built to 5-star standards, this deluxe villa is found in Mudanya area of Bursa and is situated within a large garden with swimming pool – all just ten minutes away from the seaside and close to the nearest shopping mall.
Designed to elite 5-star standards, these designer villas form part of a superb private estate with swimming pool, cafeteria, playground, gym, and much more for residents to use – you will not find better homes than these in Bursa.
Spectacular homes with a contemporary design by a renowned architect, these villas offer large bedrooms and are simply beautiful both inside and out. Enjoy the location within walking distance to amenities and transport.
In a hot spot where some of the most exclusive real estate of Kas can be found, this superb sea vista villa is for sale as completely furnished and has a swimming pool with a sweeping view heading out to nature and islands.
Built using the highest quality locally sourced stone, this authentic property is located in a sought after area of Kas just 4km away from the centre – situated within a private garden with sweeping sea view swimming pool.
Ready to move in immediately, this five bedroom villa could house the largest of families looking to settle in a residential area of Dalyan. The property is equipped with a charming garden and private swimming pool.
In a quiet area of Dalyan for sale, this cheap apartment is a perfect option for those seeking a completely furnished home in a residential area, just moments away from the town centre where you will find all your daily necessities.
Choose from apartments ranging from four – six bedrooms in size within this impressive project of homes in Bursa. With access to a full range of facilities and on-site amenities, this is one you cannot miss while in the region.
Built on an elevated spot with distant views of the Blue Lagoon, this is a stunning property in Turkey's most popular summer resort Fethiye Ovacik. The villa offers 4 master bedrooms, 4 bathrooms, generous land size and a large private pool. Design is modern with ample terraces and balconies to enjoy stunning nature all around.