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.
This charming apartment is nestled in Kumbahce area of Bodrum Centre and is on the market today as completely furnished and ready to move in immediately – ideal for those who want to live in the town with a small family.
Bodrum
Enjoy a beautiful sea view from your terrace when you purchase this lovely duplex apartment in a residential and sought after area of Gocek in Fethiye – forming part of a prestigious site with access to a pool and gardens.
Gocek
Situated within a huge plot of land for a private lifestyle guaranteed, this spacious mansion-style villa is found in an elite area of Yalikavak in Bodrum and enjoys a sweeping view out to the famous Marina and sea.
Bodrum
Built to exceptional standards from top to bottom, this charming villa is found in a residential area of Ovacik with beautiful views across mountains and nature – situated within its own private plot with large swimming pool.
Fethiye
Enjoy life at the seaside when you purchase this incredible villa in Torba, complete with access to a private sandy beach just moments away – this picturesque home is situated within a gated community of family houses.
Bodrum
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
Situated within a private landscaped garden with swimming pool, this picturesque villa is nestled in a residential and sought after area of Gocek and is just a few moments away from the famous marina for sailing.
Gocek
Furnished and decorated, this charming property has its own private swimming pool and landscaped garden in Seydikemer area of Fethiye – just a short walking distance away from the town centre and daily amenities.
Fethiye
Built to exceptional standards throughout, this detached villa is for sale in the sought after neighbourhood of Akarca within Fethiye region and is just a short walk away from everything needed on a daily basis.
Fethiye
Located in the peaceful and desired neighbourhood of Akarca, this detached villa is suitable for those looking to live in Fethiye permanently and is situated within its own private garden with large swimming pool to enjoy.
Fethiye
Steps away from the beach and daily necessities, these top quality villas are for sale in the residential and highly sought after area of Torba within the Bodrum peninsula and enjoy sweeping views across the surroundings.
Bodrum
Constructed using stone of the highest quality, this beautiful Ortakent villa is just 700 metres away from the nearest public beach area for relaxing and is five minutes away from the marina for top sailing opportunities.
Bodrum
For sale at an affordable price, this charming apartment is nestled on the outskirts of Fethiye Town and has a view out towards the sea and Harbour – suitable for those wanting to make their life in Turkey a permanent one.
Fethiye
Offering the best of both worlds, these Cekmekoy apartments for sale are found in a green area on the Anatolian side of Istanbul and are just a short drive away from Kadikoy and other central districts within the city.
Istanbul
Close to the antique Pedasa City in Konacik, this huge plot of land has ample room to build a dream home in the Bodrum peninsula of Turkey and is just a few minutes driving distance away from amenities and necessities.
Bodrum
With stunning panoramic sea views, this luxury villa is located in the sought after Turgutreis area of Bodrum Peninsula and has been designed throughout with superb features including marble bathrooms and a winter garden.
Bodrum
Ready for new owners to move in immediately, this three bedroom duplex apartment is found within a small complex in a desired area of Ovacik and has access to a communal swimming pool and green gardens for relaxing.
Fethiye
Surrounded by pine trees and valley views, this spectacular house is for sale in a peaceful area of Ovacik and is completely furnished and ready for new owners to move in as soon as the purchase process has been finalised.
Fethiye
With five bedrooms inside, this villa is for sale in Hisaronu area of Fethiye and is on the market today as completely furnished throughout – ideal for families looking to relocate to Turkey on a permanent basis.
Fethiye
Delightful apartment found in the residential area of Tasyaka in Fethiye, this listing is for sale today at an affordable price for living in Turkey and is just five minutes away from the main town centre and daily necessities.
Fethiye
Build your own dream home in Turkey when you purchase this delightful plot of land in the Doger Village, Seydikemer area of Fethiye – suitable for those wishing to apply for Turkish Citizenship through real estate investment.
Fethiye
Within easy walking distances to the nearest beach and promenade lined with things to do on a daily basis is this delightful apartment in Calis, for sale at an affordable price and suitable for year round living in the region.
Fethiye
Suitable for a large-sized family looking to live in Fethiye on a permanent basis, this delightful home is for sale in the Akarca area of the town and is just 300 metres away from the nearest seafront and local daily necessities.
Fethiye
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