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.
With five bedrooms inside, this villa has room for the largest of families to live a peaceful life in the highly residential area of Ovacik in Fethiye, forming part of a quality complex with beautiful views out towards the mountains.
Fethiye
Nestled just outside the main town of Fethiye is this charming duplex apartment for sale at an affordable price not to miss out on in Tasyaka – this flat has access to a shared swimming pool and mature landscaped gardens.
Fethiye
This outstanding detached villa is found in Ovacik and is on the market today as completely furnished and decorated from top to bottom – an ideal family home just minutes away from necessities and the nearest centre.
Fethiye
These hotel-style apartments are found in the desired area of Dosemealti in Antalya and can be purchased as two or three bedrooms for sale at affordable prices not to miss out on – ideal for those looking to obtain Turkish Citizenship.
Antalya
Close to all local necessities and shops, these brand new properties are for sale in Akarca and are just a short ten minutes away from the nearest beach for relaxing and spending long afternoons with loved ones.
Fethiye
Within a top complex with a comprehensive range of shared facilities and social spaces, these properties are for sale in the district of Mahmutlar and are just a few minutes away from the nearest beach and amenities.
Alanya
This resale villa is a wonderful option for those wanting to live in Fethiye on a year round basis and is on the market today at an excellent price not to miss – situated within its own mature garden with swimming pool.
Fethiye
Superb opportunity to purchase a high quality villa for sale in Buyukcekmece area of Istanbul, guaranteeing a highly private lifestyle with huge plot and gardens for relaxing outside with loved ones on a daily basis.
Istanbul
Complete with a wide range of on-site facilities for residents to use and easy access to the beach, Bazaar, and Alanya centre, this deluxe project is found in Oba and offers a variety of one, two, and three bedroom apartments.
Alanya
Newly built and complete with a great array of shared facilities and outside space, this top project is situated in the residential area of Oba in Alanya and offers homebuyers a stunning local beach and market to enjoy in close proximity.
Alanya
Complete with shared facilities and stunning sea views, this brand new project is found in Kargicak and offers apartments for sale ranging up to three bedrooms with matching bathrooms and open plan kitchens with offset living rooms.
Alanya
Available in sizes ranging up to three bedrooms, these brand new properties are suitable for living on a permanent basis in the residential area of Mahmutlar in Alanya and have access to a full range of social facilities and amenities.
Alanya
Ranging from one – four bedrooms, these apartments are suitable for those wanting to live in a peaceful area of Kargicak on a year round basis and are just a short walking distance away from the nearest sandy beach.
Alanya
Looking out across the mountains and nature, this semi-detached villa is on the market today at an affordable price and is ten minutes away from the centre of Gocek where all daily shops and amenities can be enjoyed.
Gocek
Brand new property ready to move in immediately, this detached villa is found in the quaint town of Gocek and has its own private pool and garden – all just minutes away from the famous Marina for those who love sailing.
Gocek
A residential area, these properties form part of a high quality complex and have access to a full range of social facilities and on-site amenities – available for purchase in sizes ranging up to four bedrooms in Avsallar.
Alanya
Operating as a furniture store for years, this is an exceptional investment opportunity for those looking to buy commercial property in Beylikduzu, right next to the E-5 Road for easy access for customers.
Istanbul
Completely furnished and ready for new owners to move in immediately is this charming detached villa for sale in a residential area of Fethiye, just a short ten minutes drive away from the world famous Blue Lagoon Oludeniz Beach in Turkey for sale.
Fethiye
Enjoying panoramic views of the Bosphorus Sea and Istanbul skyline, this luxury apartment is found in the heart of Istanbul in the Cihangir neighbourhood and is just a short two minute walk away from Galata Tower.
Istanbul
Within a few minutes to the nearest marina and seaside, these fantastic new villas are nestled away in a quiet area of Buyukcekmece in Istanbul and are suitable for family living away from the frenetic city centre.
Istanbul
Built to 5-star standards, this elite villa is nestled away in a quiet area of Calis and is on the market as fully furnished and decorated throughout – situated within its own private lot with large gardens and swimming pool.
Fethiye
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