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.
Ready for owners to move in, this project offers spacious apartments for sale in sizes ranging up to six bedrooms and is found in Beylikduzu area of Istanbul, just two minutes away from West Marina and within five minutes to shopping malls.
Istanbul
This is an excellent pick for those looking to relocate to Kas or spend long summer holidays enjoying one of Turkey’s gem locations – overlooking the sea with dramatic views and offering three bedrooms for up to six people.
Kas
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 excellent standards throughout, this brand new apartment is found in a residential area of Besiktas in Istanbul and has sea views out towards the Bosphorus and the Golden Horn from a large balcony and terrace.
Istanbul
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
Offering an astonishing 3,250m2 of private land for sale, this exclusive bungalow is found in the tranquil and quiet area of Incirkoy in Fethiye - a perfect nature surrounding and lots of green areas, this is an ideal spot for nature lovers and those looking for a getaway.
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
Just a stone’s throw away from a new park and marina, this fantastic property is for sale in the residential area of Akarca in the heart of Fethiye and has recently been refurbished – ready for a family to move in immediately.
Fethiye
Just a short 200 metre walking distance away from the nearest sea and beach, this is a once in a lifetime opportunity to purchase a villa in Cesme within a luxury development close to some of the best areas of the region.
Cesme
In a residential area, suitable for year round living in Bodrum, these excellent villas are found in Gokcebel area of Yalikavak and are recommended for viewing at the earliest – these will not be on the market for very long.
Bodrum
Bargain priced Belek home located close to several world class Championship quality golf courses fit for the Pros and even designed by them. Ideal for a keen sportsman and a perfect holiday location with over 300 days of sunshine. Complete with 4 large bedrooms and a private pool.
Belek
Constructed to superb standards using locally sourced stone and materials is this wonderful unique property for sale in Kizilagac Village in Bodrum – perfect for nature lovers seeking to escape to an authentic lifestyle in rural settings.
Bodrum
This property is the unique restoration of a 150 year old Greek house in the heart of Bodrum just a short walk away from Kumbahce beach and close to the Marina for keen sailors looking to sail some of the best sailing routes in Europe.
Bodrum
Stone cottage for sale in the countryside area of Ortakoy, situated within a huge plot of land for privacy guaranteed with its own swimming pool and mature gardens. This listing is ideal for those who enjoy natural surroundings.
Fethiye
Furnished ready to move in today, this spacious four bedroom family villa is located in the residential area of Metinler in Dalyan and comes highly recommended for viewing – complete with its own private swimming pool and mature green gardens.
Dalyan
Overlooking the sea with an outstanding view and sunset, this fully furnished apartment is bargain priced in a residential area of Alanya and forms part of a 5-star complex with access to a range of social and communal facilities.
Alanya
Enjoying tremendous nature views, this family property is for sale in a residential area of Kemer in Antalya and is highly recommended for those looking to live just five minutes from famous beaches and daily amenities.
Kemer
Run your own successful business in Turkey when you invest in this commercial building in Kayakoy Village, offering self-contained apartments and the potential to be converted into a boutique hotel should you want – contact us today for information.
Fethiye
Built to superb standards throughout is this gorgeous sea view detached villa for sale in a residential area of Gundogan in Bodrum – just a short walk away from the beach and easily converted into a boutique hotel if wanted.
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
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