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 unobstructed views of the sea, this fantastic home is nestled within a peaceful area of Gundogan and is suitable for Turkish Citizenship – all just a few minutes driving distance away from the nearest sea and beach.
Bodrum
This is a unique bungalow style villa for sale in a residential area of Bodrum – this Konacik property is recommended for viewing and is just five minutes away from the centre where everything needed for family living is found.
Bodrum
This designer villa offers panoramic sea vistas and has been built to luxury standards setting it apart from the rest in bohemian Gundogan in Bodrum. It is home to an abundance of added extras including a sauna, smart technology, and even a movie room.
Bodrum
Within minutes to the world famous Oludeniz Beach and Ovacik centre, this high quality villa is nestled away on the mountainside with tremendous views and would make for a lovely year round permanent family residence.
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 panoramic sea views from an impressive infinity swimming pool, this Gundogan villa has been built using luxury touches throughout and is just minutes away from the centre full of life and things to do – this is a must see listing.
Bodrum
Looking out towards the sea with an unobstructed view that stretches endlessly, this beautiful house is for sale in the Adabuku area of Bodrum and forms part of an elite complex with access to facilities including a beach.
Bodrum
Constructed using authentic stone imported from Alacati in Izmir, this wonderful house is located in the heart of Bitez and overlooks the sea with a breath taking view stretching out across the water for as long as the eye can see.
Bodrum
Within a small complex, these private bungalow style villas are designed to the highest quality and found in the sought after area of Konacik – just five minutes away from shopping malls, supermarkets, and all amenities.
Bodrum
Situated directly at the waterfront with amazing views is this tremendous deluxe property for sale in Turkey’s premier sailing town Gocek, perfect for those looking to relocate to a friendly community of boat owners and sailors.
Gocek
With the Title Deed in place, this villa is suitable for Turkish Citizenship by Investment and is nestled within a private compound in Buyukcekmece area of Istanbul – minutes away from local amenities and transport.
Istanbul
One of the most incredible homes that you will find in Istanbul today, this outstanding villa has sweeping views of a Bosphorus Bridge and Sea and is found in the affluent neighbourhood of Rumeli Hisari close to Bebek and Etiler.
Istanbul
Fully completed and ready to move in, these designer villas are located in the elite and highly sought after area of Buyukcekmece in Istanbul, just minutes away from the Lake in a peaceful area surrounded by greenery and nature.
Istanbul
Built to luxury standards are these 5-star villa for sale in Buyukcekmece, just minutes away from the Lake for relaxing, walking and picnics – these spacious properties have access to a full range of social and communal facilities.
Istanbul
Within five minutes to Yalikavak Marina and the nearest beach, these spectacular villas are nestled within a private area of the peninsula and are suitable for family living with lots of added luxury details inside.
Bodrum
Located at the beachfront in Tilkicik Bay, these stunning homes in Yalikavak have access to a private 200 metre long beach and are available in sizes ranging from one – three bedrooms, all just five minutes away from the town centre.
Bodrum
This villa offers eight bedrooms and has more than enough space inside for the largest of families looking to relocate to Akarca in Fethiye. This property has its own private swimming pool and green garden for relaxing.
Fethiye
Nestled within a large plot of land for a private lifestyle guaranteed, this outstanding villa is for sale in the sought after area of Gocek in Turkey and is on the market today as completely furnished and decorated throughout.
Gocek
This designer villa has been built with luxury living in mind, boasting an in-house elevator, a home gym, relaxing sauna, and even a Turkish Bath – all situated within a huge plot with central swimming pool and landscaped gardens.
Fethiye
Tuscan designed stone villas for sale in the heart of Bitez Village, close to local amenities and perfectly suited for year round living in Turkey, each home has its own spacious swimming pool, terrace, and is surrounded by Mandarin trees and gardens.
Bodrum
Looking out across the city with 360-degree panoramic views, this fantastic penthouse-style apartment is for sale in Umraniye on the Anatolian side of Istanbul and is just a few minutes away from daily necessities.
Istanbul
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