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.
Built to luxury standards by a sought after developer, these fantastic apartments are located in Cesme and have access to landscaped gardens and a swimming pool for relaxing and spending endless summery days outside.
Cesme
Within close proximity to daily amenities and shops, this spacious villa is found in the residential and peaceful area of Akarca in Calis and is suitable for a large family looking to live in Turkey on a permanent basis.
Fethiye
Available today at a bargain price not to miss out on, this spacious apartment is situated within a top complex in the Calis region of Fethiye and is just a short walking distance away from the famous sandy beach area.
Fethiye
This luxurious property has a stunning garden that offers an abundance of privacy for spending time outside with your family in the sought after area of Mudanya in Bursa – contact us to arrange your visit to this lovely home.
Bursa
Surrounded by pine forests and natural views, this fantastic property is located in a quiet area of Ovacik and is completely furnished and ready to move in immediately – situated within its own private garden with swimming pool.
Fethiye
Spacious three bedroom home for family living in a peaceful area of Ovacik, overlooking a stunning backdrop including Babadag Mountain and for sale today at a bargain price for someone looking to move to Turkey immediately.
Fethiye
Fantastic property for sale in the sought after area of Zekeriyakoy in Istanbul, tucked away in a natural setting surrounded by green views and scenery – this villa has eight bedrooms and could sleep the largest of families.
Istanbul
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.
Istanbul
Beautifully designed inside and out, this spacious villa is tucked away in a residential area of Calis in Fethiye and is close to everything needed, including the nearest sea and beach just a 15 minute stroll in the sun away.
Fethiye
Suitable for a large family looking to live in Dalaman area of Turkey, this fantastic villa is situated within a huge plot for privacy guaranteed and has beautiful views heading out towards the Akkaya Lake and Valley.
Dalaman
This is an absolute must see in Buyukcekmece, one of the top projects in the entire area and one that is located on the coastline with lots of family orientated facilities including a Marina Bazaar and Performance Square – do not miss this opportunity.
Istanbul
A great price for a centrally located family villa in Fethiye Town – this property is just a two minute distance from the harbour and seaside for relaxing and spending days at restaurants, boutique shops, and busy bars.
Fethiye
Built to top standards by a sought after developer in Bodrum, this complex has a swimming pool and offers social facilities for residents to use on a daily basis – located in a sought after area of Yalikavak Centre.
Bodrum
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.
Fethiye
Suitable for raising a family in Turkey, this stone built villa is located in a residential area of Izmir and is just a short distance away from the sea – situated within a top complex with on-site social facilities available.
Izmir
Do not miss out on this charming hotel for sale in Kemer, located just 200 metres walking distance away from the nearest popular beach and on the market as completely furnished – ideal for investment with a Freehold Deed.
Kemer
Completely furnished and ready to move in, this spacious detached villa is nestled away in a private area of Ovacik in Fethiye and is ideal for use as a family home in the sun – all just five minutes away from Oludeniz Beach.
Fethiye
Operating as a successful coffee shop, this is an excellent investment opportunity in Kartal on the Anatolian side of Istanbul – a must see for someone looking to invest in a shop with a long term tenant currently in place.
Istanbul
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