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.
Surrounded by some of the most magnificent views in all of Istanbul are these spectacular peaceful homes on the Asian side of the city designed and built to the concepts of Zen, ensuring you a high class and luxurious finish from top to bottom, simply breathtaking in every sense of the word.
Istanbul
Sea view villa for sale in the sought after area of Bardakci in Bodrum, just a short walking distance away from the nearest sandy beach and within close proximity to a full range of social and daily amenities for living in Turkey.
Bodrum
Within 200 metres to the nearest sandy beach for relaxing and spending summery days is this fully furnished villa for sale in Gumbet area of Bodrum – ideal for those looking to relocate and raise children in Turkey.
Bodrum
Commercial property for sale in Fethiye, this apartment building offers a tremendous amount of rental potential all year round in the residential area of Karagozler with a lovely view heading out towards the sea and beyond.
Fethiye
Suitable for elite family living, this stunning eight bedroom property is tucked away in a quiet area of Gocek and is brand new today – situated within a large plot with swimming pool and only minutes from the nearest marina and sea.
Gocek
Stunningly beautiful contemporary villa for sale in a central location in Kalkan, enjoying an uninterrupted panoramic view across the Bay and sea and featuring an abundance of added luxury details and features that make this a must see.
Kalkan
Only five minutes away from the heart of Bodrum, yet perched away in a peaceful location is this impressive plot of land for sale measuring 6,850m2 in size, giving you amazing sea vistas and a rare spot to find such extravagant land nowadays.
Bodrum
Constructed to luxury standards throughout, this beautiful four bedroom villa is for sale in Gocek and is suitable for year round living in Turkey – just a few minutes away from the famous marina for sailing opportunities.
Gocek
A project of only five luxury villas in Bursa with ample gardens and private swimming pools – an idyllic opportunity for those looking for houses of the highest possible quality in this wonderfully beautiful area of Turkey.
Bursa
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
Suitable for retiring to Turkey or living permanently with a family, these spacious bungalow style villas are found in an idyllic setting in Torba just five minutes away from the nearest beach and within close proximity to a shopping mall.
Bodrum
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
Within the city centre of Istanbul, these brand new residences are perfect for workers and those looking to commute around the city on a daily basis from Kagithane – one of the fastest growing and emerging districts.
Istanbul
Tucked away in the peaceful area of Cekmekoy with fantastic green and nature views is this detached family villa with large private garden and access to social facilities including a pool and playground for children to enjoy.
Istanbul
With a beautiful view across the sea and wonderful private plot, this magnificent villa is Faralya has an abundance of investment potential with building permission in place to construct a pool and chalet type properties within the plot.
Fethiye
In the heart of central Istanbul, this fantastic Nisantasi apartment has been designed in a Scandinavian style and is suitable for family living in Turkey with a plethora of amenities and shops just a short walk away.
Istanbul
This is an incredible opportunity for you to buy not one, but two properties at a discounted rate. These homes are found in the metropolis city of Yalova and are well connected to the centre via public transport facilities and come highly recommended.
Yalova
One of the best complexes that you will find in Bitez area of Bodrum, this site offers a range of apartments for sale with sea views and is ideal for year round living nestled between the town centre and the resort of Gumbet.
Bodrum
Located in the elite area of Karagozler within Fethiye, this villa is on the market today as completely furnished and has been renovated recently to excellent standards – suitable for buyers looking to live permanently.
Fethiye
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