Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
In the middle between a bustling working city, and a serene sandy beach is where you will find this beautiful villa found in a complex of villas designed specifically for family life in the utmost exquisite settings taking care of everything you could think of when it comes to luxury living abroad.
Tucked away in a peaceful area of Uzumlu, these brand new bungalow style properties are suitable for retiring to a quiet part of Fethiye and have spacious green gardens with infinity swimming pools to enjoy.
This luxury house boasts not one, but two swimming pools and has been completely refurbished from top to bottom at the beginning of 2018. Located in a residential area of Ovacik and just minutes away from amenities.
Looking out towards the Greek Islands and sea, this fantastic project offers a range of flats and villas for sale in multiple different sizes and is suitable for year round living or applying for Turkish Citizenship by Investment.
Listed for sale at bargain prices today, these superb apartments are located in the fast developing area of Bahcekent in Istanbul and are available in sizes ranging from one – four bedrooms in multiple different types.
Boutique apartments for sale in a residential area of Bahcesehir, ideal for discerning families looking to live in a friendly part of Istanbul close to everything needed on a daily basis – this is one of our top picks in the entire city.
Built to excellent standards by a top developer in Kas, this brand new villa is found in the Bayindir area and offers lovely views out towards the sea and surrounding nature from a private infinity swimming pool and garden.
Enjoy panoramic views out towards West Marina and a gorgeous daily sunset when you invest in one of these luxury apartments in Beylikduzu forming part of a 5-star project fully equipped with social facilities and daily amenities.
Built to luxury standards throughout, these properties are tucked away in Zekeriyakoy area of Sariyer in Istanbul and are a must see for someone looking to live in a quiet spot of the city within close distances to everything.
Suitable for Turkish Citizenship by Investment applications, these brand new apartments are found within the city centre in sought after Kagithane and form part of a top complex with botanical gardens and green spaces.
Built using locally sourced stone of the highest quality is this charming detached villa for sale in the Kas Peninsula of Turkey - overlooking the sea with wonderful views form a private garden and swimming pool to enjoy.
Looking out towards the Sea of Marmara with extraordinary views, these luxury designed apartments are located in Beylikduzu in Istanbul and are listed for sale at affordable prices in an up and coming area of the city; a must see.
Designed to luxury standards from top to bottom, this state-of-the-art villa enjoys a sweeping view across the sea and town centre of Kalkan and is situated just a short ten minutes walking distance away from all local amenities and facilities.
Overlooking a beautiful green park with outstanding views, this city within a city project is perfect for family living in Istanbul and is offered today at bargain prices that are set to rise considerably as the completion date nears.
Boasting a smart home system allowing residences to be controlled via the touch of a button, these incredible sea view properties in Istanbul enjoy a fantastic location in a new coastal city district and are fully equipped with facilities.
100 metres from the seaside in Beylikduzu, these beautiful properties form part of a high quality estate in a residential area of Istanbul and are suitable for those wanting to live year round and raise their children away from the city centre.
Private family villa available in a residential area of Ortaalan in Kalkan and suitable for those wanting to live on a permanent basis in Turkey, complete with its own swimming pool and fully furnished for buyers to move in.
Completely furnished luxury duplex apartment for sale in Belek, fully decorated and ready to move in as soon as the purchase process is finished – situated within a superb complex with shared swimming pool and social facilities.
Available in sizes ranging from one – four bedrooms with many different types and floor plans to choose from, these properties are found in Kepez one of the fastest growing investment areas in Antalya and are recommended for viewing.
Huge sized shop for sale in the residential area of Kucukcekmece in Istanbul, located just moments from large family complexes and houses – this supermarket is currently tenanted by a national brand on a long term contract.
Located in the heart of Istanbul, this Starbucks coffee shop is found in Sisli and is just moments away from a major busy high street full of potential customers – this is an excellent investment opportunity in Turkey.
This is an incredible opportunity to own a piece of history in Istanbul when you invest in one of these designer apartments overlooking the sea in Fatih, just moments away from some of the most important landmarks and tourist spots in the city.