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.
Enjoying a sea view from all levels, this designer villa is tucked away in a residential area of Kalkan and is completely furnished ready to move in immediately – a superb pick for those relocating or someone seeking a luxury summer home.
Kalkan
This mansion encapsulates the changing face of Yalikavak into a leading destination for those looking to purchase luxury real estate around the world, and they certainly don't come much more luxurious than this striking dream home with open sea view and swimming pool.
Bodrum
Pick up a bargain retirement home in the sunny settings of Maras in Dalyan when you purchase this rare bungalow for sale just a short three minute walk away from the town centre full of things to do and places to visit.
Dalyan
Outstanding sea view designer properties right at the beachfront in a sought after area of Yalova, this is one of the best projects that you will find in the entire city today and comes highly recommended for further viewing.
Yalova
Offering views that are simply out of this world, this panoramic five bedroom designed villa is tucked away on a hillside in Kalkan and has been fully furnished from top to bottom – all just five minutes away from the nearest beach club.
Kalkan
Large family home in the Gulpinar area of Dalyan, situated within a spacious garden with private swimming pool just 15 minutes to the town centre where you will find an abundance of lifestyle facilities and things to do year round.
Dalyan
This traditional house in Dalyan is situated within a large garden with lots of privacy and a spacious central swimming pool to enjoy. For sale at an excellent price, this listing includes white goods for a smooth transition to life abroad.
Dalyan
Laid out internally by a famous Turkish designer, this high quality home is found in the centre of Dalyan and has a long history of rental bookings for investors seeking income with their purchase of real estate in Turkey – do not miss this one.
Dalyan
Modern flats available for purchase in sizes ranging from two – four bedrooms, overlooking the Taurus Mountains with incredible views and located just 20 minutes driving distance away from Antalya International Airport.
Belek
Just a short 15 minute walking distance away from the centre of Belek where you will find an abundance of things to do is this wonderful family home for sale at a great price for those looking to relocate or spend summers in Turkey.
Belek
Just a short walking distance away from Ortakent beach, this brand new contemporary development offers luxury apartments for sale designed to excellent standards with a shared swimming pool and mature landscaped gardens.
Bodrum
Centrally located and built to contemporary modern standards in Bodrum, these first class luxury villas enjoy supreme Bay and sea views and are set within spacious private gardens with swimming pools attached.
Bodrum
Located within a 5-star beachfront complex, this sea view apartment has access to world class facilities including a private beach, jetty, restaurants, and cafes – you will never tire of your new life in Gundogan when you purchase here.
Bodrum
High end luxury villas overlooking the sea in Gundogan with unobstructed views for as long as the eye can see. These tremendous properties are fitted with a smart home automation system and private elevator in the garden for easy living.
Bodrum
Situated within private gardens with large swimming pools, these detached houses are found in the premier sailing town of Turkey, Gocek, and with only four available, time is running out for those looking to live in this quaint area.
Gocek
Situated in a spacious garden with large swimming pool and sunbathing terrace, this four bedroom detached house in Hisaronu is just five minutes driving distance away from the world famous Blue Lagoon at Oludeniz.
Fethiye
Fully furnished immaculate family villa listed at a great price and located just a few minutes away from the lively town centre of Hisaronu, situated within an award-winning complex with access to a shared swimming pool and gardens.
Fethiye
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
Completely furnished and decorated from top to bottom, this duplex apartment is ready to move in today in the residential area of Gulpinar in Dalyan, just moments away from all your lifestyle needs and family amenities such as restaurants and shops.
Dalyan
Choose from a luxury apartment ranging in sizes from two – four bedrooms when you invest in one of these sea view residences in Buyukcekmece, located just 400 metres away from the stunning coastline and full of on-site facilities.
Istanbul
This readymade business is located in the heart of Bodrum Centre and is only five minutes away from the famous Marina and Castle, offering a range of different suites and rooms for all types of travellers and families looking to holiday in Turkey.
Bodrum
This is an opportunity to purchase a luxurious house right in the centre of Bodrum, just minutes from the Marina Yacht Club and enjoying some of the most incredible Castle and Sea views from your hugely private garden.
Bodrum
This rare stone house has recently been renovated throughout and is offered for sale today as furnished and located in the historical setting of Kayakoy, overlooking the Ghost Town with incredible views – do not miss this one.
Fethiye
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