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 using local stone, this gorgeous family villa overlooks stunning scenery of nature and valleys in Yalikavak and ticks all the boxes for those looking to live permanently in Bodrum close to facilities.
Bodrum
With three apartments inside, this building is perfect for those looking to invest in Kas and attract a high level of rental income all summer long – these listings share access to a swimming pool with an incredible sea view.
Kas
This spectacular property is just a short 10 minute walking distance from what is arguably the best beach in Bodrum and one of the most dramatic sunsets in the entire peninsula. Fully furnished and ready today, this is an exceptional opportunity.
Bodrum
High end unique villas located in Torba, boasting incredible sea views and excellent setting within a complex designed by one of the most renowned and sought after developers in all of Turkey – this is as luxurious as you will find.
Bodrum
Built to exceptional standards throughout, this detached villa is for sale in the sought after neighbourhood of Akarca within Fethiye region and is just a short walk away from everything needed on a daily basis.
Fethiye
Recently renovated in 2007, this modern house in Kaleici offers comfortable living in Antalya close to the main streets and monuments in the area. A swimming pool could easily be installed if wanted and there is a nice private garden where your children and family can enjoy the sunshine.
Antalya
Our real estate analysts suggests that anyone who purchases a home within this 5-star elite project could see a total return on their money within 10-12 years, making this a property in Turgutreis that you simply cannot miss.
Bodrum
Construct and build your very own dream home in Turkey with this panoramic sea view land found in the hills of Yalikavak in Bodrum. An ideal investment opportunity set amongst the elite homes within the area that regularly sell for well over a million Euros.
Bodrum
Rented by a national supermarket with ten years left on the current tenancy contract is this high quality commercial shop for sale in Istanbul on the Anatolian side, situated in a residential are full of life and families living.
Istanbul
Outstanding apartment for sale in Etiler area of Istanbul, situated just a few minutes away from Zorlu Centre and close to Levent and Maslak – this is a must see residence forming part of a 5-star development in the centre.
Istanbul
Built to luxury standards by a sought after developer in Bodrum, this outstanding property is for sale in Ortakent and forms part of a top complex just 500 metres away from the nearest beach for relaxing at the seaside.
Bodrum
One of the largest plots that you will find on Sovalye, this is an incredible opportunity to build a beautiful home with private access to the sea and mooring facilities ideal for a boat lover seeking to explore the seas surrounding Turkey.
Fethiye
If you are looking for a family home in Gocek Bay, look no further than this property found at the upper end of the luxury scale and complete with gorgeous interior design and exquisite gardens with private swimming pool.
Gocek
Infinity swimming pool detached villa for sale in a residential area of Yalikavak in Bodrum, just a short 300 metre walking distance from the beach and within close proximity to daily shops and local amenities in Turkey.
Bodrum
Situated at the waterfront in a prime position, this outstanding stone built villa is found in the Kas peninsula of Turkey and is a must see for those looking to live in the country close to all daily amenities and facilities.
Kas
Overlooking the sea with a delightful view is this spacious plot of land for sale in a highly sought after residential area of Gumusluk, just minutes away from the nearest beach and within close proximity to town centre amenities.
Bodrum
Built to superb standards from top to bottom, these exceptional villas are found in a quiet area of Yalikavak and are 150 metres away from the beach for relaxing on a daily basis. Enquire today before these have been sold.
Bodrum
Ideal for family living in downtown Yalikavak, this four bedroom detached villa is set within a large private garden with beautiful view out towards the sea just 50 metres away – you simply cannot get closer to the ocean if you tried.
Bodrum
Detached villa for sale in the heart of Kalkan, just a short walk away from popular restaurants and busy bars for spending days relaxing and enjoying life in Turkey – this is a tremendous home for the entire family to enjoy.
Kalkan
This is a large weekly supermarket for sale in the Arnavutkoy area of Istanbul, offering rental income immediately for a new investor and is tenanted with a long ten years remaining on the current contract signed.
Istanbul
A gorgeous front coastal line property in a stunning 4,500m2 private plot of land ensuring an exclusive lifestyle is more than attained in Turkey. Found in Faralya nature reserve, this residence has an unrivalled amount of potential for new owners to uncover. Make that dream come true with this one.
Fethiye
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