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.
This is a great opportunity to purchase a residential shop in Beylikduzu area of Istanbul, found in an amazing spot along a high street with thousands of potential customers walking past every single day.
Istanbul
Brand new property ready to move in immediately, this detached villa is found in the quaint town of Gocek and has its own private pool and garden – all just minutes away from the famous Marina for those who love sailing.
Gocek
Metres away from the seaside and beach, these beautiful properties have been designed with luxury living in mind in the Yalikavak area of Bodrum and can be purchased as apartments or private villas with swimming pools.
Bodrum
Looking out across the mountains and nature, this semi-detached villa is on the market today at an affordable price and is ten minutes away from the centre of Gocek where all daily shops and amenities can be enjoyed.
Gocek
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
Ranging from one – four bedrooms, these apartments are suitable for those wanting to live in a peaceful area of Kargicak on a year round basis and are just a short walking distance away from the nearest sandy beach.
Alanya
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
A perfect escape for those looking to enjoy the Turkish countryside, this tremendous villa is found in the Uzumlu area of Fethiye and is for sale at a great price – complete with its own private garden and swimming pool.
Fethiye
Furnished and ready to move in, this spacious apartment is located within a peaceful complex in a residential area of Calis within the Fethiye region of Turkey – all just a short walk away from the beach and necessities.
Fethiye
Looking out across the city with 360-degree panoramic views, this fantastic penthouse-style apartment is for sale in Umraniye on the Anatolian side of Istanbul and is just a few minutes away from daily necessities.
Istanbul
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
Incredible villa in Konacik with sweeping views and fabulous sunsets, this house is found on a hill and overlooks some of the most impressive sights you could imagine, all while being just five minutes away from Bodrum Centre.
Bodrum
Full Bosphorus Sea view home for sale in the artistic area of Cihangir, just a few minutes walking distance away from the seafront and close to Taksim Square – you will struggle to find a better listing in this part of the city.
Istanbul
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
Built to excellent standards throughout, this brand new apartment is found in a residential area of Besiktas in Istanbul and has sea views out towards the Bosphorus and the Golden Horn from a large balcony and terrace.
Istanbul
This is an exciting opportunity for someone to purchase two properties within a vast plot of land in the peaceful and quiet area of Nif, surrounded by mountain views at all corners; this one ticks all the boxes.
Fethiye
For sale here is an incredible five bedroom Tarabya villa overlooking the Bosporus Sea within a secure 24 hour gated complex, one of the finest complex areas in Sariyer featuring on-site swimming pools and residential facilities.
Istanbul
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
Located at the seafront in Gocek, this luxury designer villa is just minutes away from the largest marina for those who love sailing and is for sale today as completely furnished and ready for new owners to move in immediately.
Gocek
Overlooking the sea with a delightful view, this detached villa has all the makings of a wonderful family home in Kadikalesi area of Bodrum and is just a short 500 metre walking distance away from the nearest sandy beach.
Bodrum
Built to exception standards, this peaceful house is for sale in the Ocakkoy area of Fethiye and has stunning views across the surrounding nature and countryside – suitable for those wanting to escape to Turkey.
Fethiye
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
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
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