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.
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
Built to luxury standards throughout, this brand new villa is found in a quiet area of Konyaalti and is just minutes away from the sandy beach for those looking to spend long weekends relaxing and spending time with loved ones.
Antalya
Completely furnished and designed in a luxury manner from top to bottom, this is an incredible opportunity to buy a home in Antalya – this 5-star villa forms part of a sought after compound in Dosemealti with social facilities.
Antalya
Available in sizes ranging up to three bedrooms, these brand new properties are suitable for living on a permanent basis in the residential area of Mahmutlar in Alanya and have access to a full range of social facilities and amenities.
Alanya
Just a short 40 metre distance away from the sea and private beach is this luxury designer villa for sale in the peaceful area of Bogazici in Bodrum – fully furnished and ready for new owners to move in today, this is one not to miss.
Bodrum
Designer property for sale in Faralya just moments away from daily amenities, enjoying a wonderful view out towards the sea and nature, as well as being within easy driving distance to the world famous Blue Lagoon at Oludeniz.
Fethiye
This designer villa offers panoramic sea vistas and has been built to luxury standards setting it apart from the rest in bohemian Gundogan in Bodrum. It is home to an abundance of added extras including a sauna, smart technology, and even a movie room.
Bodrum
Built to modern standards from top to bottom, this is a stunningly beautiful villa for sale in a peaceful area of Uzumlu in Fethiye, within five minutes to the centre and situated within a private garden with large swimming pool.
Fethiye
Situated within a private landscaped garden with swimming pool, this picturesque villa is nestled in a residential and sought after area of Gocek and is just a few moments away from the famous marina for sailing.
Gocek
Built using local stone of the highest quality, this charming villa is completely furnished and is located in a private area of Uzumlu in Fethiye with superb mountain and green valley views from terraces and balconies.
Fethiye
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
Cekmekoy properties for sale surrounded by forests and nature views from large private balconies attached to all units – this is a must see for those looking to live in a peaceful area of Istanbul close to public transportation.
Istanbul
Built to excellent standards throughout is this lovely family home for sale in Nilufer area of Bursa, located within its own private garden with tremendous views heading out towards the surrounding nature and scenery – a must see.
Bursa
Detached mansion style property for sale in a residential area of Bitez, complete with its own private swimming pool and landscaped gardens – this home is built to luxury standards and is ideal for year round living in Turkey.
Bodrum
Suitable for raising family in Turkey, this modern detached villa is just a short ten minutes away from the world famous Blue Lagoon Oludeniz Beach and is nestled away in Ovacik with tremendous views of the mountains and surroundings.
Fethiye
Offering a completely private lifestyle in Bodrum, this panoramic view villa is nestled in a peaceful area of Konacik just a few minutes from the town centre – perfect for buyers who want to relocate with a family.
Bodrum
Enquire today to secure your home at the lowest possible price before stated increases – this is an extraordinary seafront development with a wide range of social facilities designed to provide a luxury lifestyle to all those who buy here.
Istanbul
Suitable for living in Izmir all year round, these bargain priced apartments are found in the Bornova area and are close to a Metro station for commuting and moving around the city to important hotspots and popular landmarks.
Izmir
Complete with shared facilities and stunning sea views, this brand new project is found in Kargicak and offers apartments for sale ranging up to three bedrooms with matching bathrooms and open plan kitchens with offset living rooms.
Alanya
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
Tucked away in peaceful settings, this Inlice Village property has its own private swimming pool and is for sale at a great price for those looking to escape to the countryside in Gocek, just minutes away from the nearest beach.
Gocek
Situated within one of the most famous projects in the entire city of Istanbul, this panoramic apartment is for sale in the Maslak district and has four bedrooms inside for the largest of families to live together comfortably.
Istanbul
Enjoying views out towards the sea and surroundings of Fethiye, this Akarca duplex property has everything in place for year round living in Turkey and is just 100 metres walking distance away from the seaside.
Fethiye
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