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.
Gocek is well known as one of the top locations for sailor's and those interested in taking adventures on the water on a daily basis. With this property you can place yourself just minutes away from some of Europe's best sailing routes with a private mooring facility found on-site.
Gocek
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
Uniquely designed, this one-off villa is found in Yalikavak and is just 100 metres away from the nearest beach, all daily amenities, and facilities – this is an outstanding property in an elite neighbourhood in Bodrum with a panoramic sea view.
Bodrum
Available as luxury apartments and villas, this project has been constructed to outstanding standards by a sought after developer in Istanbul and is found in Zekeriyakoy area of Sariyer, surrounded by nature at every turn.
Istanbul
Found besides Buyukcekmece Lake is this gorgeous ten bedroom mansion for sale, designed to exceptional standards using the best possible materials and set within a huge private plot with swimming pool and an abundance of other features.
Istanbul
Looking out towards the sea and Palmarina with incredible 180-degree views, this is a luxury designed property for sale in Yalikavak that would make for an excellent family home with infinity private swimming pool and garden.
Bodrum
Just 250 metres away from the nearest beach and local amenities is this luxury designer villa for sale in a sought after area of Bodrum. The interior of the home can be customised to the buyers needs, making this an outstanding opportunity.
Bodrum
Located in the historic peninsula, these luxury sea view homes are some of the most highly anticipated properties to come out of Fatih in recent years and are available in sizes ranging from one – six bedrooms for all types of buyer.
Istanbul
Completely furnished and ready to move in immediately is this stunningly beautiful family home for sale in Hadimkoy area of Istanbul – situated within a vast plot of land guaranteeing a private life with swimming pool to enjoy.
Istanbul
At the edge of the water is this historic and prestigious apartment for sale in Istinye at a great price for someone looking to live amongst the most wealthy and cultured neighbourhoods in all of Istanbul. Do not miss this opportunity – call us today for more information.
Istanbul
Close to the antique Pedasa City in Konacik, this huge plot of land has ample room to build a dream home in the Bodrum peninsula of Turkey and is just a few minutes driving distance away from amenities and necessities.
Bodrum
Designed to luxury standards throughout, this outstanding sea vista property is tucked away in a peaceful area of Turgutreis in Bodrum and is just a short distance away from the nearest beach and daily amenities for living in the peninsula.
Bodrum
Just ten minutes walking distance away from the world famous Palmarina in Bodrum, this designer villa offers 180 degree panoramic sea views stretching endlessly across the bay and has been designed to 5-star standards throughout.
Bodrum
Invest in an entire apartment building when you purchase this block of flats for sale in the prime area of Konyaalti in the city of Antalya – all just moments away from amenities and public transportation for moving around.
Antalya
Outstanding mansion for those looking to attain a luxury lifestyle in Istanbul; this property is found within a huge plot measuring 2,500m2 and is surrounded by trees and nature to create a completely private life away from the city centre.
Istanbul
Operating as a furniture store for years, this is an exceptional investment opportunity for those looking to buy commercial property in Beylikduzu, right next to the E-5 Road for easy access for customers.
Istanbul
This mansion offers an abundance of privacy for buyers who are looking to live an exclusive lifestyle with minutes of the famous Yalikavak Marina in Bodrum. For more details, enquire today to speak with our local advisors.
Bodrum
This is a unique opportunity for an investor to purchase two large properties with discount when you buy both. Found in the popular and peaceful area of Buyukcekmece, you are just minutes away from the TEM and E5 highways.
Istanbul
Designed to luxury standards, these Gundogan villas enjoy some of the most incredible full sea and bay views imaginable – this is an unmissable project of just nine villas in total, each one set within its own garden with swimming pool.
Bodrum
Completely furnished and established, this hotel is located in the historic centre of Istanbul in Sultanahmet and has a full tourism license in place for new owners looking for a ready made business in the heart of the city.
Istanbul
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