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 with family living in mind, this contemporary project offers high quality apartments for sale in the Nilufer region of Bursa in Turkey and is surrounded by amenities including schools, hospitals, and green parks.
Bursa
These quality apartments are located in a residential area of Esenyurt in Istanbul and have Title Deeds in place – suitable for Turkish Citizenship applications with buyers able to combine units to create family homes.
Istanbul
Not to be on the market for long, this residential villa is tucked away in a peaceful area of Dalyan in Metinler and is well worth a viewing – this property offers a private garden for relaxing and spending time outside.
Dalyan
Found behind a green belt area is this tremendous fully furnished family house in the peaceful area of Kiziltas in Kalkan. The home is ready to move in immediately and comes with a lovely garden and private swimming pool.
Kalkan
Offering apartments and villas for sale, this excellent complex rises within the residential area of Aksu, Altintas and is minutes away from the seaside in Antalya – ideal for those looking to move to Turkey with their loved ones.
Antalya
Furnished and ready to move in immediately, this three bedroom duplex apartment is nestled within the peaceful and quiet area of Goynuk in Kemer and is just 1km away from the nearest beach for relaxing at the seaside.
Kemer
The flawless design of these luxury apartments has been done in such a way, that every unit benefits from maximum privacy allowed. These are some of the best homes you will find for sale in Side and are offered fully furnished - all in all, a superb deal indeed.
Side
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
Side
Just 100 metres away from the main street lined with shops and things to do, these modern apartments are for sale at affordable prices in Oba area of Alanya and would be ideal for use as family residences in the sun.
Alanya
If you are looking to live permanently in Istanbul, this outstanding project ticks all the boxes and comes highly recommended for viewing in a residential setting close to lifestyle facilities and everything for raising a family in Turkey.
Istanbul
Designed and built as a luxury resort in Turkey, these Foca properties in Izmir are suitable for those looking to retire, work remotely, or simply spend long summers abroad with their loved ones and families.
Izmir
These low-rise apartments are for sale within the residential area of Sefakoy in Istanbul and form part of an excellent project with on-site shopping mall and superb facilities for residents to enjoy together daily.
Istanbul
Designer properties in the Cankaya area of Ankara overlooking a beautiful view of lakes, boats, and landscaped green gardens – this is an incredible opportunity to purchase a new home in the capital city of Turkey at a great price.
Ankara
One of the top picks currently available in Antalya, this 5-star development offers all the amenities usually found within any town centre around the world and properties are available today with advantageous payment plans to choose from.
Antalya
Built to resemble life within a 5-star hotel, these residences form part of one of the most hotly anticipated complexes in Kargicak area of Alanya and offer access to numerous swimming pools and vast outdoor green spaces.
Alanya
Whether you are looking for a perfect retirement home, a picturesque holiday home, or a savvy investment - this bungalow meets all your needs for Dalaman and is your supreme escape to Turkey every year to quiet settings surrounded by lots of nature and excellent views.
Dalaman
This duplex apartment is nestled within the residential area of Hisaronu in Fethiye and is on the market today as completely furnished and refurbished – just a few minutes walking distance away from the town centre.
Fethiye
With a private swimming pool and excellent location just a short walking distance away from the centre of Kalkan, this two bedroom apartment is ready to move in immediately and furnish to your own standards, it’s a must see.
Kalkan
Designed and built to modern standards, this project rises within Aksu Altintas and offers apartments for sale in various types and sizes – all just a few minutes away from amenities and public transportation.
Antalya
Surrounded by greenery and with views heading out towards the sea, these spacious low-rise apartments are for sale in Gurpinar area of Beylikduzu and are just one minute away from the nearest transportation point.
Istanbul
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