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.
Enormous project of more than 1,000 apartments in Beylikduzu – this commanding project has been constructed by one of the most reputable developers in the country, ensuring only the best in quality and timely delivery.
Istanbul
Private house located in a very central location in Konacik, suited to those seeking year round possibilities that are just five minutes away from the nearest beach and Bodrum centre where you will find a full range of excellent amenities.
Bodrum
Situated in what is arguably the most elite and prestigious neighbourhood on the Asian side of Istanbul, this project offers first class homes for families looking to make the move to Istanbul with only three bedroom units available.
Istanbul
With all the luxury details that any five-star hotel would have, this stunning contemporary project offers superb living for anyone looking to make Antalya their new home, and more specifically, the famous beach area of Konyaalti which is found just a stone’s throwing distance away.
Antalya
Newly constructed apartments for sale in Antalya, Lara, ranging from one, two, or three bedrooms in size for those of all budgets and family sizes. These units are well located with easy access around the city to the beach and centre.
Antalya
Uber modern villa located in Tarabya, designed from top to bottom with a luxury lifestyle in mind for someone who is looking to place themselves amongst the upper echelons of the city – this property certainly meets your criteria.
Istanbul
Sitting in the eagle’s nest in Uzumlu overlooking the surrounding nature and valleys is this wonderful, customisable property for sale featuring one of the most breath taking interior designs that we have come across in Turkey today.
Fethiye
State of the art contemporary project just 10 minutes away from Bodrum centre complete with a tremendous view out towards the castle and beyond, designed with spectacular technology, this is a project you cannot miss.
Bodrum
600 metres away from the famed Konyaalti beach is this project nearing completion and offering a range of apartments from one – three bedrooms in size. Complete with a full range of facilities including swimming pools and gardens.
Antalya
Luxury epitomised in this one of a kind home with spectacular open sea views and superb facilities to make your new life in Turkey one to be admired from all fronts. This property truly is a remarkable example of the ilk of real estate that you can find in Turkey today.
Bodrum
We cannot stress the importance of this investment enough – this is a superb opportunity to own a building with 62 hotel-apartments within, giving you an abundance of possibilities to go forward with your investment in Konyaalti.
Antalya
An ideal investment for someone looking to capitalise on their purchase is this spacious villa that could be rented to tourists in peak summer months. Combine your holiday home with a smart investment and enjoy long summers in Turkey overlooking the sea.
Kalkan
If you are looking to stand out from the rest in terms of stunning design and spectacular features, then this Uzumlu detached villa with five bedrooms might be the one for you. This signature residence features lots of privacy in tranquil settings and a crisp, clean, contemporary design.
Fethiye
400 metres away from the nearest beach is this custom built modern villa designed with luxury living in mind in Side. There is room in the garden to install a private swimming pool, while a roof terrace provides spectacular panoramas.
Side
Four bedroom Turkish villa for sale is found within minutes to the beaches and sea. This modern and contemporary home is located in Calis and is a quiet getaway for a family looking for a summer home to relax and enjoy life with the sun basking down upon them.
Fethiye
Fetching a grand rental income of 10,000 Euro per month in peak summer months is this luxury villa for sale in Yalikavak offering an unobstructed sea view for as long as the eye can see. This is a marvellous home that stands out from the rest.
Bodrum
Konyaaltii is home to one of the best beaches in all of Turkey and these luxury apartments are within easy travelling distance to the sea, for a first class lifestyle in Antalya with a range of excellent on-site facilities for daily living.
Antalya
42,500m2 luxury plot of land located within the most elite area of Bodrum where the likes of Bill Gates and Roman Abramovich spend their summer vacations. There is a wealth of opportunities to uncover here for an investor.
Bodrum
Fully furnished and ready to move in is this bargain priced home found in the most picturesque of settings in Kalkan with a beautiful view and exquisite settings. Lavish in the views from the expansive rooftop terrace stretching all the way out to the sea and beyond.
Kalkan
Within walking distance to Kalkan Town centre are these two villas situated on a small and private estate with excellent views towards the harbour and sea. Completely furnished, you can move in as soon as the purchase process is complete.
Kalkan
Within a walking distance to both the town centre and the nearest beach, this bargain priced villa is the ideal solution for those who are seeking a high quality home within a sought after complex of other expat families and friendly neighbours.
Gocek
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