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.
Rising in the peaceful area of Nilufer in Bursa, these charming apartments are on the market at affordable prices and have spacious bedrooms inside – providing space for families to live together comfortably with nature views.
Bursa
This project has been equipped with a range of social facilities and shared spaces for those who are looking to relocate to Bursa with their loved ones on a permanent basis – rising in the fast-growing area of Nilufer.
Bursa
Built with year round living in mind, these Kalkan apartments are found in a central area and are just moments away from daily amenities – choose from units ranging up to four bedrooms with various types available.
Kalkan
This semi-detached villa is nestled within a residential area of Calis and has five bedrooms inside for the largest of families to live together in Turkey. This property is in need of some TLC, hence the bargain price.
Fethiye
Designer residences for sale in the Narlidere area of Izmir enjoying an uninterrupted panoramic view of the sea and surrounding forests – available for purchase in sizes from two – four bedrooms and fully completed.
Izmir
Bargain priced high quality villa in the heart of Kalkan, overlooking the Bay with a wonderful panoramic view enjoyable on a daily basis – this fantastic home also has a separate one bedroom self-contained apartment on the lower floor.
Kalkan
Excellent home located in a quiet residential street of Kalkan, just five minutes from the nearest beach clubs and amenities. This is a superb choice for those looking for a furnished property ready to move in today.
Kalkan
Highly suitable for living with a family in Turkey is this wonderful detached villa found in a quiet area of Calis in the Fethiye region and just a short walk away from all daily amenities and shops needed on a daily basis.
Fethiye
Designed to perfection, this project offers apartments and villas for sale in the heart of Kalkan and overlooks the sea with a view to die for – this one ticks all the boxes for residential living in Turkey and has recently been completed to top standards.
Kalkan
Ready to move in today, these spacious apartments are located in Media Highway Basin Ekspres in sizes one – three bedrooms, perfect for both investors as well as lifestyle buyers looking to purchase in the newest business district in Istanbul.
Istanbul
This excellent project is nestled in Pendik on the Anatolian side of Istanbul and has lovely views heading out across the forest and sea from attached balconies and terraces – suitable for families moving to Turkey.
Istanbul
Suitable for families looking to move to Turkey permanently, these spacious apartments are nestled within a residential area of Kizilarik in Kepez and are just a few minutes away from amenities and public transport.
Antalya
Panoramic sea view apartments for sale in Cesme just metres away from a private beach with long pier for relaxing on a daily basis – this is a high-tech development full of 5-star facilities reminiscent of a grand hotel.
Cesme
Metres from the Valley of Life, these family apartments have been designed to the highest quality on the European side of Istanbul in Beylikduzu and are minutes away from a Metro and Metrobus station. Suitable for Turkish Citizenship by Investment.
Istanbul
A superb opportunity to not only build an exclusive mansion in Gocek, but to invest in the region and take advantage of the ever growing area with high rental gains and a peaceful surrounding for your ideal Turkish escape. Lots of potential is to be had here with this golden opportunity.
Gocek
Charming fully furnished villa located in Side town centre with easy links to the beach and antique town. A great lifestyle buy for those who want to move to Turkey, this property is ideal for year round living in one of Turkey's top regions and areas.
Side
This wonderful detached four bedroom villa is situated in a quiet area in Ovacik and is the perfect family home listed for sale completely furnished and ready to move in immediately – all just ten minutes away from Hisaronu.
Fethiye
Comfortable and practical, these lovely residences are suitable for Turkish Citizenship by Investment and are located in beautiful Bahcesehir, just moments away from Kanal Istanbul and Kucukcekmece Lake.
Istanbul
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