Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
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.
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.
Custom your own luxury villa in Alanya with this superb home boasting a spectacular design that will not be out of place in some of the most luxurious locations around the world. The only difference? This one would be a snip of the price you could pay elsewhere. A modern villa.
Enjoying stunning panoramic sea views over Cikcilli, this Alanya penthouse is a very good buy at a very low price considering all that is on offer with this home. Situate yourself just minutes from the sea in one of Turkey's top destinations for tourism every summer.
Ever wanted to build your own dream home for less than £300,000? Our real estate planners suggest that is entirely possible with this large plot of land located in nice tranquil surroundings in idyllic Uzumlu in Fethiye. There are lots of opportunities and potential to be uncovered here.
Oozing luxury from head to toe is this fabulous fully furnished villa found in Alanya offering breathtaking sea views against the natural backdrop of the Taurus Mountains. Close to both the town centre and within walking distance to sandy beaches. A great investment.
Renovation project for a serious investor looking to open up their own boutique hotel in Antalya. The sky is the limit with this one, the tourism industry in Turkey is continually growing with over 30 million tourists in the last year alone, so here is your chance to grab a piece of the action and enter the Turkish real estate market in a big way.
Recently renovated in 2007, this modern house in Kaleici offers comfortable living in Antalya close to the main streets and monuments in the area. A swimming pool could easily be installed if wanted and there is a nice private garden where your children and family can enjoy the sunshine.
This property is found in Kemer and has 4 large bedrooms and 3 bathrooms and is located in a private plot of land. The home is perfect to be used as a retirement home in the sun, situated right in the Mediterranean sun.
Located along the Turkish Riviera you will find the quaint and charming town of Kemer - offering a peaceful village lifestyle if this villa for sale just 5 minutes from the centre. Marvel in the nature surroundings and backdrop of the Taurus Mountains and forest settings making great walking scenery.
Located on the marina side of Kas Peninsula, the property is just 100 metres from the sea and sand. The villa is located in a large plot of land measuring 1,700sqm that is superb for privacy and enjoys spectacular views over the sea and surrounding mountain.
Superb location land for sale. This opportunity is not to be missed – a chance to scope and put together your very own dream home in Gocek. This land measures in at 1,300sqm and is just literally metres away from Pork Gocek
A perfect holiday home is this gorgeous apartment in Goynuk, Kemer, found just 5 minutes to the beach or 15 minutes away from Tahtali Ski Resort - meaning you enjoy perfect holidays no matter what mood you are in, beaches, ski resorts, marinas, sea, and much more. A lovely location.
The villa in Kas comes complete with its very own large private pool and access to its own private beach platform. Perfect for long summer getaways. Located on Kas’ Cukurbag Peninsula, the villa is very large and spacious and located in a peaceful and private area.
One of the last remaining waterfront land plots in Kas Peninsula Turkey directly opposite the Greek Island of Meis suitable for a villa to be built with mooring. The land has planning permission for a house of around 200sqm closed living area. Access to water is assured.
A mere couple minutes walking distance from sandy beaches are these holiday apartments for sale in the family friendly area of Camyuva in Kemer. Could also be purchased as investment with an eye on the buy to let renal market in Turkey. All in all, a nicely presented apartment with lots to offer.
Ideally located for those wanting to be at home with nature, surrounded by green views and Taurus Mountain views is this luxury complex found in Side offering several apartments for sale at affordable prices and stylish both inside and outside. Highly recommended.
This large spacious 3 bedroom resale villa epitomises the best of real estate in Side on offer at the moment. Found close to the beach in a family friendly complex, this would be an ideal spot for a family to move to Turkey and begin their new life of luxury abroad in the sun.
Located within 60 metres to the sea are these fabulous Club Patara Kalkan properties for sale. Offering 2 large bedrooms, truly spectacular sea views, and all for sale as fully furnished. This is a perfect resort that you could make your annual holiday home for some relaxing Turkish sun.
Modern Contemporary property for sale on Kas Peninsula, Turkey with superb sea views catches best of sunrise and sunset over the Meis Island offers 4 en-suite bedrooms. This lovely villa stands out with its design and position.
Within walking distance to the world famous Konyaalti Beach in Antalya and fit for year round living in one of Turkey's biggest cities, this apartment is an ideal spot for those looking to relocate abroad permanently to a bustling area with enough year round life to keep you entertained non-stop.
Enjoy perfect sea views throughout with this luxury 3 bedrom property in Kas for sale with potential to easily convert into a 4 bedroom residence. Ideally located close to the Marina and just 100 metres away from the seafront - a perfect lifestyle awaits you in Turkey.
Located within an easy walking distance to the beaches in Side are these wonderful apartments for sale offering superb Taurus Mountain views and complete with a 5 year payment plan in place for those who are looking for an easy payment options when purchasing abroad.
Located in the prime area in Sorgun Forest for residential living is this stunning complex offering a series of apartments in different sizes for sale. Completed in 2012, the complex is to a high standard and modern in design - fitting your every need and requirement.