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.
With Title Deeds in place, these brand new apartments are ideal for those who are looking to apply for Turkish Citizenship through real estate investment and are found within the peaceful area of Yakacik in Kartal.
Istanbul
Just seconds away from Ataturk Airport and within close proximity to Basin Ekspres and the third airport of Istanbul, this is a superb investment opportunity for those looking to get the maximum out of their purchase in Turkey.
Istanbul
Escape to natural surroundings in Turkey when you purchase this peaceful stone house for sale in Kirklareli guaranteeing privacy with a huge plot of land measuring more than 5,000m2 dotted with trees and plants throughout.
Kirklareli
Fully furnished and ready for a family to move in immediately, this tremendous villa is located within a residential area of Kalamar in Kalkan and has its own mature landscaped garden with central swimming pool outside.
Kalkan
Listed at pre-launch prices that are currently around 40% below the regional average for comparable completed projects, this is an excellent investment opportunity for those looking to get in at entry level to maximise their potential return.
Istanbul
Situated within a huge plot of land for a private lifestyle guaranteed, this beautiful bungalow is for sale in the peaceful area of Nif in the Uzumlu Village area of Fethiye and is just a 15 minute drive away from necessities.
Fethiye
Detached villa nestled within a residential area of Kiziltas in Kalkan, on the market today as completely furnished and decorated throughout – this home would be suitable for those looking to live in Turkey permanently.
Kalkan
Built across a single floor for easy living, this bungalow-style villa is nestled within the peaceful area of Kucukbuk and has its own swimming pool and green garden for spending endless summer days outside.
Bodrum
Constructed by one of the best developers in Antalya, this luxury-built villa is found within the residential area of Dosemealti and has its own swimming pool and green garden for spending long summery days outside with loved ones.
Antalya
For sale here is a 5-star luxury designer property in Yalikavak, enjoying 270-degree vistas out towards the Palmarina and sea. Perfect for elite living in Bodrum, this house guarantees a complete private lifestyle in Turkey.
Bodrum
Located in the luxury neighbourhood of Kandilli on the Anatolian side of Istanbul, this designer apartment is ready to move in and would make for a wonderful family home with lots of bedrooms and internal space.
Istanbul
Luxury apartments situated in the sought after area of Kadikoy on the Asian side of Istanbul, offered today ranging from one – four bedrooms with access to a full range of social facilities and on-site areas for residents.
Istanbul
Furnished and ready to move in, this outstanding house has its own heated indoor swimming pool as well as a large swimming pool in the garden – located in the sought after area of Ocakkoy within the Ovacik region.
Fethiye
This renovated house is tucked away within a residential area of Kayakoy in Fethiye and is on the market as completely furnished and decorated throughout – ready for a family to move in as soon as the purchase is finalised.
Fethiye
Top quality and ready to move in immediately, these spacious apartments are found within the residential area of Tilkicik Bay in Yalikavak and are just 300 metres away from the seaside and all daily amenities.
Bodrum
Designed to cater towards those seeking a luxury lifestyle, this incredible villa is found in the gorgeous settings of Zekeriyakoy and is part of one of the top compounds in the area – offering private living and exquisite on-site facilities.
Istanbul
This six bedroom house is nestled within a residential area of Ovacik in Fethiye and is on the market today as completely furnished and ready to move in – just a few minutes away from daily necessities and needed amenities.
Fethiye
Having everything in place for year round living in Turkey, this fantastic detached villa is found within an excellent complex boasting a shared swimming pool and landscaped gardens for sitting and spending time outside.
Fethiye
Within walking distance of Yalikavak Marina and the sea, this fantastic villa has everything in place for family living in a desired area of Bodrum. For more information, please enquire today to speak with our local advisors.
Bodrum
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