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.
Close to Belgrad Forest in the peaceful area of Gokturk, these brand new apartments are for sale in sizes ranging up to three bedrooms and are just 15 minutes driving distance away from the new third Istanbul Airport.
Istanbul
Built using locally sourced stone, this magnificent villa is found in a residential area of Side in Antalya and has its own garden and swimming pool – all just a short drive away from the popular beaches and daily amenities.
Side
Built to luxury standards, these new villas are located in the Kargicak district of Alanya and have beautiful views out across the surroundings – ideal for those with children who are looking to make a permanent move.
Alanya
Resale apartment that has been kept in excellent condition by the owners, suitable for family living in a residential area of Gursu in Konyaalti and within 150 metres to the nearest popular beach and all local amenities.
Antalya
Priced to sell quickly, these bargain apartments are located in central Istanbul in the sought after area of Kagithane and are available up to three bedrooms in size for buyers to choose from – this is a must see development.
Istanbul
Located in a sought after residential area of Istanbul, these spacious apartments are suitable for raising children in a friendly part of the city just 15 minutes away from historical landmarks and the centre for commuting and working.
Istanbul
Boutique apartments for sale in a residential area of Bahcesehir, ideal for discerning families looking to live in a friendly part of Istanbul close to everything needed on a daily basis – this is one of our top picks in the entire city.
Istanbul
A magnificent design are these oval homes featuring a futuristic minimalist design using the very latest advancements in modern technology including a voice recognition system to present everyday functionality designed by a renowned Swedish architect in Alanya.
Alanya
Only 15 minutes away from the town centre where you will find all your everyday amenities and facilities is this family villa in residential Dalyan, listed for sale at a great price for those looking to make the move in the near future.
Dalyan
Available for buyers as villas or apartments, these spectacular properties are for sale in Bodrum and have access to a private sandy beach within easy walking distance – for more information, please contact us today.
Bodrum
A very spacious villa in Kemer for sale within a residential area with lots of privacy ensured making this a lovely getaway for you to escape to in the summer. A large sized swimming pool and pretty gardens make this a beautiful spot to invest and purchase a holiday villa.
Kemer
Escape to Fethiye to private settings in Seydikemer with this spacious four bedroom project surrounded by a beautiful pine forest complete with large pool and unique design that will keep the whole family happy in their new life in the Turkish countryside - absolute bliss.
Fethiye
Supreme family villa found on the marina side of Kas would make for an ideal stopover for anyone seeking to explore the region to the fullest with several landmarks and tourist areas nearby to keep you enjoying life - listed as fully furnished and well priced for what is on offer.
Kas
Nestled within the Eldirek area of Fethiye, this charming villa is just a short 15 minute drive away from the main town centre and things to do on a daily basis – ideal for those looking to escape to the Turkish countryside.
Fethiye
Long term rented commercial real estate in a shopping centre in Gunesli, currently operated by a Turkish bank in Istanbul and for sale today at an excellent price with impressive rental yield that can only go higher.
Istanbul
Furnished and ready for a new family to move in immediately, this charming detached house is located within Hisaronu area of Fethiye and is a must see for those looking to relocate to Turkey on a permanent basis.
Fethiye
Forming part of a high quality complex with access to green mature gardens and a central swimming pool are these fantastic apartments in Adabuku for sale, nestled just a short distance away from local amenities.
Bodrum
Strategically located to offer sea views from all floors, these Maltepe apartments rise on the Anatolian side of Istanbul and are perfect for investment with the area fast-growing as one of our top picks in the city.
Istanbul
Close to all daily amenities in a peaceful area of Ovacik, this luxury designed villa is found close to Oludeniz Beach and is a must see for someone looking to live in Turkey permanently with children and loved ones.
Fethiye
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