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.
Situated at the top of the peninsula with some of the best sunsets and views out towards the sea is this striking fully furnished villa in Kas – ideal for those looking to live in a peaceful area within easy driving to the town centre.
Kas
Built to luxury standards throughout, this brand new project offers apartments and villas for sale in a residential area of Yalikavak in Bodrum and is just 50 metres away from a private beach for relaxing at the seaside.
Bodrum
With a Metro Underground station opening within the project in 2019, the time to invest is right now before prices skyrocket – this is one of the most important developments that you will find in this area of Istanbul today.
Istanbul
Constructed to quality standards throughout, this private villa is found in Dosemealti area of Antalya and has its own private swimming pool and landscaped garden – suitable for those moving to Turkey with families.
Antalya
With Title Deeds in place and a full range of social and communal facilities, these apartments are located in Ispartakule area of Istanbul and are for sale in sizes ranging from two – four bedrooms with multiple types available.
Istanbul
Calis has long been one of the favourite spots for those who are looking to move to Fethiye or enjoy long summer periods in the region with their families. This luxury five bedroom home would rent exceptionally well in the tourism market come the summer period.
Fethiye
You cannot escape from the allure of this property for sale in sunny Side - one of Turkey's premier destinations for those looking for year round opportunities. This lovely village house is found in a desirable small village offering lots of character and great natural views all around.
Side
Boasting some of the most beautiful marina views imaginable, this four bedroom villa is found in Karagozler and is surrounded by premium quality homes, a great choice for those looking for a luxury lifestyle in Turkey.
Fethiye
Available in sizes up to four bedrooms, this contemporary project offers modern apartments for sale in the Sefakoy area of Kucukcekmece and is close to public transportation for moving and commuting to the centre.
Istanbul
Nestled in Kalkan is this bargain priced villa with a large rental track record and established website for taking on rentals during the summertime. Furnished and with a nice sized swimming pool, this would make a nice little nest egg purchase for someone looking to get the best out of their purchase.
Kalkan
Designed to luxury standards, this penthouse apartment in Komurluk has all the qualities that a private villa would have and is an absolute must see for anyone looking to obtain a high quality of life within 300 metres to the nearest beach.
Kalkan
Within walking distance to the centre of Dalyan, this detached villa is found in Arikbasi and boasts a large garden with fantastic private swimming pool and established rental income for those looking to make an investment purchase in Turkey.
Dalyan
Built to custom standards by a top developer in Kas, this delightful villa has all the charm of a year round family property within the peninsula and is situated within its own private plot with large swimming pool outside.
Kas
Nestled in the Konyaalti area of Antalya is this charming apartment for sale within a small boutique project with access to a pool and gardens – this listing is just 300 metres away from the famous sandy beaches.
Antalya
The largest and most impressive project currently available in Avcilar, this exceptional site comes highly recommended for viewing and is just minutes away from Ataturk Airport, fully equipped with social facilities and shared areas.
Istanbul
Family residence in the heart of Calis, offering five large bedrooms and a highly private landscaped garden with driveway – for anyone looking to raise a family in Fethiye, this house ticks all the boxes and more.
Fethiye
These top quality homes are available in the Buyukcekmece area of Istanbul and are situated just 100 metres away from the seaside with full panoramic views. Buyers can choose from units in sizes up to seven bedrooms.
Istanbul
Peer out over the sea and enjoy a marvellous vista on a daily basis with one of these high quality homes built to luxury standards for a complete lifestyle in Turkey. These are some of the finest you will find in the Alanya region, and well priced within the market for investment.
Alanya
Looking out towards Fethiye Bay and the surrounding mountains with tremendous views, this lovely house is for sale in the residential area of Ciftlik and would make for a wonderful family home to live in on a permanent basis.
Fethiye
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