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.
Beautifully crafted throughout, this stone villa for sale is found in the centre of Alacati - a hub of tourism that comes alive during the summer months with a wealth of tourists looking to take in the surf and enjoy the stone cobbled streets and bustling centre that you will find here.
Alacati
Built to deluxe standards by a top developer in Alanya, these Kargicak villas have delightful views heading out towards the sea and surroundings and are situated within private gardens with swimming pools to enjoy.
Alanya
Located on the Anatolian side of Istanbul, this outstanding project offers apartments for sale at great prices for family living in Turkey and has spectacular views heading out towards the Bosphorus Sea and surroundings.
Istanbul
Looking out towards the sea, this duplex apartment is nestled within the heart of Fethiye and is just a short walk away from local amenities and everything needed on a daily basis – this is one not to miss out on.
Fethiye
Surrounded by some of the best restaurants, cafes, art galleries, and culture, these Istanbul properties are found right in the central heart of the city in the sought after area of Bomonti, within walking distance to Nisantasi.
Istanbul
Completed and ready for buyers to move in immediately, these contemporary apartments are found within a highly desired area of Kepez in Antalya and have access to a plethora of social facilities providing daily things to do.
Antalya
These low-rise apartments are suitable for raising a family in Turkey and are nestled just a few minutes away from the seaside in Buyukcekmece – Title Deeds are ready, making these suitable for Citizenship by Investment.
Istanbul
Furnished and ready to move in immediately, this picturesque villa is nestled within a quiet area of Ovacik and has its own private swimming pool and landscaped garden for relaxing and spending time with loved ones.
Fethiye
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
Nestled in peaceful settings, this property is for sale in Kizilbel Village in Uzumlu and has panoramic views of the surrounding mountains and nature – all just a short drive away from daily necessities and amenities.
Fethiye
A ten minute walk from local restaurants, shops and supermarkets, this villa is set in the perfect location for those who are looking for the best of both worlds – from relaxing by the pool at home to shopping for local delicacies.
Kalkan
Within walking distance to the Old Town of Kalkan, this deluxe five bedroom property has all the makings of a wonderful family home in Turkey and features its own private garden with spacious swimming pool overlooking the sea.
Kalkan
Located in the countryside area of Patara in Kas, this wonderful property is on the market today as completely furnished and decorated throughout – this is one that you do not want to miss and comes highly recommended.
Kas
This brand new project offers apartments for sale in the Avcilar area of Istanbul, ranging from one – four bedrooms with different floor plans for buyers to choose from – highly suitable for families wanting to live in a friendly area.
Istanbul
Construct and build up to seven detached villas within this site when you purchase this superb land for sale in Silivri area of Istanbul, located just a short 250 metre walking distance away from the seaside and beach.
Istanbul
Accessible to the centre of Istanbul and Taksim within 15 minutes, these high quality apartments are found in Kagithane and are available in sizes ranging from one – four bedrooms with multiple types for buyers to choose from.
Istanbul
Fully furnished and ready for a family to move in immediately, this charming villa is nestled in the residential area of Kas Goksek within the peninsula and has sweeping views heading out towards the sea and natural surroundings.
Kas
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