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.
Fully furnished villa for sale in a residential area of Side, overlooking the sea and mountains with tremendous views stretching endlessly – this property is ready to move in immediately and has its own private garden and swimming pool.
Side
Renovated 100% legally and fully furnished to move in, this is a unique opportunity to buy a piece of history in Kayakoy Village area of Fethiye. This property has its own mature garden and swimming pool outside.
Fethiye
Fully furnished family residence in Kalkan just 200 metres away from the famous Thursday market and listed for sale as completely furnished. This villa includes a private garden and pool, and has five bedrooms for all the family.
Kalkan
Invest in a ready made business on the main street of Calis just metres from the beach and promenade. This apartment block offers 14 one bedroom units and is fully furnished and ready for you to take over today.
Fethiye
With five bedrooms inside, this property has room for a family of up to ten persons to live inside on a permanent basis in the desired area of Kalkan, just moments away from the Old Town full of supermarkets, restaurants, and things to do.
Kalkan
This beautiful property is for sale in the peaceful area of Uzumlu in Fethiye, surrounded by fantastic nature views for a private lifestyle guaranteed – this is a must see home with its own private swimming pool and green garden.
Fethiye
Nestled within a residential area of Calis, this three bedroom detached house has its own private landscaped garden and swimming pool to enjoy – just a few minutes away from the famous beach and busy promenade.
Fethiye
Set to be completed in May 2015, these homes are absolutely elegant in design and look - the charming appeal of these villas are matched only by the idyllic sea views throughout. Real estate in Turkey is currently in its luxury stage, and they don't come much more luxurious than these.
Kalkan
Suitable for families looking to move to Turkey, this charming detached home is for sale within the peaceful residential area of Koca Calis and has its own private landscaped garden and swimming pool outside.
Fethiye
Are you a family looking to relocate to Turkey? If so, look no further than this charming house found in a safe and peaceful area in Calis within close distance to the beach and offering all you would need to keep the whole family satisfied for many a year.
Fethiye
Constructed to luxury standards throughout, this elite project is found on the Anatolian side of Istanbul in the residential area of Cengelkoy and offers apartments for sale in various different types for buyers to choose from.
Istanbul
Available in sizes ranging up to five bedrooms, these spacious apartments are ideal for those looking to live in Istanbul permanently in Gokturk area and have access to a swimming pool and landscaped gardens.
Istanbul
Suitable for family living within the residential area of Akarca in Fethiye Town, this charming house is for sale today as completely furnished and decorated from top to bottom – ready for new buyers to move in.
Fethiye
A charming home in reach of beaches and a bustling community centre is this idyllic property for sale in the Alacati region of Turkey offering three bedrooms and a lovely garden in the sun-drenched area ready to be moved in immediately after the purchase has been completed.
Alacati
These apartments have Title Deeds in place and are now fully completed – ready for buyers to move in and available up to four bedrooms in the residential and fast-developing area of Umraniye on the Anatolian side.
Istanbul
These Title Deed ready apartments are just a few minutes away from West Marina and the seaside within the peaceful area of Beylikduzu in Istanbul – perfect for those who are looking to raise their children in Turkey.
Istanbul
Looking out across Belgrad Forest and the city, these contemporary apartments are located within the core district of Kagithane in Istanbul and are just a short walking distance away from Seyrantepe Metro station.
Istanbul
Situated just five minutes walking distance away from the village centre and for sale at a bargain price is this scenic three bedroom home in Uzumlu – complete with its own private garden and spacious swimming pool to enjoy.
Fethiye
This detached home is nestled within the residential area of Ovacik in Fethiye and has its own private swimming pool and landscaped mature garden – just a few minutes away from daily amenities and transportation options.
Fethiye
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