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.
Just moments away from the seafront with tremendous views, these spacious properties are located in a highly residential area of Beylikduzu and are available in sizes ranging from two – five bedrooms for family living in Turkey.
Istanbul
With views heading out towards the sea, these new apartments are for sale in the sought after area of Zeytinburnu in Istanbul and form part of a quality complex featuring a full range of social facilities and amenities.
Istanbul
Available for sale at a bargain price, this detached villa is nestled in a peaceful area of Ovacik within the Fethiye region and is fully furnished – ready for a new family to move in as soon as the purchase process has been completed.
Fethiye
Available at great prices, these quality homes are for sale in the Akarca area of Calis and range from four – five bedrooms for families looking to live just a short walking distance away from the promenade and shops.
Fethiye
An incredible opportunity to purchase multiple villas at a discounted rate in the peaceful area of Islamlar in Kalkan – high rental income and potential to operate as a boutique hotel makes this the ideal buy to let investment in Turkey.
Kalkan
Right in the heart of Bodrum city centre, these contemporary apartments have Title Deeds in place and are five minutes away from everything needed on a daily basis – enquire today for more information before these have been sold.
Bodrum
Enjoying peaceful views out towards the surrounding nature and forests, this bargain priced property is located in a residential area of Kemer and is within close proximity to the nearest beach and city centre full of life and things to do.
Kemer
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
An ideal investment for someone looking to capitalise on their purchase is this spacious villa that could be rented to tourists in peak summer months. Combine your holiday home with a smart investment and enjoy long summers in Turkey overlooking the sea.
Kalkan
Nestled in a peaceful area of Ovacik, this completely furnished villa has tremendous views heading out towards Babadag and Mendos mountains in the background – this listing will not be on the market for much longer.
Fethiye
Forming part of a 5-star project designed and built by a top developer in Istanbul, these flats are available in sizes ranging up to four bedrooms and are minutes away from the famous Lake with beautiful views.
Istanbul
These Asian side Fikirtepe properties are found in an area currently undergoing urban regeneration and tick all the boxes for investors and lifestyle buyers, full of 5-star social and communal facilities for residents to use daily.
Istanbul
For sale at an excellent price is this wonderful sea view apartment in the residential area of Liman within the district of Konyaalti in Antalya – this flat is nestled just 200 metres away from the nearest sandy beach.
Antalya
With three bedrooms inside, this spacious villa is suitable for families looking to live in Calis on a year round basis with the beach just five minutes away – for more information, please enquire today to speak with our team.
Fethiye
Fully furnished property located in Kalkan Town centre within easy walking distance to the harbour makes this an ideal purchase for anyone who enjoys a spot of sailing uncovering some of the coves and islands surrounding the town. Very high rental potential with this one.
Kalkan
With access to a stunning rooftop terrace overlooking the Bosporus Sea and city is this readymade one bedroom apartment for sale in Galata Istanbul fetching a healthy rental income of around 2,500 USD per month for the current owner.
Istanbul
Sitting in the eagle’s nest in Uzumlu overlooking the surrounding nature and valleys is this wonderful, customisable property for sale featuring one of the most breath taking interior designs that we have come across in Turkey today.
Fethiye
Within easy walking distance to all local amenities including lovely restaurants and bars is this family home offering five large bedrooms and a large garden. Listed as fully furnished, you and your family can be enjoying all that is good about Kalkan just in time for summer.
Kalkan
In a residential area of Ovacik, this detached property has its own private swimming pool and lovely views out towards the surrounding nature, all just ten minutes walking distance away from top restaurants and daily amenities.
Fethiye
With a beautiful rooftop terrace overlooking the bay of Kalkan and sea, this is an immaculate home and one that ticks all the boxes for luxury residential living located right in the centre of town close to all amenities.
Kalkan
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