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.
This detached property is located within a residential area of Ovacik in Fethiye and has its own private landscaped garden and swimming pool – all just a few minutes away from daily amenities and transportation.
Fethiye
Built to excellent standards throughout, these charming villas are nestled within the peaceful area of Dosemealti and have their own private gardens – all just a few minutes away from local amenities and necessities.
Antalya
Do not miss out on this incredible opportunity to purchase two stone-built properties in the sought after area of Kayakoy in the Fethiye region of Turkey – situated within a large plot of land with infinity swimming pool.
Fethiye
Branded coffee shop for sale in the centre of Beylikduzu area of Istanbul, just minutes away from the E-5 for commuting and moving around – this is an excellent investment close to other local shops and transportation.
Istanbul
This renovated house is tucked away within a residential area of Kayakoy in Fethiye and is on the market as completely furnished and decorated throughout – ready for a family to move in as soon as the purchase is finalised.
Fethiye
This Kizilkaya villa has been designed and built to luxury standards throughout and is nestled within a rare area of Faralya – you do not want to miss out on this exceptional opportunity to live close to the Lycian Way.
Fethiye
Refurbished to excellent standards throughout, this tremendous villa is found within the residential area of Koca Calis and has five bedrooms – suitable for families looking to live in Turkey on a permanent basis.
Fethiye
Designed and built to outstanding standards by one of the top developers in Kalkan is this brand new property for sale in Ortaalan area, enjoying sweeping vistas out towards the sea and town below from all rooms inside.
Kalkan
Testament to the quality of Antalya real estate today is this fully equipped luxury project located right at the seafront with one of the most popular beaches in walking distance. The bathrooms are fitted with Jacuzzi bathtubs, and each home enjoys a spectacular view out to the sea.
Antalya
Looking out towards the sea and natural surroundings of Yalikavak, this three bedroom house is on the market today as completely furnished and decorated – ready for a family to move in immediately after purchase.
Bodrum
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
Enquire today to secure your home at the lowest possible price before stated increases – this is an extraordinary seafront development with a wide range of social facilities designed to provide a luxury lifestyle to all those who buy here.
Istanbul
Brand new supermarket for sale with a long term tenant in place – guaranteeing the buyer years of rental income in sought after Esenyurt, situated along a busy high street close to housing projects and public transport.
Istanbul
Minutes away from shops and the nearest beach area, this fantastic villa is for sale in Calis area of Fethiye and has four bedrooms inside for a family to live together in Turkey – act fast as this is the last one available.
Fethiye
High quality apartments suitable for investment and lifestyle buyers looking to purchase in the new international financial centre of Istanbul – these Atasehir properties have access to a full range of social and on-site facilities.
Istanbul
Completely furnished and ready for a new owner to move in immediately, this stone built villa is found on the far side of Kas peninsula and enjoys a high degree of privacy for someone looking to escape to a quiet area of Turkey.
Kas
Built to modern standards by a top developer, these spacious apartments are found in the district of Sisli in the heart of Istanbul city centre and are highly recommended for viewing at the earliest availability before units sell out.
Istanbul
Situated within its own private garden with swimming pool and space to relax, this detached villa is for sale within a residential area of Calis in Fethiye and is just ten minutes walk away from the famous beach and promenade.
Fethiye
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