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
Located within a 5-star development, this property is suitable for year round living in the highly desired area of Calis within the Fethiye region and has access to a full range of social facilities and shared spaces to use.
Fethiye
Alacati stone house just minutes away from the surf and some of the best beaches in the region, this home would make a great residence for someone who is looking to place themselves close to a bustling region set to come up fast in the future - a great investment indeed.
Alacati
Suitable for buyers looking to invest or those looking to live in Istanbul, these spacious and modern apartments are for sale in Topkapi area of the city and form part of an excellent project equipped with superb facilities.
Istanbul
Recently completed construction in March 2014 are these modern apartments in the working city of Antalya providing you with a bustling year round atmosphere. There are 56 units in total available and the nearest beach is easily accessible making it a great option for both beach life and work life.
Antalya
Rented by a national Turkish shop, this is a top opportunity to invest in commercial real estate in a sought after area of Gunesli in Istanbul – forming part of a shopping mall visited by thousands of people daily.
Istanbul
Urban Regeneration apartments for sale in Central Bomonti area of Sisli in Istanbul, located just 5-10 minutes away from Taksim Square within a comprehensive project offering a range of daily facilities and amenities on-site.
Istanbul
Suitable for families looking to live in Istanbul, these Kucukcekmece properties have fantastic views heading out towards the famous Lake and have Title Deeds in place – ideal for Turkish Citizenship by Investment applications.
Istanbul
Available in sizes ranging up to three bedrooms, these spacious apartments are found in Atasehir in Istanbul and have Title Deeds in place – suitable for those looking to apply for Turkish Citizenship by Investment.
Istanbul
Built to elite standards by a top developer in Turkey, these incredible properties are situated in Bodrum between Gumusluk and Turgutreis with buyers able to choose between villas and apartments in several different types.
Bodrum
Continue with Google
