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.
Forming part of a 5-star resort with private beach and Marina, this beautiful home is for sale in the Kadriye area of Belek and is completely furnished and ready to move in as soon as the purchase process is finalised.
Belek
Built to exceptional standards throughout, this property is located in Side area of Turkey and is within easy driving distances to the nearest beach – on the market as completely furnished and ready to move in immediately.
Side
This four bedroom home is situated within a small estate of just a few villas, and has its own private green garden with swimming pool outside – nestled in a peaceful area of Ovacik with tremendous Babadag Mountain views.
Fethiye
You do not want to miss out on this once in a lifetime opportunity to invest in the heart of Istanbul just minutes from Sisli with excellent facilities and shopping streets. This is not just a project, but a complete lifestyle overhaul developed by the largest developer in the country.
Istanbul
Built to exceptional standards, these Dosemealti villas have their own private landscaped gardens and large swimming pools outside – all just a few minutes away from amenities and public transportation options.
Antalya
Custom built high quality home in the peaceful area of Selimiye just 200 metres away from the sea and complete with spacious gardens and a private swimming pool. Enjoy magnificent views across Selimiye Bay and mountains.
Marmaris
Elite apartments for sale in the sought after residential area of Bahcesehir in Istanbul, suitable for investment with a strong exit strategy for those seeking rental income – please contact us today for figures and details about these homes.
Istanbul
Surrounded by nature and greenery, this spacious villa offers a private lifestyle for those looking to escape from it all in Turkey – this charming house is situated in Dosemealti and is only 15 minutes drive from Antalya city centre.
Antalya
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 exceptional standards by a top developer in Fethiye, this tremendous property is for sale in the Hisaronu area of the region and is just a short walk away from shops, restaurants, and public transportation for moving around.
Fethiye
With four bedrooms inside, this duplex apartment is perfect for families and those looking to relocate to Lara district of Antalya permanently – this unit can also be used in applications for Turkish Citizenship.
Antalya
This villa is at the very top of luxury living in Kalkan and epitomises the quality of real estate that you can find in this charming area of Turkey today. Found in a beautiful location close to the harbour and with breath taking sea views.
Kalkan
This luxury villa has been designed and built with privacy and an exclusive lifestyle in mind – situated within a huge private plot with sweeping sea views from all rooms making this one of our top picks currently available in Kalkan.
Kalkan
Minutes away from private beach clubs, this Kilyos villa is located within an excellent compound with access to a shared swimming pool and has its Title Deed in place, making it suitable for Citizenship applications.
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
Looking out across the sea with fantastic views, these delightful apartments form part of one of the best projects to come out of the Zeytinburnu district in recent years and have access to a full range of social facilities and on-site areas to enjoy.
Istanbul
Surrounded by lush forests and nature, these contemporary properties are for sale within a peaceful and residential area of Sariyer in Istanbul – just five minutes away from schools, amenities, and public transportation.
Istanbul
Suitable for families and those looking to live in Calis, this triplex villa has four bedrooms inside and is on the market as completely furnished and decorated – complete with its own private garden and swimming pool.
Fethiye
An opportunity not to miss out on – this incredible villa is found in a residential area of Ovacik in Fethiye and has panoramic countryside views, suitable for family living just 2km away from the lively resort area of Hisaronu.
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
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