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.
Located in a prime area of Konyaalti in Antalya is this stunning three bedroom apartment for sale at a great price for a lifestyle buyer in Turkey – this residence is just 500 metres away from the famous beaches and even closer to amenities.
Antalya
Rented by a top branded international restaurant chain, this commercial property is located in Gunesli area of Istanbul in Turkey and is situated within a busy shopping mall where thousands of people visit every day.
Istanbul
Built to luxury standards by a top developer, these Cengelkoy properties are located on the Anatolian side of Istanbul in Uskudar and are just 800 metres away from the seaside with spectacular views across the Bosphorus.
Istanbul
Available up to five bedrooms inside, this superb development offers a range of properties for sale in the fast-growing residential area of Nilufer, just a few minutes away from daily shops and public transportation options.
Bursa
Nestled in the Konyaalti area of Antalya is this charming apartment for sale within a small boutique project with access to a pool and gardens – this listing is just 300 metres away from the famous sandy beaches.
Antalya
This is a resale three bedroom property within one of the most popular projects currently in Side, you will find no other three bedroom units available, making this a unique opportunity for a buyer to invest today.
Side
Part furnished, this spacious four bedroom detached property is found in the Metinler area of Dalyan close to daily amenities and facilities, overlooking a wonderful backdrop of mountains and surrounding nature at all turns.
Dalyan
Located inside a popular shopping mall, this commercial shop is currently operating as a supermarket and enjoys high rental income on a long term basis with a tenant in place and contract allowing rental increases.
Istanbul
With a long term tenant in place, this is a fantastic opportunity to invest in a shop for sale in the iconic area of Galata in Istanbul, in front of the square and famous Tower just a few metres walking distance away.
Istanbul
Words do not do this listing justice – this spectacular duplex apartment overlooks Tarabya Marina and is found within an exclusive neighbourhood in Istanbul, suitable for those looking to live with their family in Turkey.
Istanbul
Built to exceptional standards, this quality house is for sale in the elite area of Akarca in Fethiye and is close to everything needed on a daily basis, including the bustling promenade lined with restaurants and shops.
Fethiye
With a long history of attracting healthy rental income, this designer property is located in Dalyan and is situated within a vast plot assuring total privacy for those seeking an exclusive lifestyle tucked away in the countryside.
Dalyan
Golden investment opportunity to purchase a busy shop in a shopping mall in Gunesli – complete with rental contract and long term tenant. This is a top pick for those looking to invest in Turkish real estate.
Istanbul
Just a few metres away from the nearest beach and with stunning views out towards the sea, these quality apartments are found in Mahmutlar area of Alanya and can be bought today in sizes ranging up to four bedrooms.
Alanya
Commercial property for sale in Kepez region of Antalya, suitable for buyers looking to obtain long term rental income and invest in a growing area of the city – all just 15 minutes away from the nearest international airport.
Antalya
Available today at excellent prices not to miss, these contemporary apartments are for sale in Kepez area of Antalya and are a must see for those who are looking to relocate or buyers that are seeking long term rental income.
Antalya
Outstanding five bedroom luxury property for sale in the heart of Kalkan, situated just a short walking distance from the centre and harbour, perfect for those looking to relocate with family to enjoy some of the best sea views imaginable.
Kalkan
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
Purchase a brand new home in Mahmutlar when you buy one of these modern apartments for sale at affordable prices in Alanya – situated within close proximity to amenities and the nearest sandy beach for relaxing.
Alanya
Fully completed and ready for buyers to move in, this fantastic project offers tremendous apartments for sale in Kadikoy area of Istanbul, metres away from Bagdat Avenue, one of the longest shopping streets in Turkey.
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
Constructed using locally sourced quality stone, this charming detached villa is located in a highly private area of Yalikavak in Bodrum and is shrouded in privacy with a huge garden, spa, and swimming pool to enjoy.
Bodrum
Continue with Google
